What is Your Scalping Indicator?

[aryan]

I have not used the Bollinger band and i would like to learn them so that i can make some good profits from the business of Forex.

Though being a day trader i am not a scalper at all

[unknownxxx]

I use bollinger band indicator for scalping, I buy or sell when the candle is in the upper or lower line especially if it goes out of those line because it will come back inside the bollinger bands again for sure, then I take profit when it hits the middle line but sometimes earlier than that when I feel that it will not hit the middle line.

[shaonmra]

I have not used the Bollinger band and i would like to learn them so that i can make some good profits from the business of Forex.

Though being a day trader i am not a scalper at all

Bollinger band trading requires that you understand all of these concepts completely in making trading decisions using the bands.

1.Bollinger band squeeze
2.Bolinger band continuation
3.Bollinger band reversal

What makes Bollinger bands even more unique are the advanced concepts that accompany these signals that form.

As you observe a continuation, a squeeze or a reversal pay special attention to how the upper and lower bands respond to approaching price action.

take a look at the following diagram closely and with careful study because grasping the following is the golden key to successful Bollinger band trading.



Bollinger band trading tactics for advanced traders

The candlesticks present represent current approaching price action to the upper or lower band. Lets start with #1.

1. Extremely bearish, price is falling to a lower band and the KEY is of course watching both the upper and lower band as price approaches. In this case the upper is rising while the lower is falling indicating not only a potential explosion in price but one to the downside is extremely likely.

2. Extremely bullish, price is rising to the upper band and the KEY is keeping a watchful eye on BOTH band as price approaches. In this case the upper band haeds UP and the lower band falls, indicating a potential price explosion to the upside.

3. Price approaches the lower band while the upper and lower band remain flat. This is very insignificant and should be ignored unless things change.

4. Price approaches the upper band while the upper and lower bands remain flat. This is also insignificant and best left for the amateurs to enter.

5. Bearish candlestick at a lower band while band constrict - this is a sign that price is likely at least for now going nowhere. Wait do not enter.

6. Same here, a bullish candlestick at the upper band while the bands are constricting is a sign that not much is about to happen just yet.

7. Like #1 this is a sign that price is going to make a nice move but the lack of the upper band hooking up indicates that the move for now won't necessarily be explosive.

8. Also similar to its counterpart in that price will likely move but not to the explosive level that would be expedited if the lower band was hooking downward. The lack of the lower band hooking down limits the potential move here.

source : http://bollingerbandgenius.com/

[zoomfire]

mostly i wont scalp much and if i do also i will use MACD and i will watch the chart pattern a lot.So i feel that a combination of macd and correct analyses of chart pattern will help in scalping.

[nsawork]

I use an indicator Bollinger for scalping, while sideway then the center line of Bollinger bands will move flat, I'll use the style of scalping in the current market sideway

I have not used the Bollinger band and i would like to learn them so that i can make some good profits from the business of Forex.

Though being a day trader i am not a scalper at all

[Ronak]

i started trading with scalping trading styleee,...and i use MACD,parabolic sar,,bolinger bands,,stochastic,,this all are useful when we are trade using 5m or 15m chart.....

[trijay]

I use an indicator Bollinger for scalping, while sideway then the center line of Bollinger bands will move flat, I'll use the style of scalping in the current market sideway

[shaonmra]

I use Bollinger Bands, RSI, MA, Trend Signal for always trading. Most effective for scalp is Bollinger Bands, RSI. These instigator is really nice and use time frame 5-15 minute for better result while scalping.

[mayengbam]

All member that scalper trader type
can you share what your indicator to scalping

thanks for your attention and share it here...

well, for scalping i use bollinger bands, RSI, stochastic along with the candlestick. And sometimes i add parabolic sar too

[hotshotboyz]

All member that scalper trader type
can you share what your indicator to scalping

thanks for your attention and share it here...