MAX Trend Scalping V.2

Max Trend Scalping V.2 is a trend following for trading a 5 min and 15 min time frame based on trend indicators. MAX Trend Scalping V.2 generates buy and sell signals on the basis of the Max signal and Parabolic Sar but filterd by other indicators primarly by Max Ma.

Time frame 5 min and 15 min.

Currency pairs major with low spreads.

Metatrader 4 indicators

1. Heiken Ashi chart

Green Heiken Ashi bars in an uptrend it indicates that probably the uptrend, red Heiken Ashi bars in an downtrend it indicates that probably the downtrend.

2. Green and red dot primary choice for entry in the market.

Green dots appear below the price indicate the buying opportunity in the market. Red dot above the price indicate the selling opportunity in the market. If red dot or green dot are not confirmed check if the next signal of the Parabolic Sar signal is confirmed.

Therefore, the Parabolic Sar is an entry signal subordinated to the red / green dot.
3. Three Moving Averages (main indicator of the system).
The mid term moving average which moves between the upper and the lower bands. The color of this middle moving average changes with the change in the trend. The red color of the moving average indicates the downtrend while green color indicates the uptrend.

4. Max trend price Indicator is a volume indicator. Green color up trend, red color downtrend.

5. Multitaymframe Indicator

This indicator summarizes technical indicators (like MACD, EMA, and STR) in various time frame.

6.Parabolic Sar dot MT4 (green dot below the candle buy, red dot above the candle sell).

Trading rules MAX Trend Scalping V.2

Buy

Up trend

A green dot should appear on the chart.

The mid moving average should be green in color. I

The max trend price indicatorgreen bar.

The Multitaymframe indicator on the top right should show the green signals in most of the time frames in order to have the high probability of winning a trade.

If green dot are not confirmed check if the next signal of the Parabolic Sar signal is confirmed. If also the parabolic Sar are not confirmed wait the next signal of the trading system.

Stop loss:Stop loss should be placed on the level of the lowest moving average.

Take profit: At the level of pivot point or with ratio stop loss 1:1.18.

Sell

down trend

A red dot should appear on the chart.

The mid moving average should be red in color.

The max trend price indicator red bar.

The Multitimemframe indicator on the top right should show the red signals in most of the time frames in order to have the high probability of winning a trade.

If red dot are not confirmed check if the next signal of the Parabolic Sar signal is confirmed. If also the parabolic Sar are not confirmed wait the next signal of the trading system.

Stop loss:Stop loss should be placed on the level of the upper moving average.

Take profit: At the level of pivot point or with ratio stop loss 1:1.18.

In the pictures below Examples of trading with MAX Trend Scalping V.2.

Download MAX Trend Scalping V.2 indicators and template Metatrader 4.