Monday, May 9, 2016

Absolute Strength Scalping

onlineblogger 1 Comment

Time Frame 1 min.
Currency pairs: majors.
Indicators:
9EMA, 21EMA, 50EMA,
Stochastic Cross alert,
Absolute Strenght,
MACD (default)
Rules:
Entry Short:
1. MA 9 below the MA 21 and both of them has to be below MA 50
2. MACD down
3. After Stochastic cross Arrow ( down ) the brown Absolute…. indicator has to cross up.
EntryLong:
1. MA 9 above the MA 21 and both of them has to be above MA 50
2. MACD up
3. After Stochastic cross Arrow ( up ) the blue Absolute…. indicator has to cross up.
10 pip Target Profit and the Stop Loss 5 pips below the entrycandle.

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