1-2-3 pattern MTF with Bollinger bands and Moving Averages Scalping System is a price action currency trading process trend following. This scalping manner works also with bigger period of time.
Time Frame 5 min, 15 min .
Currency pairs: EUR/USD, GBP/USD, USD/CHF, AUD/USD.
Technical Indications:
Parabolic Sar indicator (0.02-zero.2);
Transferring Standard Basic ( period 6, shut);
Transferring Normal Straight forward ( length 12, shut);
Transferring Universal Uncomplicated ( length 24, close);
Moving Usual Hassle-free ( duration 48, close);
Bollinger Bands (12, 2 or 20 :2);
Bollinger bands (forty eight, 2);
1-2-3 Sample MTF v3.1;
Lab Trend Zig Zag 1.2;
Guidelines for 1-2-3 Pattern MTF with Bollinger bands and Transferring Averages Scalping System
Exchange in basic terms closer to th trend
Purchase
Trouble-free Shifting Basic vogue up= MA 6>MA12>MA24>MA48 and MA12>MA24>MA48;
Parbolic Sar trend up by the dots under the candles;
The upper band of the Bollinger Bands (12, 2 or 20:2) is > of the top band of the Bollinger bands (48, 2);
Lab Style Zig Zag pointing up;
If these conditions are fulfilled enter a purchase pending order at the extent a hundred of the indicator 1-2-3 sample with goal 161 or 261.
Area the quit loss 2 pips under the extent of 23.6.
Sell
Simple Shifting Typical fashion down= MA 6<MA12<MA24<MA48 and MA12<MA24<MA48;
Parbolic Sar style down by the dots above the candles;
The shrink band of the Bollinger Bands (12, 2 or 20:2) is > of the reduce band of the Bollinger bands (forty eight, 2);
Lab Fashion Zig Zag pointing down;
If these conditions are fulfilled enter a promote pending order at the level 100 of the indicator 1-2-3 sample with goal 161 or 261.
Location the stop loss 2 pips above the extent of 23.6.
This scalping manner is usually impressive for buying and selling in with Binary Options High/Low.
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