Envelope Reversal Forex Scalping Strategy

This is a scalping system based on reversal using envelope indicator and overbought and oversold indicator. This system works in any currency pairs in a 5-minute timeframe.

Forex Indicators:

• Moving average A 90 Median HL;
• Envelope 90 (Deviation 0.15);
• Envelope 90 (Deviation 0.30);
• indicator (overbought and oversold);
• Stochastic alert (14,3,3).

Buy Entry:

• The overbought and oversold indicator is in the oversold area.
• The price must break the lower envelope 90.
• Enter at buy arrow after the stochastic alert indicator.

Sell Entry;

• The overbought and oversold indicator is in overbought area.
• The price must break the lower envelope 90.
• Enter at buy arrow after the stochastic alert indicator.

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