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684# JMO Jaima 5 min Scalping

Jma Jaima crossover.

Scalping Indicator with Williams% range as filter of JMO Jaima.

Submit by Maximo Trader

 

JMO Jaima 5 min Scalping is a trading system base on Jma Indicator crossover filtered by momentum indicator as William% Range. Also if this trading system was created for forex scalping and day trading the strategy works very well on all time frames. JMO Jaima 5 min Scalping is very precise and has a high profitability beyond all expectations.  

The idea of the trading system is very basic a crossover of smoothed moving averages mathematically filtered by momentum indicators to search for the best possible timing for market entry.

Time frame 5 min or higher.

Currency pairs: Majors, Minoir, Indices.

Trading Sessions: any.

Metatrader 4 indicators:

Main Chart

JMO Jaima period fast 20, period slow 200, off set -1 JMA fast.

Pivots points levels.

Below of the main chart

Volume Bar optional

William's% Range 80 periods, with moving average 34 period.

Scalping indicator default setting.

Trading rules JMO Jaima 5 min Scalping

Buy

JMO Jaima crosses upward.

William's % Range crossses upward movinmg average.

Scalping indicator green bar.

Sell

JMO Jaima crosses upward.

William's % Range crossses downward moving average.

Scalping indicator red bar.

Exit position options:

Place initial stop loss below/above the previous swing high /low

At the levels of pivots points.

Ratio stop loss minimum 1:1.

 

In the pictures JMO Jaima 5 min Scalping in action.

JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima 5 min Scalping
JMO Jaima.rar
compressed file archive 46.2 KB

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