52# Scalping Chimp Trading System

Submit by Forexstrategiesresources

 

Time Frame 5m

Pairs: EUR/USD, GBP/USD, AUD/USD.

 

Metatrader Indicators:

ADXVMA16Bar

ADXVM12Bar

TLOMI Nonlag v.4

Chimp2.1 with ma

MA Cross OC

 

Long Entry:

ADXVMA12Bar and TLOmi non lag >ADXVMA16 Bar;

Ma>Chimp2.1;

wait blue arrow MA Cross OC.

 

Short Entry

ADXVMA12Bar and TLOmi non lag <ADXVMA16 Bar;

Ma<Chimp2.1;

wait red arrow MA Cross OC.

 

 

Exit Position

For Buy when appears red arrow;

for Sell when appears blue arrow;

 

Profit Target:

EUR/USD 7 pips GBP/USD 9 pips, AUD/USD 5 pips.

 


 

see pictures below:Scalping Chimp in action.

 

Share your opinion, can help everyone to understand the forex strategy.

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