Contrarian Scalping Counter Trend Bb Envelope Adx and Stochastic — Strategy by exlux

By exlux

Performance Metrics

Description

Contrarian Scalping is an trading strategy designed to take advanted of a counter-trend.The advantage of these strrategies types is that they have a good profitability but with do not great gain (in relation at the time frame).Indicators used:BollingerEnvelopeADXStochasticRules for entryFor short: close of the price is above upper band from bb and envelope, adx is below 30 and stochastic is above 50For long: close of the price is below lower band from bb and envelope, adx is below 30 and stochastic is below 50Rules for exitFor short: either close of the candle is below lower band of bb or enveloper or stochastic is below 50For long: either close o the candle is above upper band of bb or envelope or stochastic is above 50If there are any questions let me know !

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