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Extreme Scalping System with Bollinger Bands and RSI

Extreme Scalping System with Bollinger Bands and RSI is a reversal scalping system.
Time Frame 1 min
Currency pairs: major with low spreads,
Forex Indicators:
RSI 14 period, close with (70, 30 levels);
Bollinger Bands (period 21, deviation 2.0);
Trading Rules
Entry
What we are looking for is the price to move above to upper or below lower Bollinger Bands and RSI raise above the 70 line or below the 30 line at the same time.
Target price is middle Bollinger Bands or 5- 7 pips.
Stop loss is 7- 9 pips.
Extreme Scalping System with Bollinger Bands and RSI is a reversal scalping system. Time Frame 1 min Currency pairs: major with low spreads, Forex Indicators: RSI 14 period, close with (70, 30 levels); Bollinger Bands (period 21, deviation 2.0); Trading Rules Entry What we are looking for is the price to move above to upper or below  lower Bollinger Bands and RSI raise above the 70 line or below the 30 line at the same time. Target price is middle Bollinger Bands or 5- 7 pips. Stop loss is 7- 9 pips.

Extreme Scalping System with Bollinger Bands and RSI

Extreme Scalping System with Bollinger Bands and RSI



Extreme Scalping System with Bollinger Bands and RSI Reviewed by learn forex trading on June 09, 2017 Rating: 5

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