481# DSS Scalping
DSS Bressert indicator scalping
Submit by James 31/08/2015
DSS Scalping is a trend-momentum with price action strategy. This system works intraday but is good also for swing trading and the Binary Options high/low.
Time frame 5 min or higher.
Financial markets: Forex, Indices and commodities ( for trading with Commodities time frame 30 min or higher).
For binary options high/low expiry time 4-6 candles.
Metatrader indicators:
ATR MA Bands (50 period, 50 ATR, ATR factor 2.0);
De Mark Trend line trader (optional but recommended);
Support and Resistance,
DSS Indicator ( 8, 13),
Forex Filter,
Buy
Price above resistance,
Filter green bar,
DSS scalping aqua color,
The price Broken upward the trend line (optional).
Sell
Price below rsupport,
Filter red bar,
DSS scalping red color,
The price broken downward the trend line (optional).
Exit position
-
At the targets of the Demark Trend line trader.
-
With profit target predetermined ( ratio 1.2 stop loss).
-
Initial stop loss at the previous swing.
Note : you can also use an arrow indicator.
In the pictures DSS Scalping in action.
Share your opinion, can help everyone to understand the forex strategy
Write a comment
Frank (Tuesday, 14 May 2019 17:49)
Good system yeh!! Thanks!