Antix Stochastic Forex Scalping Strategy
This is a scalping strategy that uses EMA Indicators that identifies the trend and Stochsatics. This system is useful to a 5 minute to 1 hour timeframe. This works in all currency pairs.
Metatrader Indicator:
- 2EMA
- 16EMA
- 96EMA
- SDX-TZPivot
- Channel signal
- XPS7 QQE alert (SF=4,RSI period=2, WP=1.236);
- 4 time frame Stochastic
Rules:
- Identify the trend using the moving averages.
- Uptrend must be 2 EMA is greater than 16 EMA, 16 EMA is greater than 96 EMA.
- For downtrend, 2 EMA must be less than 16 EMA, 16 EMA is less than 96 EMA.
Buy Entry:
- 2 EMA is greater than 16 EMA, 16 EMA must be greater than 96 EMA.
- XPS7 QQE alert (SF=4,RSI period=2, WP=1.236); is greater than 0.
- 4 time frame Stochastic is green.
Sell Entry:
- 2 EMA is less than 16EMA. 16 EMA is less than 96 EMA.
- XPS7 QQQE alert (SF=4,RSI period=2, WP=1.236); is less than 0.
- 4 time frame Stochastic is red.
Exit Position:
- Depends on the timframe an currency pairs.
- Quick take profit predetermined.
- pivot levels or when XPS7 QQE alert cross downward for buy and upward for sell (for time frame 30 min or 60 min).
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