CVN Forex Scalping Strategy

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CVN Forex Scalping Strategy

This is a system that uses a CVN indicator to determine entry with 2 other indicator that compliments the CVN. You can use this in a 1 or 5 minute timeframe and this works in all major pairs.

Metatrader Indicators:

  • CVN Signal ( modified for this strategy to see in the code);
  • RSI ( 9 period);
  • Stochastic ( 8, 5, 3,).

Buy Entry:

  • Price must break the lower Bollinger Bands.
  • RSI (9 period) is less than 25.
  • Stochastic less than 20.

Sell Entry:

  • Price must break the upper Bollinger Bands.
  • RSI (9 period) is greater than 75.
  • Stochastic is greater than 80.

Take Profit of 5 to 10 pips or middle band.

Place stop loss at 15-20 pips.

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