exlux99

Forex Scalping 1min Bollinger Bands, RSI and ADX Trading System

This is a Forex Scalping Trading Sytem based on the Bollinger Bands .
Its suited for major pairs, with lowest possible comission (below 1 pip) and with timeframes ranging between 1-15 min.

Indicators:
Bollinger bands
ADX
RSI


Rules for entry:
Long Entry: price to move below the upper Bollinger Bands RSI raise above the 30 line and ADX<32 at the same time.
Short Entry: price to move above the upper Bollinger Bands , RSI raise below the 70 line and ADX<32 at the same time.


Rules for exit
Profit Exit: 3 options: 1, exit position when the price touches the middle band, 2) when the price touches the opposite band, X pips target profit.
Loss Exit: X pips loss
סקריפט קוד פתוח

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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