42# Scalping Velocity Market Trading System

Submit by joy22

Trade Session: London and NewYork

Time frame 5 min or range bars 5 pips

Metatrader Indicators:

SSTCalc Long

SSTCalc Short

Rebellion Evolution

Long Entry:

When appears arrow SSTCalc Long confirmed by De monyuk green.

Short Entry

When appears arrow SSTCalc Short confirmed by De monyuk red.

Not Entry

When appears two leve stop on same bar

Stop Loss is indicated by indicators SSTCalc Long and SSTCalcShort with arrow. To place 2 pips below or above arrows.

Target Profit :first option is indicated by indicators SSTCalc Long and SST Calc Short with 3 arrows that indicate three target.

second option, EUR/USD 8 pips, AUD/USD 6 pips, GBP/USD 10 pips.

Scalping Velocity Market

Update 22/12/2019

These Nepticks indicators that are many years old at the time made us dream. I remember that on the internet there were many looking for these codes, suffering that they were the Saint Grail, but it wasn't because these indicators were only suitable in extremely volatile markets. Today I have resolved an old unresolved question to find a suitable filter for these indicators, which Nepticks has also renounced. The result is excellent, the idea came from system cobra which uses a similar filter which in this case has proved to be excellent in filtering the early signals generated by SST calc long and SST calc short. This trading system is a winner.

Filter is composed by three moving average 50 period (high, low and close).

Trading Rules

Conditions of buy

Price closes above the middle band.

The bands are green in color.

MACD's histogram is green.

When these conditions are met, execute the purchase orders reported by the system.

Profit in relation to market volatility (normally 1 TP and 2 TP).

Stop loss follow the move stop loss of the system.

Conditions of sell

Price closes below the middle band.

The bands are red in color.

MACD's histogram is red.

When these conditions are met, execute the sell orders reported by the system.

Profit in relation to market volatility (normally 1 TP and 2 TP).

Stop loss follow the move stop loss of the system.

How profit you can go with even for a few 3-5 pips depends by money management.

Note: The trading system is very fast to place pending orders as soon as the conditions are met.

I have tested this system with range bars, the result was excellent.

The filter in this case is powerful.

See examples.

Nepticks update 19/12/2019

Nepticks SST calc Long, SST calc Short.r

compressed file archive 207.2 KB

Download

Range Bar

Range Bar.rar

compressed file archive 53.8 KB

Download

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Comments: 3

#1
Luiz (Monday, 23 December 2019 15:39)

Hi,

How you are using the Range Bar?
What is the sets of the Range Bars?
#2
Palesa (Wednesday, 01 January 2020 08:36)

thank you for sharing your work with us.
#3
Samuel (Thursday, 05 September 2024 15:12)

Great indicator Strategy this site is the best forex resources. Thanks!