Forex Scalping with Bollinger Bands Stochastic and RSI

Forex Scalping with Bollinger Bands Stochastic and RSI is a trend reversal system.

Time Frame 1 min, or 5 min.
Currency pairs majors.
Forex Indicators :
CVN Signal ( trade assistant for this forex scalping strategy only for MT4 platform);
RSI ( 9 period);
Stochastic ( 8, 5, 3,).

trading sessions: 5 min time frame any. 1 Min time frame London and New York.
Trading Rules Forex Scalping with Bollinger Bands Stochastic and RSI
Buy
Price goes below lower Bollinger Band;
Relative Strength Index (9 period)<25 level;
Stochastic oscillator <20 level .

Take Profit of 5 to 10 pips or middle band.

Initial Stop loss 3-5 pips below the lower band.
Sell
Price goes above upper Bollinger Band;
Relative Strength Index (9 period)>75 level;
Stochastic oscillator >80 level .
Take Profit of 5 to 10 pips or middle band.
Initial Stop loss 3-5 pips above the upper band.
In the charts below scalping system with Bollinger Bands Stochastic and RSI examples.

For metatrader 4 we have an assistant indicator CVN Signal.

Below the link for download the template MT4 with indicators.

https://drive.google.com/file/d/0Bwjv2Pbf48itSTBHaVZRXzg0S28/view?usp=sharing