Urban Towers Scalping Strategy
Can You link to the Blue Ma indicator. Works with any cross .
Style : Aggressive
- Navin
urbanforex
Style : Aggressive
- Navin
urbanforex
Style : Conservative then Aggressive
- Navin
urbanforex
hey, thank's for sharing your strategy!
what timeframe(s) are you on?
good luck 
Hi
Couldn't download the indicator, seems to be corrupt.
Any other link available?
Thanks, John
i think i'm blind. you're on M15 tf asyou wrote. i'm sorry for that
thanks for share your system , that's good strategy hope can get a stable result
Nice post!
What's the TP and SL for each trade? Do you use trailing stop order? What are the test results (for how long have you tested this?)
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Name : Urban Towers Scalping Strategy by urbanforex
Indicators : Blue MA
Time Frame : 15min
Description : During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high. Ok let me explain in details one by one.
Steps to Follow :
- Price is above the blue MA trend is up
- Price is below the blue MA trend is down
- Market retraces towards the blue MA with 3 consecutive lower highs (in a uptrend)
- At the break of the high of the last candle, we enter long (in a uptrend)
Trade Example Number 1
Alright, what do we know right off the bat by looking at this. We know the market is in a uptrend because the market is above the blue MA. The market retraced to the blue line with 3 consecutive lower highs (3 towers) as we can see the red candles above. Next, we entered long at the break of the high of the last retracement candle - which in this case is 3rd tower as we can see above. Ok 1 more example for you guys
Trade Example Number 2
Ok now here is a example of a no good trade.
Alright, in this example, the market was in a uptrend, it did a 1, 2, 3 tower retrace but it never had a breakout on the high of the 3rd tower, in fact, the market continued down and changed to a down trend. This example is to show that this strategy helps avoid many fake trades.
I hope you like it ! Let me know if you have any questions.
- Navin