536# Scalping Gray
Price Channel filtered
Submit by Timmy 16/07/2016
Scalping gray is a method of filter trend following. Based on trend-momentum indicators:Slow Stochastic, Xoindatr, AFL Winner.
This method can also be applied to swing trading.
Time Frame 5 min or higher.
Financial market: any.
Metatrader indicators setting:
Price channel signal lenght 22 risk 3;
Power pice action ( heiken ashi smoothed ) optional;
Slow stochastic (priod 60);
Xoindatr (14);
AFL Winner (10; 5);
Pivot level for intraday trading optional as target.
Trading Rules Scalping Gray
Buy
Price channel signal buy alert confirmed by:
Slow stochastic with black bar;
Xoindatr with black bar;
AFL Winner black bar.
Sell
Price channel signal sell alert confirmed by:
Slow stochastic with white bar;
Xoindatr with white bar;
AFL Winner white bar.
Exit position is discretionary because this is a filter method that can help you trading.
In the pictures Scalping Gray in action.
Share your opinion, can help everyone to understand the forex strategy