MITACORE FX SCALPING SYSTEM – FOREX SYSTEM + ALERTS MT4
- PLATFORM: MT4
- TF: M1 – M5
- PAIRS: ALL (BEST EURUSD-GBPUSD- AUDUSD
- HOURS: AROUND THE CLOCK
- BROKER TYPE: SCALPING – ULTRA LOW OR ZERO SPREAD ONLY
MITACORE FX SYSTEM is a forex system for the MT4 platform, exclusively designed for SCALPING, on M1 and M5 TFs.
MITACORE FX SYSTEM includes Signal with Audible and E-mail Alerts.
TECHNICAL SPECIFICATIONS OF
MITACORE FX SYSTEM:
Indicators:
- 2MA crossover
- Heiken Ashi smoothed;
- Rsioma
- DoubleCCIWoody
- Spudfib.
3 conditions are necessary to be able to make any entry (BUY-SELL):
(1+2+3)
Long Entry (BUY):
- 1- Signal Buy 2MA crossover
- 2- DoubleCCIWoody is green
- 3- RSIOMA>65.
Short Entry (SELL):
- 1- Signal Sell 2MAcrossover
- 2- DoubleCCIWoody is red
- 3- RSIOMA<35.
IMPORTANT: The arrows (pink or blue) ARE NOT ENTRY TRIGGERS. You must wait for the 3 conditions (1+2+3) to be met to take a trade.
1M TF Exit:
- Target Price: 20 pips
- Stop loss: 40 pips
5M TF Exit:
- Targetprice: 30 pips
- Stop loss: 55 pips
DON’T Trade During News: If there is a news event and it occurs during your trading times, never trade 30 minutes before and 30 minutes after the news event.