Scalping Strategy Envelope with Bolliner Bands

Scalping Strategy Envelope with Bolliner Bands uses s ADX, Bollinger Bands and Envelope indicators. The purpose of this strategy is based on searching new trends and following them. For the new trend determination, Bollinger Bands and Envelopes indicators are used. For the trend strength determination, ADX indicator is used. The strategy works for different currency pairs and short timeframes.
BUY signal:
The BUY signal occurs when the following signals take place:
The candle is closed, and its Low price is above both Envelope lines and Bollinger Bands middle line.
The High price is above Bollinger Bands top line.
ADX line value is higher than 30 but lower than 50 which means that the trend is powerful enough but is not exhausted.
ADX indicator +DI line is above –DI line which means that the upward movement has strength. When all signals take place, this strategy opens a long position with the corresponding trailing stop and take profit. A long position will be closed by take profit or trailing stop, or if the current price is below at least one of the Envelope lines or the Bollinger Bands middle line.
Scalping Strategy Envelope with Bolliner Bands
Sell Signal
The candle is closed, and its High price is below both Envelope lines and Bollinger Bands middle line.
The Low price is below Bollinger Bands top line.
ADX line value is higher than 30 but lower than 50 which means that the trend is powerful enough but is not exhausted.
ADX indicator -DI line is above +DI line which means that the downward movement has strength. When all signals take place, this strategy opens a short position with the corresponding trailing stop and take profit. A short position will be closed by take profit or trailing stop, or if the current price is above at least one of the Envelope lines or the Bollinger Bands middle line.  
Scalping Strategy Envelope with Bolliner Bands

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