Ama bands Scalping Procedure is in line with two indications Ama Bands and 5 minute chart.
Time Body 5 min.
Curency pairs: EUR/USD, GBP/USD.
Ama Bands ( 9, 30, 2);
5 minute char.
Guidelines for Ama Bands Scalping technique
-Discover a present day future trend. (Have in mind? Trend isyour buddy?)
Example – if you alternate on a 5M timeframe – go to 1 period of time higher
(15M timeframe Chart therefore).
On a 5M timeframe The5-MinuteChartIndicator will instruct yousmaller
intraday traits which can be presently interior a broader style
(as a result 15M timeframe trend).
Ignore all indicators in opposition to a a broader 15M timeframe style!
Example: 15M Timeframe Fashion is up – however you get a “promote” sign
on your 5M timeframe (ignore it!) Look forward to a “purchase” signal to enter.
It is probably the most fabulous rule #1, if you apply it one can haven’t any
losing trades in any respect.
Probably the most good rule #2: do not trade and do now not use the
warning signs on a side style. It’s “MUST observe” rule#2.
Stay away from through the signals and open trades on unclear trends.
5 minute chart line subwindow indicator is blue on the 5 min chart and 15 min chart.
Ama bands blue arrow simply on the 5 min chart.
5 minute chart line subwindow indicator is purple on the 5 min chart and 15 min chart.
Ama bands pink arrow in simple terms on the 5 min chart.
Exit situation when the 5 min chart indicator alternate route or on the pivots aspects tiers.
Intial cease loss on the past swing
Inside the image Ama Bands scalping process in action.