Scalping EUR/CHF, EUR/GBP, USD/JPY

Submit By Janus Trader (Written by Saambasp) 07/12/2011

Time Frame: 15 min,
Currency Pairs: EUR/CHF, EUR/GBP, USD/JPY

Indicators:
bollinger
band[20, 2)]
envelope[14]

Rules
when price [up]exceeds both upper bb and upper
envelope we short.
when price[down]exceeds both lower bb and lower
envelope we long.
stoploss 25
take profit 8.

In the picture Scalping EUR/CHF, EUR/GBP, USD/JPY

• 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