15 min Contrarian Scalping is an forex strategy Contrarian or counter-trend the advantage of these forex strategies is a good profitability but with do not great gain (in relation at the time frame).
Time Frame: 15 min,
Currency Pair: all
Currency Pair: all
ADX (13)(with moving Average 5)
Rules
When price [up]exceeds both upper bb and upper envelope wait arrow down stochastic if ADXCross down moving average or is below 30 enter short.
When price[down]exceeds both lower bb and lower envelope wait arrow up stochastic if ADXCross down moving average or is below 30 enter long.
When price [up]exceeds both upper bb and upper envelope wait arrow down stochastic if ADXCross down moving average or is below 30 enter short.
When price[down]exceeds both lower bb and lower envelope wait arrow up stochastic if ADXCross down moving average or is below 30 enter long.
Stop loss 2 pips above the Upper or below the Lower Band of the BB.take profit 10 pips or on the middle band.
In the pictures 15 min Contrarian scalping system
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