557# Double Fx

Submit by Boris 23/12/2016

Double Fx is scalping trading system high frequency trading (HFT) based on bollinger bands and support/resistance. This trading system is also applicable to trading with binary options high/low. This is a complex strategy for advanced traders.

Time frame 1 min , 5min but this setting is for 5 minutes. 

Expiry time 2 -3 candles.

Metatrader Indicators

Bands(20, 2.5),

Esignals (20, 0, 2.5),

Zone tf 5 min

Bands (20,3),

Dots MMS V.1 (buy, sell),

Trend direction force index 3 period current time frame,

Trend direction force index 24 period current time frame,

CCI period 100,

Sonic PVA Volume,

Similar r fx MTN,

Trend direction force index 10 period current time frame,

Trend direction force index 5 period current time frame,

OBV indicator,

Trading Rules Double Fx

This template is suitable for trading based on support and resistance but also is trend following. Here, I show how to work on SR.

This trading system is great on the side ways markets.

Buy

Esignals buy arrow confirmed by

the price that touches or broken the gold dot line of the lower band of bb (20, 3), and that the price bounces also on the static support.

Sell

Esignals sell arrow confirmed by

the price that touches or broken the gold dot line of the upper band (20, 3), and that the price bounces also on the staticresistence.

The key to this system is the double verification: BB (2, 30) and support zones / static resistance.

Exit position with fast profit target, place initial stop loss above/below the bands.

In the pictures Double Fx in action.

Share your opinion, can help everyone to understand the forex strategy