VKW Bands Modified Scalping Method

Intro VKW Bands

Procedure concep t : VKW Bands have been developed with the aid of Volker Knapp

VKW Bands make incredible vogue-following resources

within the FX market.

This process makes use of right here VKW Band calculations: 1) divide a 104-day look-again period into two

segments of 52 days; 2) choose the easiest excessive and the lowest low of each and every 52-day length; 3) calculate

a two-duration weighted transferring overall of the two the best highs and lowest lows.

These calculations create upper and scale down bands supposed to identify lengthy-term price extre m e s .

When a market exceeds these extremes, the procedure assumes there can be a much better hazard of catching a continuation fashion circulation than a correction or reversal. After a band is penetrated and a trade is entered, the alternative band acts as the exit factor. However, the process doesn’t simultaneously

reverse situation when a cease is hit; it waits for a “recent” signal to enterthe market back.

VK Bands Modified Scalping Manner

Time Frame 15 min

Foreign money pairs any;

Indications:

VK Bands Modified;

arrows;

Go lengthy when seems buy arrow and line white VKW Bands is above higher VK Band blue.

Go Short when appears to be like Sell arrow and line white VKW Bands is under diminish bands VKW Band crimson.

Exit:

1 when VKWBands come lower back into zone between line blue and purple (flat vicinity);

2 At contrary arrow;