Very Accurate Scalping Strategies With Bollinger Bands And Zig Zag

March 5, 2014 Forex Scalping

Simple Scalping Using Bollinger Bands Confirmation

scalping-forex-with-bollinger-bands-and-zigzag

Scalping With Bollinger Bands And Zigzag

Tonight i will share my tested scalping strategies with bollinger bands and four zig zag. One of the best pair on using this scalping strategies in eurusd,usdjpy,eurjpy. This is my three favorite pairs. But before we take action to trade with this accurate scalping strategy, money management still have to be applied on each entry lot and combined it with averaging 15-30pips per step.

Scalping Parameters

We can use this strategy on m15, h1 or h4 time frame. Variable this scalping strategies see below :

BB Pink [Period : 15, Shift: 0, Deviation : 1, Apply : Close]
BB White[Period : 15, Shift: 0, Deviation : 2, Apply : Close]
BB Blue [Period : 15, Shift: 0, Deviation : 3, Apply : Close]
ZZ 14,5,3 ==> white
ZZ 50,5,3 ==> red
ZZ 100,5,3 ==> yellow
ZZ 200,5,3 ==> pink

Here is screenshot below that how scalping strategies with bollinger bands and zig zag give us a accurate signals.

Sell Signal Scalping With Bollinger Bands And Zig Zag

SELL IF :

ZZ 100 [Yellow] or ZZ 200 [Pink] Breakout Upper BB White [Deviations 2] or Blue [Deviation 3] TP 1 Median BB Blue [Deviations 3] TP 2 Lower BB Pink [Deviations 1] TP 3 Lower BB White [Deviations 2]

Buy Signal Scalping With Bollinger Bands And Zig Zag

BUY IF :

ZZ 100 [Yellow] or ZZ 200 [Pink] Breakout Lower BB White [Deviations 2] or Blue [Deviation 3] TP 1 Median BB Blue [Deviations 3] TP 2 Upper BB Pink [Deviations 1] TP 3 Upper BB White [Deviations 2] Template Simple Scalping Strategy Download Here .

Accurate signals will get if we use four hour or daily time frame as our based trend and apply the terms of condition of buy or sell signals in 5 minutes or 15 minutes chart. Example : as long in four hour or daily time frame there is no terms of condition of buy signals then it would be down trend still remain and we only take a looking for sell signals parameters on 5 or 15 minutes chart and vice versa.

Conclusion

This simple price action trading strategies still need combined with averaging and tight money management. Suggestion averaging with 15-30pips on h1 and h4 time frame. If zigzag 200 appear on h1 time frame you can starting this strategy. More accurate if zigzag 100 and 200 appear on h1 time frame and four hour time frame (price at least above/below bollinger bands deviation 2 and 3) and also remember this two big period zig zag 100 and 200 it have to be on supply demand zones level and entry still need confirmation from candlestick basics confirmation to get a valid signals, this could bring us wealth pips every week. We can use this system on M15 Time Frame. I’ve hope this scalping strategies using bollinger bands and zig zag can give us more pips in every day trades.