15 min Contrarian Scalping

656# Counter Trend Strategy

Contrarian Forex Strategy.

15 min Contrarian Scalping is an forex strategy Contrarian or counter-trend the advantage of these forex strategies is a good profitability but with do not great gain. 15 min Contrarian Scalping is an forex strategy Contrarian or counter-trend the advantage of these forex strategies is a good profitability but with do not great gain. Submit by Danny 16/10/ Counter Trend Strategy is a contrarian trading system based on Forex Milionaire indicator filterd. Here there are three system Here I filtered forex milionaire in three ways. The first with Trend Half a trend following indicator fast. The second with the indicator Step Ma, the third with indicators of strength and trend-mometum (Williams' Percent Range, and RSX CFB).

First Template metatrader Forex Milionaire with Half Trend

Dec 12,  · I discuss the methods I used, which consisted of discretionary stop-losses and counter-trend trading. Subsequently having changed to MB Trading from Oanda, scalping actively to take advantage of their ‘Pay for Limits’ program.

If the bands of the Bollinger Bands indicator squeezes along with price trading around the red dotted horizontal line of the support and resistance- Ac custom indicator as depicted on Fig. If the MACD custom indicator forms green histograms that are aligned above the 0. If price trades along the upper outer band of the Bollinger Bands, it is a trigger to buy the designated forex pair.

If price shows some resistance along the blue dotted horizontal line, it is indicative of a possible bearish reversal i. If the MACD custom indicator displays a green histogram below the 0. If the Bollinger Bands contracts, it is a signal that spells decreasing volatility, as such an exit or take profit will suffice.

Sell Entry Rules Enter a sell order if the following holds sway: If the bands of the Bollinger Bands indicator squeezes along with price trading around the blue dotted horizontal line of the support and resistance- Ac custom indicator as see Fig. If the MACD custom indicator forms green histograms that are aligned below the 0.

If price trades along the lower outer band of the Bollinger Bands, it is a trigger to go short on the currency pair of interest. If price shows some resistance along the red dotted horizontal line, it is indicative of a possible bullish reversal i.

If the MACD custom indicator readjust to form a green histogram above the 0. The Best Time frame is 15 min. Metatrader indicator for buit the metatrader templates: Half Trend, up trend aqua line color, dow trend red color. All indicators are with default setting. Forex Milionaire buy alert confirmed by Half Trend aqua line. Forex Milionaire Sell alert confirmed by Half Trend red line.

Forex Milionaire buy alert confirmed by Step MA arrow buy. Forex Milionaire buy alert confirmed by Step MA arrow sell. Exit position with predetermined profit target pips depends by currency pairs. Initial stop loss 20 pips after 11 pips in gain move stop loss at the entry point. In markets with high volatility the best solution is the first template because Half Trend is fast enough.

In markets with low volatility the best solution is the third template because oscillators interpret better the small movements. Kiijun Tencan 9,26, 3, 3. TP 12 20 pips, but yo can also us ATR stop for exit.

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Forex Milionare filtered

Forex Milionaire buy alert confirmed by Step MA arrow sell.

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