The Pet-D scalping system is a forex trend momentum strategy based on the Pet-D indicator. This is an intraday forex system that also works with high low binary options.
Trade it on M15 timeframe. For Binary Options trading, the expiry time is 3 or maximum 4 candles.
MetaTrader Indicators included:
RSI (14 period with level 55 and 45),
DoubleCCI (170 and 34),
PET-D indicator .
How to trade with Pet-D Scalping System?
Open long trade when the following conditions are met:
Pet-D green bar,
Double CCI histogram green,
RSI is above 55 level.
Open short trade when the following conditions are met:
Pet-D red bar,
Double CCI histogram red,
RSI is below 45 level.
Exit your trade at the level of support/resistance or with a profit target of 9-14 pips.
Set your initial Stop loss at the previous swing after 8 pips in gain, move stop loss at -2 pips or breakeven level.
Pet-D Scalping System Free Download.
To download the Pet-D Scalping System for Metatrader 4 (MT4) for free just click the button below: