Scalping MA Channel with Bollinger Bands

Channel Scalping MA with Bollinger Bands is a trend system filtered by supply and demand indicator. The system produces two entries, the first just following the trend is entered when the price retraces in the opposite band in the direction of the trend or when the price bounces on support or resistance always in the direction of the trend.

Scalping MA channel with Bollinger Bands is a trend system filtered by the supply and demand indicator. The system produces two entries, the first just following the trend is entered when the price retraces in the opposite band in the direction of the trend or when the price bounces on support or resistance always in the direction of the trend.

The second entry is optional, and is recommended for use when you are experienced with this strategy. You can also go against the trend if the price rebounds from a support or resistance area.

Scalping Trading Strategy: Entry Parameters

  • Currency Pairs: major currency pairs;
  • Time period 3 min, 5 min or 10 min;
    MT4, MT5 and TradingView Platform;
    Currency pairs: any with tight spreads;
  • Trading hours: London, New York;
  • Risk Management: After calculating the stop loss, choose a lot size not exceeding 2 – 5% of the deposit per trade.

Setting up a price chart

  • Unzipping the file;
  • Copy the template to the templates folder;
  • Copy the indicators to the MQL4 folder -> indicators;
  • Restarting the terminal;
  • Open the chart of the desired currency pair;
  • Install a template called Channel MA.

Channel Scalping MA with Bollinger Bands is a trend system filtered by supply and demand indicator. The system produces two entries, the first just following the trend is entered when the price retraces in the opposite band in the direction of the trend or when the price bounces on support or resistance always in the direction of the trend.

Channel Scalping MA with Bollinger Bands is a trend system filtered by supply and demand indicator. The system produces two entries, the first just following the trend is entered when the price retraces in the opposite band in the direction of the trend or when the price bounces on support or resistance always in the direction of the trend.

Signals indicating the opening of a buy position

  • Price trend above the low moving average;
  • Situation 1 = Price broken or touching the lower Bollinger Bands;
  • Situation 2 = Price jump on support;
  • Entry when the price goes back to the Bollinger Bands and the Heikin Ashi changes color from red to white or if the price is in the bands when the heikin ashi changes color.

Signals that indicate the opening of a sell position

  • Price downtrend below the high moving average;
  • Situation 1 = Price broken or touching the upper Bollinger bands;
  • Situation 2 = Price jump on support;
  • Entry when the price goes back to the Bollinger bands and the Heikin Ashi changes color from white to red or if the price is in the bands when the heikin ashi changes color.

Channel Scalping MA with Bollinger Bands is a trend system filtered by supply and demand indicator. The system produces two entries, the first just following the trend is entered when the price retraces in the opposite band in the direction of the trend or when the price bounces on support or resistance always in the direction of the trend.

exit position

  • Place the initial stop loss below/above the previous high/low swing;
  • Make profit on opposite bands.

Before using the trading strategy MA scalping channel with Bollinger Bands in a real warehouse, we recommend testing it in a demo account.

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