Scalping the GBP/USD and EUR/USD 5 min trading charts with Bollinger Bands. This strategy works best in a range-bound market environment characterized by almost flat horizontally aligned Bollinger Bands. Scalping Setup Indicators: Bollinger Bands with default 20,2 settings Preferred time frame(s): 5 min Trading sessions: EUR, US Preferred Currency pairs: GBP/USD, EUR/USD Download Download the […]Continue reading
DeMarker MT4 indicator oscillates between 0 and 1. Indicator readings above 0.7 suggest overbought levels. Readings below 0.3 suggest oversold levels. Trading Signals BUY: In uptrends: Wait for the indicator to turn back above 0.3 from below. SELL: In downtrends: Wait for the indicator to turn back below 0.7 from above. Use in conjunction with […]Continue reading
The Stochastic Expansion indicator is a modificated version of the well know Stochastic Oscillator. It is being used to identify oversold and overbought levels. Trading Signals BUY: In uptrends: Wait for the blue line to cross above the 0 level. SELL: In downtrends: Wait for the red line to cross below the 0 level. Use […]Continue reading
The MACD Trend Candles indicator identifies strong and weak trends and helps you to get quickly in and out trades. Light green candles represent strong bullish trends. Red candles represent strong bearish trends. Dark green and dark red candles represent a flat (ranging) market. This indicator works well for all time frame’s and all curreny […]Continue reading
The Fractal Dimension indicator for Metatrader 4 identifies both ranging and trending markets. Indicator readings above 1.5 suggest ranging (flat) markets. Indicator readings below 1.5 suggest trending markets. Use in conjunction with other indicators or analysis tools to built a complete trading system. Download Download the Fractal Dimension Metatrader 4 indicator. EUR/USD Daily Chart ExampleContinue reading
This Incredible High Win Forex Scalping Strategy Will Trigger Only When There Is An Extremely High Chance Of A New Profitable Low Risk Trade To Take Place.
What are you waiting for? Start making pips today: