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.
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.
Exponential moving average 50 above EMA 200
Extreme profit bullish setup
Daily Dynamic Trend Currency >50
PZ 123 Pattern buy arrow.
Exponential moving average 50 below EMA 200
Extreme profit bearish setup
Daily Dynamic Trend Currency <50
PZ 123 Pattern sell arrow.
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.
Share your opinion.