Monday, September 17, 2012

Simple 10 Pips Forex Strategy

This is a simple forex strategy using basic indicators from MT4 or MT5 platform. Base on scalping system. We must be patient for waiting a good signal from this strategy. When there is a good setup then it can have around 80% winning rate. Recommended for practising in demo account until you familiar with this system. After that yo can go with your real account.

Requirements :
  1. Time Frame 15 or 30 M 
  2. Bollinger Bands in Default settings 
  3. Stochastic 5.3.3 in level 20 and 80 
  4. Pair with low spread 
How to trade :
When price out under line of bollinger bands the price will come back in bollinger again when the first candle close in bollinger Prove the intersection of lines in the indicator stochastic open order buy and your target be 10 pip only.



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That's all simple but profitable, you'll decided...!


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