Template
Template
Template
Bollinger Bands
Bollinger Bands
Parabolic SAR
Moving Average
Moving Average
INDICATOR ¥/IND0¥/ 1
Stochastic Oscillator
Envelopes
MACD
3. Setting For The 1ST Bollinger Bands
4. At The Level Section Add The Number Above
5. Setting For 2nd Bollinger Bands
6. Setting For Parabolic SAR.
7. Setting For 1st Moving Average 144
8. Setting For 2nd Moving Average 50
9. Setting for stochastic Oscillator
10. At The Level Section Please Add Number And Description As In The Picture Above
11. Setting For Envelopes
12. Setting for MACD
How To Enter - Buy
Stop Loss
Put below Reversal Candle For Example refer At NO.6
Take Profit
First Yellow Line at the sell Zone. 10-20 pips should be enough for scalping
How To Enter – Sell
Stop Loss
Put Above Reversal Candle for Example refer at NO.6
Take profit
First Yellow Line at the Buy Zone. 10-20 pips should be enough for scalping
How To Enter – Using Divergence
2nd Method is by using Divergence MACD, you can have a deep understanding by referring the diagram below
Buy - Using Divergence
For entry using buy divergence setup, note that candle A is higher than candle B and MacD A is lower than MacD B.
This condition causes divergence.
Make sure the stoch touches level 10 and curves past level 10 refer the red arrow
Stoploss
Put below Reversal Candle
Take profit
First Yellow Line at the Sell Zone. 10-20 pips should be enough for scalping
Sell - Using Divergence
For entries using sell setup divergence, note that candle A is lower than candle B and MacD A is higher than MacD B.
This condition causes divergence.
Make sure the stoch touches level 90 and curves past level 90 refer the red arrow
Stoploss
Put Above Reversal Candle
Take profit
First Yellow Line at the Buy Zone. 10-20 pips should be enough for scalping