476# Dibs Trading System
Support and Resistance with moving average
Submit with Leon 29/07/2015
Dibs trading system is a complex trend following system with price action entry. Tool support is CCI Nuf.
Time Frame 5 min, 15 min or higher.
Currency markets: Forex, Commodities, Indicies.
Metatrader Indicators:
CCI Nuf 14 period,
Dibs V.1,
TMA Bands,
Moving Average 200,
TMA with distance (set current time frame ,
H paint par.
Trading rules
Trades only in the direction of the trend.
Tips:Find the best conditions of the markets!!!
Buy conditions:
MA 200 below Dibs (magenta line support/resistance),
Price above Dibs,
Paint bar green,
CCI Nuf Blue and green bar.
Do not entry above the upper TMA band.
Sell conditions:
MA 200 below Dibs (magenta line support/resistance),
Price above Dibs,
Paint bar green,
CCI Nuf Blue and green bar.
Do not entry below the lower TMA band.
Make profit at the levels of tma Bands.
Place intial stop loss 15 pips below (Dibs line -15 min time frame-).
This scalping system is also good for trading with Binary options high/low.
Exipiry time 3-4 candles.
In the pictures Dibs Trading System.
Share your opinion, can help everyone to understand the forex strategy
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sergej (Friday, 30 December 2016 22:31)
The description of the trading system is wrong: there are the same rules for buy conditions and sell conditions.