free download range factor scalping 15 min trading system for mt4
Time Frame 15 min
Currency pair:major.
Indicators:
ZDN;
bollinger bands(20 ,2)
signal line 13 an 21;
pivot;
DM range Factor;
Bar Trend.
Rules:
Trade only in direction of the trend, to determine the direction of the trend to use ZDN.
Long Entry:
When the prices goes at the Bottom or out of the lower bands, wait uptrend signal line aqua,at_Zdn aqua,rangefactor sloping up.
Short Entry:
When the prices goes at the Top or out of the higher bands, wait downtrend signal line red,at_Zdn red,range factor sloping up.
Exit Position
When Signal line change color;
At the level of the pivots;
Profit Target predetermined, or ratio 1:2 stop loss;
(Profit Target Predetermined: EUR/USD 15 pips; AUD/USD 12 pips; GBP/USD 18pips.)
Stop loss on the previous swing.
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