FX:NZDUSD   Neuseeländischer Dollar / US-Dollar
27 0
These indicators are also excellent for scalping on low time-frames (like 1min chart); I tested them & they proved to be reliable (in getting some pips here & there in volatile/ranging/sideways market movements)... But I'll also be using them to analyse longer term time-frame charts (e.g. 1hr & above)...

The basic concept is to identify overbought & oversold conditions to take the trade-position, & catch the price movement (when it's time for the price to reverse/rebound/pullback again shortly)...: Trades may last a short time, executed & closed rapidly; ranging from few seconds to couple of minutes (scalping on 1min chart)... But the principles of the indicators should also work/function accordingly in the longer time-frame charts (e.g. like the 4hr & 1d)...

I also have everything loaded in my live trading platform as well (but I have a slightly more advance MACD indicator in there just no Stoch RSI unfortunately, which is a terrific indicator for saving me from potential bull/bear traps; so I have to use the Stoch Oscillator & customize that instead, but it is still no where near)...

They can bring me the dough, so why not...

Happy pipping...
All the best.
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