One Minute Contrarian Forex Scalping Startegy

0
520

One min contrarian trading system

It is based on two indicators Bollinger band and Contrarian indicator. Use this system on a 1 minute timeframe in all major pairs.

Forex Indicators:

  • Contrarian
  • Bollinger bands (20:2)

For Long Entry:

  • Enter when green arrow appears during a price break of the lower band.

For Short Entry:

  • Enter when red arrow appears during a price break of the upper band.

Exit the position by placing a stop loss 3 pips above the upper band for short or below the lower band for long.

Take profit on the middle band or 4 pips for AU, 5 pips for EU and 7 pips for GU.

Recommended MT4 Brokers

XM Broker

  • Free $50 To Start Trading Instantly! (Withdraw-able Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

XM broker

>> Sign Up for XM Broker Account here <<

FBS Broker

  • Trade 100 Bonus: Free $100 to kickstart your trading journey!
  • 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
  • Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
  • ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
  • Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.

fbs broker

>> Sign Up for FBS Broker Account here <<

Click here below to download:

Save

Save



Get Download Access

LEAVE A REPLY

Please enter your comment!
Please enter your name here