Super
Channel Scalping is a price action momentum strategy for experienced
traders based on support and resistance d filtered by a custom RSI.
The signals are generated when the price goes into the resistance /
support zone and the RSI signal generates a yellow or red dot and at
the same time there are the arrows of the Super channel indicators at
least 2 two arrows. . Only these arrows recalculate in this strategy.
The main feature of the system are few profit target pips.
Currency
pairs major and minor gold, volatility index.
Time
frame 15 or higher.
Metatrader
4 Indicators
Super
signal channel.
Renko
Super signal v.3 Double (72, 36, 288, 144).
SS
support and resistance V.7.
2
super signal 2B
Stochastic
(14, 3.3).
RSI
filter default setting.
Trading
rules Super Channel Scalping
Buy
Price
go on support zone.
Two
arrows of channels
Yellow
dot is formed in the RSI in an area of oversold better condition or
just before.
When
these conditions occur, immediately enter the buy.
Profit
2-5 pips (15 min time frame.
Stop
loss below support zone.
Sell
Price
on resistanze zone.
Two
sell arrows of channels
Red
dot is formed in the RSI in an area of overbought (better condition)
or just before.
When
these conditions occur, immediately enter the sell.
Profit
2-5 pips (15 min time frame).
Stop
loss above resistance zone.
In
conclusion, the fundamental events for this strategy are: the price
in the support or resistance zone and the appearance in the RSI of
the yellow and red dots in the overbought or oversold or near areas.
In
the pictures Super Channel Scalping trading system
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