M5 easy trend confirmation - MT4/MT5 resources
Hi guys!
I want to share this simple m5 scalping method that you can use as a system or add to your own system for better entries and exits and trend confirmation.
What you need is m5, EMA 5 and 10, fss tp stoploss, any chart from parabolic_sw and any oscillator you have at your disposal (eg Macd etc), I use cci histo.
rule:
Enter when fss stop and parabolic sw changes to resume m5 trend and PA remains above or below 2 ema (lower short term, higher long term)
For stop loss you can use fss and paravolic and/or candle reversal patterns and changes in s&r.
You can use mose's e-Move to manage transactions
I want to share this simple m5 scalping method that you can use as a system or add to your own system for better entries and exits and trend confirmation.
What you need is m5, EMA 5 and 10, fss tp stoploss, any chart from parabolic_sw and any oscillator you have at your disposal (eg Macd etc), I use cci histo.
rule:
Enter when fss stop and parabolic sw changes to resume m5 trend and PA remains above or below 2 ema (lower short term, higher long term)
For stop loss you can use fss and paravolic and/or candle reversal patterns and changes in s&r.
You can use mose's e-Move to manage transactions
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