good day everybody!
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!
Connected Picture (click on to enlarge)