Bollinger Bands And MACD Forex Scalping Strategy
This is a scalping strategy that uses both Bollinger bands and MACD. this combination are not common. It is simple and these indicators compliment each other. This is a scalping system so it is best used in a lower timeframe such as 5 minutes.
Metatrader Indicators:
- Non lag ma, indicator;
- TFPSAR, indicator;
- The Joker Reversal Trend,
- Bollinger Bands MACD, indicator;
- Pivot, points levels indicator.
- FF Calendar.
Buy Entry:
- NonLagMA is green.
- TFPSAR to be green for all time frames
- The Joker Trend Reversal blue dot
- Bollinger bands MACD blue diamond
- Wait for all Blue
Sell Entry:
- NonLagMA to be green
- TFPSAR to be red for all time frames
- The Joker Trend Reversal green dot
- Bollinger bands MACD blue diamond
- Wait for all red.
Exit when non lag ma changes color or at the Pivot daily support/resistance line.
Trail stop is advisable.
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