215# Magnum Scalping V.3
Reversal Trend Scalping
Stochastic Buy and Sell Trading System
Submit by Robert 07/2017
Magnum Scalping V.3 is an improvement of this reversal trend strategy. This new version has a new arrow that not repaint with also an other support and resistance indicator. This trading system is for trading with binary options high/low or for scalping. This new version is more stable that the previous.
Time frame 5 min or 15 min (recommended).
Currency pairs: majors.
Expiry time 4 candles.
Metatrader Indicators:
PL Candle time
Vline 1.1
Indicator for invertir Mejor
Support RTF (14 period fractal)
Stochastic Buy Sell Arrow ( 5,3,3 with level 80 – 20).
Trading rules Magnum Scalping V.3
Buy or Call
When the price close out the lower band or touches the lower band wait that on forms support dot line and appears Stochastic sell arrow.
Exit for scalping
Place initial stop loss 5 pips below support line.
Make profit at the opposite arrow or with profit target of 8-15 pips.
Sell or Put
When the price close out the upper band or touches the upper band wait that on forms resistance dot line and appears Stochastic sell arrow.
Exit for scalping
Place initial stop loss 5 pips above resistance line.
Make profit at the opposite arrow or with profit target of 8-15 pips.
In the pictures Magnum Scalping V.3 in action.
Share your opinion, can help everyone to understand the forex strategy.
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