Intraday trading for volatile markets

Intraday trading for volatile markets is a scalping trading strategy for intraday.
Crrency pairs: EUR/USD,GBP/USD, EUR/AUD, GBP/JPY, USD/JPY.
Time Frame 5 min, 15 min, 30 min.
Sessions for this strategy are London and New York when the volatility is the highest.
Technical indicators:
3 Exponential moving average.
20 period Bollinger Bands deviation 3.0,
MACD 12, 26, 9.

Buy
3-period Exponential Moving Average should cross Bollinger bands middle line upward. MACD bars are checked: they should be close to zero line (rising up or just crossed the zero line). If both conditions are true, a long position is opened with a stop loss below the lower bands. When the price will rise by 10 points, a trailing stop is set. A long position will be closed by a stop loss or when MACD bars cross the zero line downward.

Sell
3-period Exponential Moving Average should cross Bollinger bands middle line downward. MACD bars are checked: they should be close to zero line (rising down or just crossed the zero line). If both conditions are true, a short position is opened with a stop loss below the upper bands. When the price will rise by 10 points, a trailing stop is set. A short position will be closed by a stop loss or when MACD bars cross the zero line upwardward.
Forex strategy, simple but effective.
In the lateral market it can generate false signals.
This forex strategy is suitable for a money management based on martingale.
Intraday trading for volatile markets

Intraday trading for volatile markets

Intraday trading for volatile markets with Bollinger Bands

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