356# Stocycle Scalping System
Cycle Scalping system
Submit by joy22 25/06/2013
Time Frame 15 min or higher.
Currency pairs:any.
Stocycle Scalping System is forex scalping system trend following based on two indicators:
Trend indicator: I-High Low Middle indicator.
Cycle indicator: Stocycle indicator.
Rules:Stocycle Scalping System
Buy conditions:
1) Stocycle indicator disc dogerblu;
2) The price is above green line of I-High Low Midlle indicator.
Sell conditions:
1) Stocycle indicator disc pink;
2) The price is below green line of I-High Low Midlle indicator.
Exit position option:
Profit Target predetermined by Time Frame, or ratio 1:1 stop loss. (exmple if stop loss is 10 pips profit target is 10 pips)
Place Stop loss 3 pips above or below entry bar.
Profit Target predetermined examples:
Time Frame 15 min: EUR/USD 8 pips, GBP/USD 10 pips AUD/USD 7 pips, USD/CHF 7 pips;
Time Frame 30 min: EUR/USD 11 pips, GBP/USD 14 pips AUD/USD 10 pips, USD/CHF 10 pips;
Time Frame 60 min: EUR/USD 14 pips, GBP/USD 16 pips AUD/USD 12 pips, USD/CHF 12 pips;
Time Frame 240 min: EUR/USD 16 pips, GBP/USD 18 pips AUD/USD 14 pips, USD/CHF 14 pips;
Time Frame Daily : EUR/USD 35 pips, GBP/USD 40 pips AUD/USD 35 pips, USD/CHF 35 pips.
This Scalping System is good also for traading in Binary options High/low and Touch point see more.
In the pictures below Stocycle forex scalping system in action: two examples AUDUSD 30 and NZD H1.
Stocycle Scalping System
Share your opinion, can help everyone to understand the forex strategy.
Trend indicator: I-High Low Middle indicator.
Cycle indicato: Stocycle indicator.
roberto (Thursday, 02 November 2017 10:33)
I llike the system.
Would it be possible to have a sound alert on the "Stocycle" indicator?
Hieu (Friday, 08 April 2016 01:49)
Hey Tony , What is your setting for this system ?
Tony (Tuesday, 16 June 2015 03:06)
Hello. Is soneone still using this strategy? It has been kinda working fine but i would like to discuss better options or setups to try to make it more accurate and also increase the risk:reward.