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Forex Strategy "Scalping on BAMBONI"

This strategy was proposed by a trader Bambony. It works with GBP/USD pair and EUR/USD pair and uses such indicators as Paramon Scalp, EAsctrend using i_trend, Fisher Yur4ik and Signal Bars 6. Due to this strategy, SMA (100) (simple moving average) should be set up to the range 100, shift 0, while SMA (200) - to the range 200, shift 0 and applied to close.

User should enter the market, when  EA trend red line crossed from the bottom up the green. Price (SMA (100)) should cross the 100 day MA. The next bar should close below this 100 day MA (after penetration). If the price is close to the penetration of the MA (moving average), user should stay away from transaction. The same should be if we see moving converge (at the converging triangle). To exit the deal, user should use indicator Fisher Yur4ik, when it changes it's color to opposite. 


Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 


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