Anbat

15MN CHARTS & 1 HOUR TRADES!!

FX:GBPUSD   British Pound/U.S. Dollar
130 0 7
Just like all indicators, most are more successful with TRENDING pairs, not RANGING pa. Here is a system for you might want to consider when trading (I ran across it on UTUBE), that you might want to explore & trade with. I would consider this low risk trading and safer to do related to being a 1 hour trade. *Having less NOISE with PA too.

Here it is & it's is SIMPLE:

1) Put only EMA 3 on 15 mn             chart
2) Put Bollinger Band ( regular DEFAULT) on chart
3) Add MACD indicator ( change settings to: 3, 11,16)
NOTE: Check out on chart either RED and/or GREEN areas & new trades could have been initiated.

*When PA is at an EXTREME area on chart or edges of Bollinger Band , look at MACD . If MACD changed (in case of a bullish trade) from below ZERO to above ZERO, then place a 1 hour trade. Please verify that 15 mn             candlestick has a two or three candlestick reversal pattern too. (Like Harami, Pinbar or Engulfing). Check out on chart where, entry related to using this strategy, would have been right and low risk to start new trades. Good Luck In Trading!!
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