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You are here: Home / SYSTEMS / Forex Scalping Strategies / Absolute Strenght Scalping

Absolute Strenght Scalping

February 20, 2015 By Hung Vu Leave a 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 entry candle.

Download
AbsoluteStrength_v1.1_mtf
AbsoluteStrength_v1.1_mtf.rar
compressed file archive [2.2 KB]
Download

Filed Under: Forex Scalping Strategies Tagged With: currency pairs, Indicator, indicators, MACD, Profit, Target Profit

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