Saturday, 5 December 2020

Forex Pet-D scalping system


Pet-D scalping system
is a trend momentum strategy based on Pet-D indicator. This is a intraday system thaty work also with binary options High/Low.

Time Frame 15 min or higher.

Markets: Indicies (S&P 500, Dax, Dow Jones, FTSE, Nasdaq), Commodites (Gold, Silver and oil) and Forex Majors.

For Binary Options trading expiry time 3 candles max 4.

Metyatrader Indicators:

Spud Fibo or an indicators of pivot level.

RSI (14 period with level 55 and 45),

DoubleCCI ( 170 and 34),

PET-D .

Buy

Pet-D green bar,

Double CCI histogram green,

RSI>55 level.

Sell

Pet-D red bar,

Double CCI histogram red,

RSI<45 level.

Exit position

At the level of support/resistance or with profit target ( 9-14 pips).

Initial Stop loss at the previous swing after 8 pips in gain move stop loss at -2 pips or breakeven level.







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