517# Sukhoy 5 pips scalping
Sukhoy 5 pips scalping is a trading system based on Mika 's Bo Channel with fast profit target. This is a trend-volatility system. You can use this system in two ways:
first with fast pt for example 4-5 pips EUR/USD or exit position at the opposite signal.
Time Frame 5 min or higher.
Currency pairs for scalping:(EUR/USD, GBP/USD, USD/JPY. USD/CAD), Indices (Dax and Dow).
Trading Sessions: London and New York.
In the main chart:
Mika 's Bo Channel;
In sub window
Nihilist ultra ADX (period 7);
Nihilist ultra ADX (period 21);
Nihilist ultra ADX (period 42);
Z Winner CCI (period 16- level buy +55, level sell -55);
Trading rules Sukhoy 5 pips scalping
You can use this system in two ways:
with fast pt for example 4-5 pips EUR/USD or exit position at the opposite signal.
Buy signal arrow Mika 's
All Nihilist ultra ADX (7),(21),(42) are green or blue
CCI above level 55;
X-supertrend candles green color.
Sell signal arrow Mika
's Bo Channel"
All Nihilist ultra ADX (7),(21),(42) are red or orange
CCI below level -55;
X-supertrend candles red color.
Exit posit with 5 pips profit target or at the opposite signal.
EUR/USD 5 pips, AUD/USD 4 pips, GBP/USD 6 pips.
Place initial stop lo loss below/above channel.
Recovery trades after two loss. Always remember to apply the recovery when we have the best market conditions.
In pictures Sukhoy 5 pips scalping in action.
Share your opinion, can help everyone to understand the forex strategy
Marc (Sunday, 29 April 2018 00:08)
Here is all free!!!
firstname.lastname@example.org (Saturday, 28 April 2018 04:38)
I have to pay for this software?
sinand (Saturday, 31 March 2018 16:14)
niko (Friday, 03 June 2016 07:13)
The xtrend indicators don't compile on any build I've tried. They say 600+ but I tried it on 950, 765, and even older ones like 509 and 409. So you can download the latest working indicators posted by their author here: http://www.forexfactory.com/showthread.php?t=329399
bart (Friday, 29 April 2016 17:15)
Interesting colours on ADX. They look lovely and confusing at the same time. I have changed them to lime and red only. X-super trend candles won't work on my mt4 (different build maybe?), after compiling this indicator I came up with 14 errors. I managed to fix it.
Trading: I have changed ADX colours to create a clearer view to see what's going on with the price. In my humble opinion it looks more transparent. Maybe it just me. Another change I did was with CCI, my setting is 30. The reason behind it is to avoid being caught up in sudden price changes, quick turns which don't translate into a specific direction. On small time frames such as 5m or 1m that may happen quite often and may lead to unnecessary losses. And when scalping I need to be sure about price direction. I don't like to be caught in sideways movement.
Buying: when direction is set upward - above CCI (30) level 55 or 50, I'd buy when ADX is in alignment - 3 lime ADX (by the way this ADX probably repaints to certain degree, all indicators of this type do that - more or less, don't be caught by surprise - that is another reason why CCI is set at 30). I would also re-enter trades if a faster ADX (7) would change to red and then turn to lime again. So if the price closes and the fastest adx becomes lime (colour) again and it is aligned with two other adx indicators which are also lime.
Selling: it would just opposite of buying.
After compiling X-supertrend candles and fixing the errors you will have another visual tool to see the price direction. Heikin-Ashi candles could be used in similar fashion.
I didn't find much use for Mika's Bo Channel at all in this strategy.
I would be tempted to trade this system on 1m chart.
I'd like the system, but I would use it with the tweaks I've mentioned above. To help with setting up stops I would use ATR (set between 10 and 15) and I would target 2 ATR and then I would close the trade or attempt to follow with a trailing stop. Anyway this the way how I would utilize Sukhoy scalping system.
Thanks for sharing your strategy.
jason (Thursday, 28 April 2016 15:57)
Hi , thank for sharing this interesting system .
I would like a clarification , please .
You said : " All Nihilist ultra ADX are green or blue."
What does it mean ? ie , for a buy , all 3 histo should be blue, OR they may be , eg , two blue and one green ?
Thanks for kind reply.