Envelope Reversal Scalping Method

It is a Scalping Manner Reversal in accordance with the indicator Envelope and indicator overbought and oversold.

Time Frame 5 min.

Forex pair:any.

Shifting averageA ninety Median HL;

Envelope ninety (Deviation zero.15);

Envelope 90 (Deviation zero.30);

indicator (overbought and oversold);

Stochastic alert (14,3,3).

Rules for : Envelope Reversal Scalping Procedure

Purchase

Count on that two stipulations are proper:

The indicator (overbought and oversold) is on oversold zone;
The cost breaks the reduce envelope 90;
entry long at open next bar after Buy arrow of the Stochastic alert indicator (14,3,3).

Promote

Anticipate that two conditions are real:

The indicator (overbought and oversold) is on overbought zone;
The cost breaks the scale down envelope 90;
entry short at open next bar after Purchase arrow of the Stochastic alert indicator (14,3,3).