345# Retracement Finder Scalping System

Retracement Finder with DSS Bressert indicator

Submit by Joy22 02/06/2013

 

Time Frame 15min or Higher

Currency pairs:any

 Metatrader Indicators

200 Ema (exponential moving average High);

200 Ema (exponential moving average Low);

Retracement Finder;

DSS Bressert indicator (8-5) modified

 

Rules Retracement Finder Forex Strategy

only trade in the direction of the trend.

the trend is determined by the channel 200 EMA:

if the price is above the channel the trend is up,

if the price is belows the channel the trend is down.

 

Buy

Price Above 200 Ema Channel;

Retracemet Finder swith up;

DSS Bressert indicator blue dot.

 

Sell

Price Below 200 Ema Channel;

Retracemet Finder swith down;

DSS Bressert indicator red dot.

 

Exit Position

On the pivot points levels (only with 15 mim time frame)

Profit Target Fixed depends by time frame;

Whe changes the dot of the DSS bressert indicator.

ThisForex Strategy work very well


In the pictures Retracement Finder Scalping forex system in action.

Retracemet Finder scalping System
Trading System:Retracemet Finder scalping System is a Forex Stratey based on the Retracement Finder and DSS Bressert Metatrader indicators.
Retracement Finder.rar
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Retracemet Finder scalping System
Retracemet Finder scalping System

Share your opinion, can help everyone to understand the forex strategy.

Comments: 1
  • #1

    Bill (Sunday, 07 June 2020 14:19)

    Thank you Joy22 for this post. This strategy is excellent especially on longer timeframes.

Retracement Trading System