Awesome
with Alligator Scalping is a trading system for short time frame M1
and M5 based on bill williams indicators: awesome and alligator.
Features
of Awesome with Alligator Scalping
Type
: Price Action
Style:
Scalping and Day trading
Time
Frame 1 min, 5 min.
Currency
pairs: Majors and minors.
Terminal
Metatrader 4
Profittability:
high.
Trading
Rules
I
take Trend Direction from M5 and I make Entries and Add-ons on M1
When Entry Indicator Alerts, Check these Rules before putting a
pending order.
Entry
Setup
1:
Saddle Point (Bracket the Market)
Rule
1: Alligator sleeping
Rule
2: AO Close to ZL
Rule
3: Price Close to Red Line
Setup
2: Open Alligator (Trade with Alligator)
Rule
1: First or Second AIMS out of Open Alligator
Rule
2: AO Close to ZL
Rule
3: Price Close to Red Line and/or Opposite AIMS Before putting a
pending I ask how far is my Exit Point?
Exit
Setup Green Line: Stop Close on Green Line or AIMS: Trail AIMS 3
pips below and above.
In
the pictures example of trading with Awesome with Alligator Scalping.
إرسال تعليق