Open Scalping Volatility Trading System is known as the best trend following trading strategy among the top Forex tools available so far. It provides a complete Forex trend based trading solution to its users. All you need to do is to follow the system rules while trading at the market.
Open Scalping Volatility Trading System is adjustable to all kind of timeframe charts and also fits with any tradable Forex currency pairs. Thus, this system has earned an wide acceptance among the traders of all levels in Forex market.
Open Scalping Volatility Trading System Overview:
After the installation of Open Scalping Volatility Trading System at your MT4 terminal, your trading chart will be appeared as the following image:
| Time Frame | Currency Pairs | Indicator Factors | Ratings |
| Any | Any | 5 | 9.8/10 |
Open Scalping Volatility Trading System Anatomy:
- Auto Pivot Indicator: This indicator calculates the pivots and plots the levels with dotted horizontal lines. Thus, it helps traders to find the daily important market levels automatically on a daily basis.
- Non Lag Dots: It almost looks like the well known Forex indicator ‘Parabolic SAR’ and works with the same manner as well. Price closes above the dots signals the bullish momentum and closes below the dots signals the bearish mode of the market.
- Percentual ZigZag: It plots the momentum signal with its up/downward arrows. A yellow upward arrow signals the bullish momentum and a red downward arrow represents the bearish thrust of the price.
- Volatility Pivot Level: This tool works as a dynamic support and resistance. It changes its levels automatically with the change of price action. Thus, it enables traders to update or adjust the stop levels while in a trade.
- Price Trigger Signal: It gives traders a green signal while making a market entry. Its value turns positive signals the buy entry and in a contrary, a negative value signals the sell entry at the current market price.
Recommended: CAP Channel Trading Indicator MT4
Open Scalping Volatility Trading System: Buy Parameters
- Price closes above both Non lag Dots and Volatility Pivot levels
- Price is supported by the current Auto Pivot levels
- Percentual ZigZag plots an upward arrow below the signaling bar
- Price Trigger Signal value turns positive
- Buy triggers when all above conditions are met
- Set stop loss below the current Volatility Pivot level
- Exit long whenever price reaches the next Auto Pivot level, closes below the dots and the Percentual ZigZag plots the red downward arrow at the same time
Open Scalping Volatility Trading System: Sell Parameters
- Price closes below both Non lag Dots and Volatility Pivot levels
- Price is resisted to go up by the current Auto Pivot levels
- Percentual ZigZag plots an downward arrow above the signaling bar
- Price Trigger Signal value turns negative
- Sell triggers when all above conditions are met
- Set stop loss above the current Volatility Pivot level
- Exit short whenever price reaches the next Auto Pivot level, closes above the dots and the Percentual ZigZag plots the yellow upward arrow at the same time
