1-2-3 pattern MTF Scalping System

405# 1-2-3 Pattern MTF with Bollinger bands and Moving Averages Scalping System

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Mar 30,  · First thanks. However, when I put both yours and the default Bands that come with the software on top of eachother, the deviations produced by this one are further away from the average. kinoparks.ml Free Indicators, Trading Systems & Expert Advisors for MetaTrader 4 & 5.

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kinoparks.ml Free Indicators, Trading Systems & Expert Advisors for MetaTrader 4 & 5.

If these conditions are fulfilled enter a buy pending order at the level of the indicator pattern with target or Place the stop loss 2 pips below the level of Parbolic Sar trend down with the dots above the candles;. The lower band of the Bollinger Bands 12, 2 or Lab Trend Zig Zag pointing down;.

If these conditions are fulfilled enter a sell pending order at the level of the indicator pattern with target or Place the stop loss 2 pips above the level of Keltner Channel scalping with double dynamic zone RSX.

Bollinger Bands can be used in most time frames, from very short-term periods, to hourly, daily, weekly or monthly. Bollinger Bands answer a question: Are prices high or low on a relative basis? By definition price is high at the upper band and price is low at the lower band. That bit of information is incredibly valuable. It is even more powerful if combined with other tools such as other indicators for confirmation. Using the SPY as a surrogate so we can calculate volume indicators, we find that both day Intraday Intensity and Accumulation Distribution are quite positive, suggesting that if a breakout were to occur here it would be to the upside.

In both time-frames the bollinger bands with 20 periods and a Standard Deviation of 2. In addition the Simple Moving Average with 20 periods is also used as an indicator in both time-frames. The Strategy should now trade as follows: Is it possible to code such a strategy? If you have any further questions, please do not hesitate to ask and many thanks in advance for your help. Sure it's possible, piece of cake.

Please log in to see this code. Thanks Cone for the very fast and superb help. This really helps me out. As I forgot something, i got one last question: How can I code exit parameters like e. I tried it out with the examples on the Programming Guide, but I can't make it working.

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Is it possible to code such a strategy?

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