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81# BBox Advanced Scalping System

Submit by Janus Trader

 

The buy and sell zones are a crucial component of the micro day strategy where every hour on the 1minchart is regarded as a daily chart. At the beginning of each ‘day’ or hour, new buy and sell zones are automatically drawn. The buy and sell zones can only be revealed to be highs or lows after the fact but their real-time function is to provide a perspective on the overall price direction of the hour or micro day.

 

 

When new buy/sell zones are drawn the buy/sell zones of the previous hour are displayed as smaller dotted lines, this is a perfect tool for back testing but is also important in actual real-time trading. When looking back at the past few hours and what the buy/sell zones were for those hours a larger trend can be

 

recognized. In this way you can see larger trends on the 1min chart and factor that into your trading for the

current hour accordingly. The current buy/sell zones are bolder with longer dashes. Another very useful component of the buy/sell zones is the zone display which indicates how many pips above the buy zone or below the sell zone have occurred within a given hour, this display resets every hour

or micro day. When the largest pip number is greatly skewed towards either zone it adds a helpful level of

safety. .

 

BUY Conditions

1. Attempt only one trade direction an hour.

2. Price must be above blue buy zone lines

3. Zone indicator must indicate more pips moved above blue buy zone lines than below red sell zone

during that hour.

4. The width of the yellow NMR lines must at least touch 1.1550/-1.1550 purple level lines but ideally

will be above, both are acceptable however

5.Red NMR line must be above upper yellow NMR line.

Sell

1. Attempt only one trade direction an hour.

2. Price must be below red sell zone lines

3. Zone indicator must indicate more pips moved below red sell zone lines than above blue buy zone

lines during that hour.

4. The width of the yellow NMR lines must at least touch 1.1550/-1.1550 purple level lines but ideally

will be above, both are acceptable however.

 

Red NMR line must be below lower yellow NMR line.

(see pdf manual)

BBox Trading System Templete
BBOX SYSTEM templete.rar
compressed file archive 9.9 KB
BBox Advanced Scalping System Manual
BBOX ADVANCED SCALPING SYSTEM.pdf
Adobe Acrobat Document 1.2 MB

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Comments: 1
  • #1

    Hartmut Bloete (Sunday, 22 July 2012 16:22)

    Hello
    there is a way that
    in Metatrader, to convert 5, for each help
    I am very grateful
    my email: Digitaldisplay@t-online.de