Di Napoli trading System
This scalping strategy uses 2 indicators that are listed below and works on all major pairs in a 5 minute timeframe. Use this strategy during London and New York sessions.
Forex Indicators:
- Stochastic Di Napoli ( 8, 3, 3), set level Oversold=15, Overbougth 85.
- WMA crossover
For Long Entry:
- Stochastic must be in oversold area.
- Buy when WMA crossover appears and indicates a buy signal.
For Short Entry:
- Stochastic must be in overbought area.
- Sell when WMA crossover appears and indicates a sell signal.
Exit when appears opposite arrow.
Place Stop Loss on the previous swing.
Optional Profit Target predetermined (EU 8 pips, AU 6 pips, GU 10 pips)
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