This strategy is based on Parabolic SAR and
Commodity Channel Index indicator. That's strategy
impulse scalping is founded on current price trends.
Tools: EURUSD, AUDUSD, GBPUSD.
Timeframe: M1, M5.
indicator:
1. EMA50 on time frame M1
2. EMA21 on time frame M5
3. CCl (45).
4. Parabolic Sar (0.02, 0.2)
Long positions must be opened when the indicator point
Parabolic SAR is located above the EMA line and value
CCL indicator is more than 100.
Short positions must be opened when the indicator point
Parabolic SAR is located below the EMA line and value
CCl indicator is less than 100.
Exit point:
Targets: EURUSD (7-12 points), AUDUSD (5-8 points),
GBPUSD (7-15 points).
Stop Loss level must be placed at the EMA level.
Commodity Channel Index indicator. That's strategy
impulse scalping is founded on current price trends.
Tools: EURUSD, AUDUSD, GBPUSD.
Timeframe: M1, M5.
indicator:
1. EMA50 on time frame M1
2. EMA21 on time frame M5
3. CCl (45).
4. Parabolic Sar (0.02, 0.2)
Long positions must be opened when the indicator point
Parabolic SAR is located above the EMA line and value
CCL indicator is more than 100.
Short positions must be opened when the indicator point
Parabolic SAR is located below the EMA line and value
CCl indicator is less than 100.
Exit point:
Targets: EURUSD (7-12 points), AUDUSD (5-8 points),
GBPUSD (7-15 points).
Stop Loss level must be placed at the EMA level.