BB Scalping system | Scalping EA download - MT4/MT5 resources

1. Blank chart with only default Metatrader 4 Heiken Ashi candles
2. Default Metatrader 4 ADX indicator
3. 1 default Bollinger Band with a bias of 1
4. 1 The default Brigg channel deviation is 2

Time range used:

1. 15 minutes of TF finding good settings
2. 5 minutes TF trading

How it works:

1. Search trending currency pairs (ADX >25) on our 15-minute TF
2. In our 15 minute TF we search for HA candles with good settings. A sales sign candle is a red candle with no wick above, or a small wick above, a long wick below, and a large candle body. Buy a sign candle, which is a white candle with no wick or a small wick below, a long wick above, and a large body.
3. To enter the long position (buy) we need to place the buy candle in the upper mid-high position of the BB line
4. To enter a short (sell) position, we need to place the sell candle at the lower middle low of the BB line
5. After finding good settings, we switched to 5-minute TF and waited for settings similar to those found in 15-minute TF. Then we can enter the transaction.

Exit rules:

1. The safest way to exit this trade is when the HA candle on our 5 minute TF closes with a very small body, with the candlesticks below and above the body (similar to a doji star bar), closing in a different color. Or move to the other side of the BB.
2. If you can handle it, simply exit when our 15 minute HA candle closes with a very small body, with the bars below and above the body (similar to a doji), closes with a different color, or moves to the other side of the BB line.