Hi Everybody
I would like to talk with you guys my moderate trading system that gives me an excellent success.
It's basiclly a good and easy scalping system that's based on MA,MACD and Bollinger bands,additionally pivot lines.
The set up:
On 1 min chart:
include: 20 EMA(reddish ),62EMA (yellowish ) and 57 SMA(blue),additionally add 57 bollinger bands(the middle line make it colourless)
MACD:20,62,57
On 5 min chart:
Please add the samethings on min 1chart
The rules:
I have been trading with this particular system about 8 months and gives me a massive success,I can grab 50-100 pips daily, just you have to follow the principles with no neglect,it's very significant like every other trading egies
Lon principle: On 1 min chart for going long, 20ema should cut both 62 and 57,for upward tendency also the 62 must be over 57 sma.If 20 ema suddenly cuts through the ma,there'll be a pull back and the price ought to travel on 57 at least 5-10 minutes,the longer it stays above 57 the greater,also please consider the MACD,it also provides you ancient signals.So in the first cut don't enter for long,await the price to return to 57 and await a service and than you enter long and get assistance with all the pivot outlines for TPS.
Additionally use 57 bollinger bands for TP.
At precisely the exact same time watch 5 min chart, on this chart if 20 again cuts through both ma,guys this means trend is powerful.
Short principle:
going short is the opposite of going long,very straight ahead.
This program provides you trend strengh as well, such as if 62 somehow goes below 57 during the uptrend this means,trend is slowing and get assistance from the pivot lines,this sign is important.
Simply follow the 20,62,57,you'll be amazed with great signals.
MAIN RULE: THE PRICE MUST TRAVEL OR BOUNCE BACK OR UP FROM 57 SMA AND GET THE TREND CONFIRMATION FROM MACD.
THIS IS IT GUYS.
TRY IT AND LET ME KNOW YOUR Outcomes.
Thank you
Any questions,please Allow Me to know