BeanFX V75 Iyanu Strategy
BeanFX V75 Iyanu Strategy is a fantastic trading strategy that will assist Volatility Index 75 traders on how on scalp quick profits.
Iyanu (a Nigerian native word for Miracle) is used in name of this strategy due to it’s 87% success rate.
However, this strategy can be used to generate scalp trade signals for Indices, NAS 100, XAUUSD and Forex Currency Pairs.
Basically, to load the settings for this strategy on your chart, you will install four Meta Trader indicators.
The indicators are Moving Average, MACD, Momentum and Bollinger Band indicators.
This strategy can be used on either the Personal Computer or on the Mobile phone as traders are able to load all the settings on the chart on any of the devices.
The ideal time frame for this strategy is five minutes time frame for indices like V75, V100, NAS 100, Boom, Crash, Step Index e.t.c.
Technically, 15 minutes time frame is good for XAUUSD while 1 hr time frame is ideal for Forex currency pairs. (Please try this strategy on a demo account before going live).
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How To Setup The Indicators;
Bollinger Bands and Moving average indicators are installed on the main MT5 window with the following settings:
Buy signal occurs on the main window when the Red Moving Average cross above the Blue Bollinger Bands.
On the other hand, Sell signal occurs on the main window when the Red Moving Average line cross below the Blue Bollinger Bands. See image below;
Indicator Window 1:
MACD and Moving average indicators are installed on Indicator window 1 with the following settings:
Bullish trend occurs on the Indicator window 1 when the Red Moving Average cross above the two Blue Moving Averages.
On the other hand, Bearish trend occurs on the Indicator window 1 when the Red Moving Average line cross below the two Blue Moving Averages. See image below;
Indicator Window 2:
Momentum and Moving average indicators are installed on Indicator window 2 with the following settings:
Momentum levels differs:
For V75: Use levels 99.8 and 100.2 (on 5 mins time frame)
V100: Use 99.80 and 100.20 (on 5 mins time frame)
Step Index: 99.99 and 100.01 (on 5 mins time frame)
NAS 100: 99.90 and 100.10 (on 5 mins time frame)
Boom and Crash: 99.95 and 100.05 (on 5 mins time frame)
XAUUSD: 99.95 and 100.05 (on 15 mins time frame)
EURUSD and other Forex: 99.95 and 100.05 (on 1 hr time frame)
Buy trigger occurs on the Indicator window 2 when the Red Momentum line cross above the two Moving Averages.
On the other hand, Sell trigger occurs on the Indicator window 2 when the Red Momentum line cross below the two Moving Averages. See image below;
- Firstly, allow Trend development and confirmation on Indicator Window 1,
- Allow Buy or Sell signals to occur on Main Window,
- Ensure you have Buy or Sell trigger on Indicator Window 2 (after conditions 1 and 2 above have been met) before you execute your trade(s).
V75 5 MINS TIME FRAME 11 APR 2020 10:30 GMT
V100 5 MINS TIME FRAME 11 APR 2020 13:30 GMT
CRASH 1000 1 MIN TIME FRAME 18 APR 2020 17:15 GMT
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