Download Luxury Scalping trading system to mt4
Time Frame 5min.
Currency Pairs: majors.
Indicators:
20EMA
50EMA
200EMA
MAX OBOS oscillators (30-40) (10-20);
Long Entry:
20EMA>50EMA>200EMA
MAX Oscillators (10-20 red)> Max Oscillators (30-40 Blue).
Re-Entry: the price to pullback towards the rising EMA’s with the previous conditions.
Short Entry:
20EMA<50EMA<200EMA
MAX Oscillators (10-20 red)< Max Oscillators (30-40 Blue).
Re-Entry: the price to pullback towards the rising EMA’s with the previous conditions.
Stop Loss2 pips+spread below or above 50 EMA
Profit Target:
1)EUR/USD 8pips, AUD/USD 6 pips, GBP/USD 10 pips;
2) for Buy when EMA 20 is below EMA 50, for Sell when EMA 20 is above EMA 50.
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