- December 7, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
I wish to share with you my scalping technique based mostly on Range Bars chart, value motion and some indicators 🙂 all the things is easy and simple - we search for pattern reversal patterns on the tops and bottoms 🙂 the best patterns to search out and probably the most highly effective ones are hammers and taking pictures stars - they work the perfect 😉 most of them are detected by my modified indicator based mostly on japanese candlesticks, so you will not have an issue with discovering them on the chart 😉 use some PA strategies to extend its accuracy - SR ranges, SD zones, pattern strains, HH, HL, LL, LH - it is as much as you 🙂
I am sharing this as a result of I wish to enhance this technique just a little bit, by including a superb and fairly correct pattern indicator - as a result of the entire system might be a a type of "no brainers" and I imagine that collectively we will do that 😉 generally PA isn't sufficient for Range Bars chart, so why do not make it simpler to commerce? 🙂
ALL INDICATORS USED IN THIS STRATEGY DON'T REPAINTÂ
IMPORTANT:Â it's essential place "Range Bars" file inside "MQL4 Indicators" folder - *.dll file goes to "MQL4 Libraries" folder!
RULES:
- set Range Bars chart at 3 pips
- search for pattern reversal patterns at overbought and oversold zones (OBOS indicator)
- SL & TP = 10 pips (transfer SL to BE+2 after 5 pips revenue)
- finest time to commerce - EU session
get pleasure from!
How useful was this post?
Click on a star to rate it!
Average rating 0 / 5. Vote count: 0
No votes so far! Be the first to rate this post.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?