Bbox Advanced Forex Scalping Strategy

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Bbox Advanced Trading System

Every hour on the 1 minute chart is regarded as daily because the buy and sell zones are crucial component of the micro day strategy. New buy and sell are automatically drawn at the beginning of each day or hour.

After the real time function provides an idea on the price direction of the hour or day, the buy and sell zones will then be revealed.

Small dotted lines are displayed when a new buy or sell zones are drawn. This time would be a great tool to back test and in real trading.

Look back on the past hours and observe what the movements in those hours are. Observe any large trend happened. In this way, you can see larger trends on the 1 minute chart.

The current buy or sell zones are bolder with long dashes.

Zone display is also a useful component for the buy and sell zone. This will indicate how many pips above the buy zone or below the sell zone have occurred in that particular hour.

This will reset every hour or day.

It will be safe when the large pips is greatly skewed towards the zone.

For buying entry, rules must be observed:

  • Attempt only one trade direction an hour.
  • Price must be above blue buy zone lines
  • Zone indicator must indicate more pips moved above blue buy zone lines than below red sell zone during that hour.
  • The width of the yellow NMR lines must at least touch 1.1550/-1.1550 purple level lines but ideally will be above, both are acceptable however
  • Red NMR line must be above upper yellow NMR line.

 

For selling entry:

  • Attempt only one trade direction an hour.
  • Price must be below red sell zone lines
  • Zone indicator must indicate more pips moved below red sell zone lines than above blue buy zone lines during that hour.
  • The width of the yellow NMR lines must at least touch 1.1550/-1.1550 purple level lines but ideally will be above, both are acceptable however;
  • Red NMR line must be below lower yellow NMR line.


Forex Trading Strategies Installation Instructions

Bbox Advanced Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Bbox Advanced Forex Scalping Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Bbox Advanced Forex Scalping Strategy?

  • Download Bbox Advanced Forex Scalping Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select Bbox Advanced Forex Scalping Strategy
  • You will see Bbox Advanced Forex Scalping Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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