Scalping on BAMBONI
Scalping Forex Strategy on BAMBONI
Scalping Forex Strategy on BAMBONI - a very interesting vehicle for currency pairs: GBP / USD, EUR / USD, the trader offered Bamboni (Bamboni), who has kindly agreed to share the strategy with the readers of this blog (for which I am personally very grateful to him) because he earns a good profit on it and being stable!
Recommended Timeframe - M15.
In forex strategy forex indicators are as follows: Paramon Scalp, Fisher Yur4ik, EAsctrend using i_trend, Signal Bars 6 (additional forex indicator - information - on the screen is on the right above), Fractals (as an additional indicator) , a simple moving average SMA (100) - a range of 100, shift 0, applied to a close, as well as a simple moving average SMA (200) - range - 200, shift 0, applied to a close.
Entering the market for sale at a forex strategy Scalping on BAMBONI:
1) Price crosses the 100 day MA - SMA (100). The next bar after the breakout, closed below this 100 day MA.
2) The display EAtrend red line crossed the green from the bottom up.
3) If the 100 day moving average is above 200 day MA, then wait for breaking 200-day MA and the closure of the next bar below the SMA (200).
4) Exit the transaction - the indicator Fisher Yur4ik, when it changes its color to the opposite.
to zoom - click on it to open in a new window!
Entering the market to buy at the strategies forex Scalping on BAMBONI:
1) The price breaks the SMA (200) - 200 day moving average. Should wait after breaking the middle, next bar close above this moving average.
2) on the indicator EAtrend - green line crosses the red bottom-up . After doing these 2 conditions, we enter into the market to buy.
3) If the 200-day moving average is above the 100 day MA (ie, the trend is down), then waiting for the return crossing medium and the bar close above the SMA (200).
3) Exit the transaction producing the signals of the indicator Fisher Yur4ik - close the deal as soon as the indicator changes its color to the opposite (in this case in red).
Stop-loss for all transactions : the purchase and sale of - 25 pips. Trailing stop-losses for all positions 25-35 points.
1) should not enter into a transaction if the price breakout near the moving average Moving converge at a converging triangle.
2) As an additional signal, can be added to the chart indicator forex Jimb (when crossed, as it provides an additional signal)
If possible, it can take 15-20 pips on the indicator Paramon Scalp:
stop loss of 15 points
Entering the market - on the chart appear in two horizontal lines above and below this minimum and maximum current trading day. Set the pending orders to Sell at least the opening day and a warrant for the Buy to the maximum opening day. We look forward to breaking through.
Profit 15 - 20 points (as the author on the history, gives good results)