BeanFX Volatility 100 Index Scalper

BeanFX Volatility 100 Index Scalper  will assist Volatility Index 100 traders on how to scalp quick profits when trading Volatility index 100. This strategy is a combination of three Meta Trader 5 indicators.

Basically, the indicators are Moving averages, Bollinger Bands and MACD. The ideal time frame for this strategy are 15 mins and 30 mins time frames. (Please try this strategy on a demo account before going live).

 

 


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How To Setup The Indicators

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Bollinger bands indicator and moving average are both installed on the main MT5 window with the following settings:

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When the Red moving average cross the Blue Bollinger Bands up, that is a BUY signal. Buy confirmation is when price retest and break higher.

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When the Red moving average cross the Blue Bollinger Bands down, that is a SELL signal. Sell confirmation is when price retest Bollinger bands and break lower.

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Indicator Window 1

MACD with moving average indicator is installed on Indicator Window 1 with the following settings:

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Prepare to scout for Buy signal on the main chart whenever the Red moving average line cross up on the zero MACD level.

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Prepare to scout for Sell signal on the main chart whenever the Red moving average line cross down on the zero MACD level.

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Take Profit and Stop Loss Levels;

When buying, place your take profit at the nearest resistance.

Stop loss for the buy trade may be placed below the Bollinger Band.

For a sell trade, place take profit at the nearest support.

Stop loss for the short positions may be placed above the Bollinger Bands.

 

V100 EMA 18 JAN 2020 10:20 GMT

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AFTER

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V100 SCAPER 21 MAR 2020 10:20 GMT

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Volatility

 

Referral links;

(Broker: Binary…https://record.binary.com/_WxWzztorkVi6tyDIijdDK2Nd7ZgqdRLk/1/)

(Broker: Alpari …   https://alpari.com/en/?partner_id=1244646)

(Broker: Exness … https://www.exness.com/a/t0q1u0q1)

(Broker: FXTM… http://forextime.com/?partner_id=4806145)

(Email: beanfxtrader@gmail.com)

(Telegram:  https://t.me/joinchat/AAAAAE97zaWdZg5KBbrIVQ)

8 Replies to “BeanFX Volatility 100 Index Scalper”

  1. Hello
    Is there indicators which covers all vix index at once without having to change indicators for each index

  2. Ive noticed that this strategy works where there are reversals only (or at least thats what is used in this article). How or what signs do we look for when there is a trend continuation after a price consolidtion or unxpected price spike?

    1. Look out for higher highs and higher lows, in Bullish Trend continuation. Also look out for lower lows and lower highs for downtrend continuation.

  3. I’m Samuel paul from I like trading volatility index but I can not tolerate with my analysis I always close my business when I see my business running out with small loss like 2 usd finally I may close five time and lose 10$. so help me how to stick on the business and generate my profit even if its little.

  4. I like trading volatility index but I can not tolerate with my analysis I always close my business when I see my business running out with small loss like 2 usd finally I may close five time and lose 15$. so help me how to stick on the business and generate my profit even if its little.

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