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.
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