194# High/Low Scalping
Channel trading with Mosca alerts
Submit by Feliks 21/09/2016
High / Low Scalping is a trading technique based on Superchannel indicator and mosca aletrs.. This strategy also applies to are trading binary options with high / low.
Time frame 5 min or higher
Currency pairs:any.
Expiry time for binary options high/low 3 candles.
Metatrader Indicators:
Super signals 1;
Mosca alerts this version have many features as the filters.
Trading Rules High/Low Scalping
Buy
When appears the green arrow of super channel indicator,
wait the green arrow of mosca alert.
Sell
When appears the red arrow of super channel indicator,
wait the red arrow of mosca alert.
Exit position
Exit at opposite arrow of Mosc alert or
you can use an profit target predetermined (example 5 min 7-12 pips, 15 min 10-18 pips 30 min 15-22 pips, 60 min 20-30 pips).
Place initial stop loss on the prevkiouis swing.
In this strategy you can use for martingale money management, Martingala risk 1.5 to 2.0. (2) 2-4-8-16-32-64-128.
This strategy works well in lateral markets, most false signals in trending markets.
In the pictures High/Low Scalping in action.
Share your opinion, can help everyone to understand the forex strategy
|
|
|
|
|
|
|
|
|
|
Write a comment