Submit by Federick
FX
Scalping in the quiet moments
Scalping in quiet moments is a forex strategy suitable for both day trading and higher time frames, so I decided to share it because I had positive results. The strategy is based on the
retracement of prices towards the trend defined by the moving average of 100 periods.
Another important condition is that
the daily volatility must be lower than the maximum of the previous 30 days. The retracement must be identified with the target bands.
Time frame 5 min or
higher.
Currency pairs: NZD/USD, EUR/USD,
GBP/USD, GBP/JPY, EUR/JPY, EUR/AUD, EUR/GBP, AUD/USD, USD/JPY.
Metatrader
indicators:
Average Range
Multi
Target Bands (moving average period
50, ATR period 50, ATR factor 2.0.
Moving average 100, period and 5
period close.
DSS arrow Bressert (12,
14).
Pivot Points Levels D
black.
Trading rules Scalping in the
quiet moments
Buy
First: the candle price retraces
and close below meedle line of target band, Second: the price starts going in the direction of the trend.
MA Histogram blue
bar.
DSS Bressert white
arrow.
Sell
First: the candle price retraces
and close above meedle line of target band, Second: the price starts going in the direction of the trend..
MA Histogram red
bar.
DSS Bressert red
arrow.
Exit
position
Place initial stop loss below the
previous swing high/low. Profit target a the pivot points level or ratio stop loss 1.2.
On a trading day within the same
pair, no more than 2-3 quality-suited signals will be displayed. So you can also use it on multiple currency pairs simultaneously. In any case, these signals will be very precise and this is
exactly what we need for profitable trading. I really hope this trading system is interesting for you and it will help you earn a stable profit.
In the pictures Scalping in the
quiet moments in action.
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