12# Supports and Resistances Dynamics
Supports and Resistances scalp
Submit by ForexStrategiesresources
This is an dynamic breakout forex system. The advantage of this system is good earnings in trending market and less drawdown.
Pairs:Major
Time frame: 15M.
Spread max:0,0001.
“The Supports and Resistances Dynamics ” method scalps pips when price breaks through major support and resistance. There is always an opportunity to grab at least a few pips and on some occasions catch a runner.
Indicators:
support and resistance dynamics (dyn_r_s).
Entry position: Wait for the m15 candle to close. Enter long 1 pip above the red dot of the closed candle and short 1 pip below the blue dot of that candle. You should use pending orders to ensure you enter at the correct price. Pending orders are valid until they are triggered or until another dot appears on an m15 candle.
Profit Exit: 8 pips (EUR/USD), 7 pips (AUD,USD, USD/JPY), 9 pips (GBP/USD).
Loss Exit: stop loss on high/low setup bar and the settings set a break even as we gain 5 pips.
Share your opinion, can help everyone to understand the forex strategy.
Support and resistance dynamics
Support and Resistance Forex Strategies
4# Simple Support and Resistance Strategy - Forex Strategies ...
36# Tutorial Support and Resistance - Forex Strategies - Forex ...
5# Support and Resistance important or psycho level - Forex ...
23# Fibnacci Support and Resistence - Forex Strategies - Forex ...
12# SRDC Method Level III - Forex Strategies - Forex Resources ...
9# SRDC Method Level I - Forex Strategies - Forex Resources ...
11# SRDC Method Level II with Fibo - Forex Strategies - Forex ...
8# Fibonacci Fan - Forex Strategies - Forex Resources - Forex ...
37# Trade Zone Tutorial - Forex Strategies - Forex Resources ...
ivan (Thursday, 28 May 2015 12:11)
what settings do you use on indicator?
Thanks.
Regards,
Ivan
Busayo (Tuesday, 09 December 2014 01:11)
Please could you teach me how set up the trading system(s) unto my metatrader software?
Andy Fx (Wednesday, 19 September 2012 00:33)
I use the same method but manual, nice to have the indicator :D and by the way its the most profitable and stressless system out there!