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NPBFX Limited
Broj poruka : 29
Points : 261
Date of Entry : 2017-03-18
Godina : 47
https://goo.gl/ht3Kb8

Strategy "Scalping with use of Parabolic Sar + CCI"

on Sun Jun 11, 2017 9:48 am
Recommended timeframes M1
This strategy is based on Parabolic Sar and Commodities Channel Index indicators. That's an impulse scalping strategy founded on the current price trend.

Tools: EURUSD, AUDUSD, GBPUSD.

Тime-frames: M1, M5.

Indicators:
EMA50  on M1 time-frame
EMA21 on M5 time-frame
CCI (45).
Parabolic Sar (0.02, 0.2)

Long positions should be opened when the point of the Parabolic Sar indicator is located above the EMA's line and the value of the CCI indicator is more than 100.

Short positions should be opened when the point of the Parabolic Sar indicator is located below the EMA's line and the value of the CCI indicator is less than 100.

Exit point:
Target: EURUSD (7-12 points), AUDUSD (5-8 points), GBPUSD (7-15 points).
Stop Loss level should be placed at the EMA level.

Buy


Sell


Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.
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