This Scalping reversal method is based on the 4MACD indicator.
I write the environment for this forex pairs: USD/CHF, GBP/USD, EUR/USD, AUD/USD.
Time Frame 15 min.
Foreign exchange Indicator:
1° MACD indicator (17,7,5);
2° MACD indicator (5 ,thirteen,5);
3° MACD indicator (17,14,5);
4° MACD indicator (12,18,four);
Arrow indicator (CCI arrow indicator, 21) ;
Draw in the MACD indicator, two horizzontal line.
When the histogram MACD inexperienced bars breaks downward the horizzontal inexperienced line, entry at the primary buy arrow.
When the histogram MACD crimson bars breaks upward the horizzontal pink line, entry at the first sell arrow.
At opposite arrow or on the midsection band of the bollinger bands indicator.
Give up loss
Area Give up loss on the previous swing.
Horizontal line ranges on 4MACD indicator
USD/CHF (zero.00060; -0.00060);
GBP/USD EUR/USD AUD/USD (0.00080- (0.00080).
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