Open Scalping Volatility Trading System

Time Frame 5 min.

Currency Pairs: Majors.

Indicators

nonlagdot‎

Volatility Pivot Open‎

precentualzz_victor

PriceTrigger

LONG ENTRY

If Price trigger == (1) and the candle above the trigger opens ABOVE the orange volatility pivot you enter LONG.

• SHORT ENTRY
  
  If Price trigger == (-1) and the candle above the trigger opens BELOW the orange volatility pivot you enter SHORT.
• 
  
• EXIT RULES

• I have spotted 2 (or actually 3) EXIT scenarios:

1. Exit at the opposite Price Trigger Signal (see box B)
2. Trail your STOP LOSS using the value of the VolatilityPivot indicator (see box C where the LOW wick of the last candle in the box crosses the Volatility Pivot)
3. Exit when a candle closes with an opposite nonlagdot (for example: if we go LONG we wait for a candle to close with a RED nonlagdot, if we go SHORT we wait for a closed candle with a BLUE nonlagdot

In the pictures Open Volatility scalping forex system in action.

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Volatility forex open

Volatility.Pivot.Open.rar

compressed file archive 952 Bytes

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Templete Open scalping volatlity

pzz.rar

compressed file archive 884 Bytes

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Non lag dot

nonlagdot.rar

compressed file archive 1.4 KB

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precentualzz_victor metatrader indicator

precentualzz_victor.rar

compressed file archive 953 Bytes

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PriceTrigger forex signal

PriceTrigger.rar

compressed file archive 1.0 KB

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Volatility Forex Strategies

For trade I recommend to choose Broker with MT4 >>