15 min Contrarian Scalping

15 min Contrarian Scalping is an forex
strategy Contrarian
or counter-trend the advantage of these forex strategies is a good profitability but with do not great gain (in relation at the time frame).

Time Frame: 15 min,
Currency Pair: all

Forex Indicators:
bollinger
bands[20, 2]
envelope[14]

ADX
(13)(with moving Average 5)

Stochastic cross alert (14, 3,7)Rules
When price [up]exceeds both upper bb and upper envelope wait arrow down stochastic if ADXCross down moving average or is below
30 enter short.

When price[down]exceeds both lower bb and lower envelope
wait arrow up stochastic if ADXCross down moving average or is below 30 enter
long
.

Stop
loss
 2 pips above the Upper or below the Lower Band of the BB.
take profit 10 pips or on the
middle band.

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In the pictures 15 min Contrarian scalping system 

Share your opinion, can help everyone to understand the forex
strategy.

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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