585# 5 min scalping with Laguerre

Submit by FreddyFx 06/2017

5 min scalping with Laguerre is a momentum system based on Laguerre ACS and a Momentum indicator as filter. This strategy based on the momentum may sometimes be against the trend.

Do not have open positions before the news.

Session of trading: all.

Time Frame 5 min.

Currency pairs: GBP/USD, EUR/USD, USD/JPY, GBP/JPY.

Metatrader Indicators

Slope 16 period.

Laguerre gamma 0.6 levels: 0.9 -0.1,

Momentum Indicator 12 period.

Trading Rules 5 min scalping with multipositions

The positions are close at next opposite signal or with profit target.

Buy

Laguerre ACS is above of 0.1 level from the bottom.

Momentum histogram above 0 zero level.

Close position at the next opposite signal or with profit target 10 pips.

Place initial stop loss of 12 pips.

Sell

Laguerre ACS is below of 0.9 level from the top.

Momentum histogram below 0 zero level.

Close  position at the next opposite signal or with profit target 10 pips.

Initial stop loss of 12 pips.

You can apply this slow progression martingala. positions:

0.01, 0.01, 0.02, 0.02, 0.03, 0.03, 0.04, 0.04, 0.05 0.05, 0.06 0.06, 0.07, 0.07.

This is a winning forex strategy.

Tips: during the Tokyo session, decrease the profit target.

In the pictures 5 min scalping with Laguerre in action.

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