150# 15 min Contrarian Scalping System
Contrarian Forex Strategy
15 min Contrarian Scalping
Submit By Joy22 07/12/2011
15 min Contrarian Scalping is an forex strategy Contrarian or counter-trend the advantage of these forex strategies is a good profitability but with do not great gain (in relation at the time frame).
Time Frame: 15 min,
Currency Pair: all
Forex Indicators:
bollinger
bands[20, 2]
envelope[14]
ADX (13)(with moving Average 5)
Stochastic cross alert (14, 3,7)
Rules
When price [up]exceeds both upper bb and upper envelope wait arrow down stochastic if ADXCross down moving average or is below
30 enter short.
When price[down]exceeds both lower bb and lower envelope
wait arrow up stochastic if ADXCross down moving average or is below 30 enter
long.
Stop
loss 2 pips above the Upper or below the Lower Band of the BB.
take profit 10 pips or on the
middle band.
In the pictures 15 min Contrarian scalping system
Share your opinion, can help everyone to understand the forex strategy.
- Contrarian strategy
- 133# 1 min Contrarian Scalping (VIII) - Forex Strategies - Forex ...
- 109# Contrarian - Forex Strategies - Forex Resources - Forex ...
- 153# Dynamic Channel, Contrarian Strategy. - Forex Strategies ...
- 346# Fx Contrarian - Forex Strategies - Forex Resources - Forex ...
- 150# Contrarian Scalping - Forex Strategies - Forex Resources ...
- Contrarian with HMA and Bollinger bands
- 300# HMA and SMI - Forex Strategies - Forex Resources - Forex ...
- 124# Swing Extreme - Forex Strategies - Forex Resources - Forex
- 127 Forex Scalper
- 325# Past Regression Deviated Method - Forex Strategies - Forex
- 12# Renko with DTOSC and Past Regression Deviated - Forex ...
- 2# Renko with I-Regression bands - Forex Strategies - Forex ...
- 123# ATR Channels Strategy - Forex Strategies - Forex Resources
- 147# Fibo Dynamic Channel - Forex Strategies - Forex Resources