213# Guppy MA with Supply and Demand Index
Guppy MA filtered by Supply and Demand Index.
Trading system for entry on the retracement.
Submit by Haki 07/2017
Guppy MA with Supply and Demand Index is a trend following system filtered by Supply and Demand Index (Support and Resistance areas).
The pourpose of this trading system is trading on the retracement.
This trading system is for trading with binary options or for scalping.
Time Frame 1 min or higher.
Currency pairs for Binary options any. Currency pairs for Scalping: majors with low spread.
Expiry time 3 candles.
Metatrader Indicators:
Pivot points levels,
Round Numbers,
Supply Demand index (areas of support and resistance),
Fractals,
Moving average 50, close.
Moving average 34, 34, close,
Fan (moving averages),
60 sec t1 (dot for entry).
Double woody CCI: CCI 21 period, TCCI 14 period, LSMA 25 period, trend 5.
Trading rules for Guppy MA with Supply and Demand Index
Buy
Conditions:
Price above the Support area,
Fan above 34 and 50 MA,
35 MA > 50 MA,
CCI green square.
Entry when appears the dot and at the same time the price retraces on 34 or 50 MA.
Sell
Conditions:
Price below the resistance area,
Fan below 34 and 50 MA,
35 MA < 50 MA,
CCI red square.
Entry when appears the dot and at the same time the price retraces on 34 or 50 MA.
Exit for scalping
Place initial stop loss on the previous high/low swing.
Make profit at the pivot points levels or at the round numbers.
In the pictures Guppy MA with Supply and Demand Index in action.
Share your opinion, can help everyone to understand the forex strategy.
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