Cycle Scalping

Cycle scalping with LWMA

Submit by Mike Trader 21/02/2017

Cycle scalping is an intraday system trend following system. This strategy is based on two fast LWMA 5 and 6 periods, MACD and the trend arrow indicator.

Time Frame 5 min 15min and 30 min.

Currency pairs with low spreads.

Metatrader Indicators:

LWMA 5 period, optional.

LWMA 6 period, optional.

Price action area:

MA 5 period high,

Ma 5 period lpow,

Supermath indicator,

MACD 12, 26, 9 as or,

MACD Two lines (12,26,9).

THW Pivolt lines.

Super indicator V.2 ( this is a repaint indicator based on the fracta cycle)

Trading rules Cycle Scalping

Trade only in the direction of the Super indicator

Buy

Whean appears the green alert arrow of the super indicator for entry buy wait the following conditions:

Supermath arrow buy,

Red line of Macd below blue histogram MACD. (MACD two lines line blue above red line)

Optional (LWMA5>LWMA6)

Sell

Whean appears the red alert arrow of the super indicator for entry sell wait the following conditions:

Supermath arrow sell,

Red line of Macd above blue histogram MACD. (MACD two lines, line blue below red line)

Optional (LWMA5<LWMA6)

For best entries wait that the price retraces into price action channel.

this idea of trading is not suitable for beginners but who already has experience with techniques of price action.

Exit at the opposiste arrows or at the levels of the pivot point.

Place initial stop loss ont he previous swing.

In the pictures Cycle Scalping in action.

Cycle Scalping in action.

Cycle Scalping in action.

Cycle Scalping.rar

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For trade I recommend to choose Broker with MT4 >>