Mobile strategy Scalping Momentum Mobile Is a scalping and intraday trading system. Signals are generated by pulse indicators. For maximum filtering, it is recommended to confirm them on timeframes +1 to the current one.
Scalping Momentum Mobile strategy is suitable for volatile currency pairs, VIX, gold and indices.
- Currency pairs: any with a low spread and high volatility
- Timeframe: М5-М30
- Trading time: any
- Risk management: choose such a lot size that the risk is no more than 2-5% of the deposit per trade
- Bollinger Band (20, deviation 2.0)
- Relative Strength Index (14, close)
- Stochastic Oscillator (5, 5.5, close)
- MACD (12, 26, 9)
The graph should look like this:
Signals indicating the opening of a buy position
- Stochastic (blue line) should reach level 20;
- RSI (black line) should reach 30 level;
- the MACD histogram forms a bottom;
- the price should touch the lower Bollinger band.
Signals indicating the opening of a sell position
- Stochastic (blue line) should reach level 80;
- RSI (black line) should reach the 70 level;
- the MACD histogram forms a peak;
- the price should touch the upper Bollinger band.
Setting stop loss and take profit
- stop loss is set above / below the previous local high / low;
- take profit is set at a ratio of 1.5: 1 to stop loss or at the middle or opposite Bollinger band.
Before use mobile strategy for scalping and intraday trading Scalping Momentum Mobile on a real deposit, we recommend testing it on a demo account.
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