606# OMA Channel Scalping Strategy
Oma Channel with Traders Dynamic Index
Price action bounce scalping strategy
Submit by LeonFX
Oma Channel Scalping Strategy is a trading system based on OMA Channel and price action. This is a high frequency trading strategy.
Currency pairs: Majors with low spreads
Timeframe: M1 or 5 min
Trading time: America, Europe
Excellent strategy for real gain. Possible winning strategy.
Metatrader Indicators
TTM Scalper
Heiken Ashi
Average Daily Range
Murrey Math Indicator
PA Dynamic explorer
Oma Channel
Traders dynamic Index
Strategy rules OMA Channel Scalping Strategy:
Buy
1. The price at the level of Murray or the level of the indicator ADR (bounced)
2. Wait that It's forms of a yellow rectangle (TTM Scalper)
3. TrendStrength indicator OMA Channel painted a green or blue arrow.
4. Heiken ashi became white
5. PA Dynamic became green
6. The green TDI line crossed red from the bottom up and they are under the yellow (ideally near the blue channel).
Sell
1. The price at the level of Murray or the level of the indicator ADR (bounced)
2. Wait that It's forms of a green rectangle (TTM Scalper)
3. TrendStrength indicator OMA Channel painted a red or purple arrow.
4. Heiken ashi became red
5. PA Dynamic turned red
6. The green TDI line crossed red from top to bottom and they are above the yellow (ideally near the blue channel).
Stoploss and TakeProfit:
Goals we take from 5 points and above.
Initial stop loss at the previous swing high/low
In the pictures Oma Channel Scalping Strategy in action.
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