Fischer
Scalping Strategy is a treding system trend momentum price action
trading system based on two moving averages and three confirm, but
the peculiarity of this trading system is how the Fischer indicator
is used to filter the trading signals generated by the two moving
averages. Two levels are added to the Fisher indicator. The signals
are valid when these two levels are exceeded. however to make the
filter system solid I also added the MACD and the RSI.
Features
of Fischer scalping system
Type
of trading system: scalping and day trading
Time
Frame 5 min or 15 min
Currency
pairs: major
plataform:
metatrader 4
Sessions:
London and New York
Metatrader
4 Indicators
Simple
moving average 6 period, median.
Simple
moving average 6 period, median, shift 1.
Support
and resistace indicator (price action).
Zig
Zag buy and Sell arrow
Fischer
oscillator 10 period.
MACD
(12, 26, 9).
RSI
(14 period, close).
Trading
rules Fischer Scalpin Strategy
Buy
Support
dot line below the candles.
Zig
Zag buy arrow.
Moving
averages crossing upward.
Fischer
above zero and 0.5.
MACD
green histogram
RSI
near level 50.
Sell
Resistancedot
line above the candles.
Zig
Zag sell arrow.
Moving
averages crossing downward.
Fischer
above zero and 0.5.
MACD
red histogram
RSI
near level 50.
Aggressive
mode: Line of S/R, Zig Zag arrow, Fischer above/below 0.5,
crossing mving averages.
Exit
position
Initial
stop loss on the previous swing low/high.
Profit
Target minimum ratio stop loss 1:1 or or when the opposite conditions
are formed.
In
the folder in download there are also setting for other time frame.
In
the pictures Fischer Scalpin Strategy.
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