Submit With the aid of Nikolovic 31/08/2013
That is an trend following Scalping System multitime body based on the parabolic Sar indicator. The fundamental function of this manner is the fast exit position. Listed here are the setting for 15 min period of time. But the technique works additionally extra better time frame.
Time Frame 15 min.
Foreign money pair:great.
Indicator (Purchase Sell Magic:
Crimson arrow- SELL sign
Green arrow – BUY signal. Environment sign length four ).
Parabolic Sar MTF:
time period 15 min setting parabolic Sar MTF indicator60 min;
period of time 30-60 min surroundings parabolic Sar MTF 240 min;
period of time 240 min environment parabolic Sar MTF 1440 min ,on daily basis.
Trading Guidelines for: MTF Parabolic Sar indicator Currency trading Scalping Procedure
The Purchase Promote Magic generates trades when it paints arrows.
Long trades happen when the “Purchase Promote Magic” displays a GREEN
Brief trades occur when the “Purchase Sell Magic” presentations a RED.
Purchase Sell Magic green Arrow and Parabolic Sar paints dots aqua less than the bars.
Purchase Promote Magic Crimson Arrow and Parabolic Sar paints dots aqua below the bars.
Immediate Income Target:
Aud/USD 7 pips +spread;
EUR/USD 9 pips +unfold;
GBP/USD eleven pips + unfold.
Initial End Loss on the earlier swing,
after 6 pips in acquire for AUD/USD circulation cease los at the entry point;
after 7 pips in attain for EUR/USD circulate cease loss at the entry element;
after 9 pips in gain for GBP/USD circulation quit loss at the entry aspect.