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Envelope Reversal Scalping Method

September 24, 2017 by admin Leave a Comment


 

 

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

 

Time Frame 5 min.

Forex pair:any.

 

Currency trading Warning signs:

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:

  1. The indicator (overbought and oversold) is on oversold zone;

  2. The cost breaks the reduce envelope 90;

  3. entry long at open next bar after Buy arrow of the Stochastic alert indicator (14,3,3).

 

Promote

Anticipate that two conditions are real:

  1. The indicator (overbought and oversold) is on overbought zone;

  2. The cost breaks the scale down envelope 90;

  3. entry short at open next bar after Purchase arrow of the Stochastic alert indicator (14,3,3).

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Envelope Reversal Scalping MethodEnvelope Reversal Scalping System

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