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Forex Scalping Strategy With Bollinger Bands

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 […]

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DeMarker Metatrader 4 Indicator

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 […]

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MACD Trend Candles V3 Metatrader 4 Indicator

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 […]

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Fractal Dimension Metatrader 4 Indicator

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 Example

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