This Divergence scalping manner is in response to two divergence indications and works on the all time body. Right here I teach the way it work at the time-frame 5 min.
Trading Session: London and New York.
FXCX Divergence indicator (5,13,21,),
MACD Divergence indicator (12, 26 9),
Doda Stochastic indicator ( 5,thirteen, 5 surroundings for 5 min and 15 min period of time, for other period of time the atmosphere is 5, eight, 5).
Buying and selling Guidelines: Divergence Currency trading Scalping Technique
Go Lengthy
1) Buy Arrow FXCX Divergence indicator;
2) MACD Divergence indicator>0;
3) Doda Stochastic indicator go upward from oversold region.<70
Go Short
4) Promote Arrow FXCX Divergence indicator;
5) MACD Divergence indicator<0;
6) Doda Stochastic indicator go downward from overbought vicinity however<30
Exit Place
Fast Income Goal 6-12 pips.
End loss eight pips above or under the entry bar.
In the pics below Divergence Currency trading Scalping Procedure in action.
Divergence Currency exchange Scalping Process
Divergence Foreign exchange Scalping Procedure
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