$RoadToRiches$ - Range Bars & PA Scalp ($RoadToRiches$ - Range Bars & PA Scalp)

Hello everyone!

I want to share with you my scalping strategy based on range bar charts, price action and some indicators :-) Everything is simple - we look for trend reversal patterns at tops and bottoms :-) The easiest patterns to find and the most powerful ones are hammers and shooting stars - they work the best ;-) Most of them are detected by my modified indicator based on Japanese candlesticks, so you will have no problem finding them on the chart ;-) Use some PA methods to increase accuracy - SR levels, SD Areas, trend lines, HH, HL, LL, LH - it's up to you :-)

I'm sharing this because I want to improve this strategy a bit by adding a good and fairly accurate trend indicator - since the whole system is probably one of those "no-brainer" systems, I believe we can do it together ;-) Sometimes PA isn't enough for a range bar chart, so why not make it easier to trade? :-)

All indicators used in this strategy will not repaint

Important: You need to put the "Range Bars" file into the "MQL4\Indicators" folder - *.dll files are located in the "MQL4\Libraries" folder!

rule:

- Set range bar to 3 points
- Look for trend reversal patterns in overbought and oversold areas (OBOS indicator)
- SL & TP = 10 points (move SL to BE+2 after 5 points profit)
- Best trading time - EU session

Enjoy!