HomeForex Scalping StrategiesKumaresan Forex Scalping Strategy

Kumaresan Forex Scalping Strategy

Kumaresan System

Kumaresan system uses a 5 minute timeframe on AUDUSD, EURUSD, GBPUSD and GBPJPY pairs.

  • Strategy:
  • Focus on Bollinger band
  • Look for RSI
  • See the trend strength
  • Arrow symbol .order of preference are 3, arrow, dot.

For LONG entry:

  • Traders must consider first the Bollinger Band. Look for price oscillations in the band either in the top half or in the bottom half.

Kumaresan system using RSI and BB

  • There could be a bullish signal when the price is at the bottom half of the band on 4 hrs, 1 hrs, 30 min, 15 min.
  • If all is in position, then see the free RSI in the next panel. There must be a convergence from bottom and it has crossed in 5 min.
  • Look for the 3 symbol in the chart.
  • Enter BUY in the NEXT candle.

For SHORT entry:

  • There could be a bearish signal when the price is at the top half of the band on 4 hrs, 1 hrs, 30 min, 15 min.
  • If all is in position, then see the FREE RSI in the next panel, it has to be in the converging mode from top in 15 min and crossed in 5 min.
  • Look for the 3 symbol in the chart.
  • Enter SELL in the NEXT candle.

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Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
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