5 MINUTES METHOD INTRADAY

5 MINUTES METHOD INTRADAY

5 Minutes Method is a trend following forex system for day trading.
Strategy setup
Currency pairs majors
Time frame 5 minutes.
Session London – New York 8:00 -19:00 GMT Berlin



Metatrader 4 indicators

Color Ma 14 periods.
Color MA 20 periods.
Parabolic Sar 0.01, 0.084, 0.1
Antibreak indicator.
Trading rules
Trade only outside the area delimited by the antibreakout indicator.
Wait until all three indicators are the same color.
Buy
Parbolic Sar below the dot.
Color MA 14 green.
Color MA 20 green.
Sell
Parbolic Sar above the dot.
Color MA 14 red.
Color MA 20 red.
Exit position
Place initial stop loss below/above the previous swing high/low.
Profit target 10-25pips depends on currency pairs.