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671# 123 PZ Scalping

Moving Averages with 123 pattern

Trend Breakout Scalping

Submit by Dimitri

 

123 PZ Scalping is a trend breakout scalping system based on famous 1-2-3 pattern filtered by three moving averages. system setup is very simple, trade when the trend (Up or Down) is confirmed by the moving averages and by the other indicators two indicators, therefore for example if the trend is up and the conditions are met only the long signals are traded and vice versa.

You can apply this template also at the renko and range chart.

Time Frame 5 min or higher.

Currency pairs: major, minor and Indices.

Indicators MT4

PZ 123 size pattern 6

Exponential Moving Average 10 period, close.

Exponential Moving Average 200 period, close.

Exponential Moving Average 100 period, close.

Exponential Moving Average 50 period, close.

Extreme profit Softavare

Extreme Profit 1

Daily Dynamic Trend Currency

Trading rules 123 PZ Scalping

Trades only in the direction of the trend, basic rule.

Buy

Exponential moving average 50 above EMA 200

Extreme profit bullish setup

Daily Dynamic Trend Currency >50

PZ 123 Pattern buy arrow.

Sell

Exponential moving average 50 below EMA 200

Extreme profit bearish setup

Daily Dynamic Trend Currency <50

PZ 123 Pattern sell arrow.

Exit position

Ppredetermine profit target or with ratio stop loss 1:1.3. Initial stop loss below above the previous swing High/low.

 

In the pictures 123 PZ Scalping in action.

123 PZ Scalping
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123 PZ Scalping
123 PZ Scalping.rar
compressed file archive 336.4 KB

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Comments: 0
https://www.forexstrategiesresources.com/.../3-bollinger-bands-and-123/
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Bollinger Band and 123 is an trading system based on bollinger band and 1-2-3 formation.
https://www.forexstrategiesresources.com/renko.../7-123-with-renko-chart/
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123 with Renko Chart - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecas
https://www.forexstrategiesresources.com/.../197-scalping-wave-with-123- pattern/
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Share your opinion, can help everyone to understand the forex strategy. Download. scalping wave +123 pattern. Forex Trading System. scalping ...
https://www.forexstrategiesresources.com/...iv/600-123-pattern-day-trader/
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123 Pattern Day Trader is a breakout trend following strategy based on the 123 pattern and day signal ultra as filter trend. This a profitable trading system.
https://www.forexstrategiesresources.com/.../599-trend-cci-with-123-pattern- strategy/
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The pourpose of Trend CCI with 123 Pattern Strategy is find the intraday breakout . This trading system has a good profitability. Time Frame 5 min, 15 min , 30 min ...
https://www.forexstrategiesresources.com/...iv/499-ross-hook-show-123/
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21 Jan 2016 ... Ross Hook Show 123, (this indicator sucks much ram your computer). Exponential moving average 34, close, low with levels -150 and -250.
https://www.forexstrategiesresources.com/.../38-abc-pattern-or-the-123-chart- pattern/
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123's occur at the end of trends and swings, and they are an indication of a change in trend. They can also be found within a trading range, and they take place ...
https://www.forexstrategiesresources.com/patterns-forex.../6-1-2-3-pattern/
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Show 123 Indicator. 123 Pattern V.6. 123 Pattern System. Download. 123 Pattern System. 123 pattern System.zip. Compressed Archive in ZIP Format 39.4 KB.
https://www.forexstrategiesresources.com/breakout.../40-hans123-breakout/
4 Apr 2012 ... Hans123 Breakout Trading System - Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast.