684# JMO Jaima 5 min Scalping
Jma Jaima crossover.
Scalping Indicator with Williams% range as filter of JMO Jaima.
Submit by Maximo Trader
JMO Jaima 5 min Scalping is a trading system base on Jma Indicator crossover filtered by momentum indicator as William% Range. Also if this trading system was created for forex scalping and day trading the strategy works very well on all time frames. JMO Jaima 5 min Scalping is very precise and has a high profitability beyond all expectations.
The idea of the trading system is very basic a crossover of smoothed moving averages mathematically filtered by momentum indicators to search for the best possible timing for market entry.
Time frame 5 min or higher.
Currency pairs: Majors, Minoir, Indices.
Trading Sessions: any.
Metatrader 4 indicators:
Main Chart
JMO Jaima period fast 20, period slow 200, off set -1 JMA fast.
Pivots points levels.
Below of the main chart
Volume Bar optional
William's% Range 80 periods, with moving average 34 period.
Scalping indicator default setting.
Trading rules JMO Jaima 5 min Scalping
Buy
JMO Jaima crosses upward.
William's % Range crossses upward movinmg average.
Scalping indicator green bar.
Sell
JMO Jaima crosses upward.
William's % Range crossses downward moving average.
Scalping indicator red bar.
Exit position options:
Place initial stop loss below/above the previous swing high /low
At the levels of pivots points.
Ratio stop loss minimum 1:1.
In the pictures JMO Jaima 5 min Scalping in action.
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