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othman mekouar script version 4

797
its a mix of ema, atr and ut bot alerts, its provide entries with the buy and sell signals

for me as a scalper the best time frame is the 1 min time frame

i took calls when the signal (buy) is above the 200 ema (the yellow line)

i took puts when the signal (sell) is bellow the 200 ema (the yellow line)

the taking profit or stop loss is the ATR line

i look also a lot at the trend lines, a signal with a break above or below the trend line confirms me a A+ setup

the think that i like the most about this strategy is your risk reward, usually i lose maybe 5 to 15% on a trade but i can win sometimes more than 100% in one trade)

There is also a lot of ways to adapt the indicator to the time frame you trade, as a scalper use the 1 min time frame, if you are a swing trader, you can use the 15min time frame or the 1h time frame, if you are a long term trader, you can use the 4h or daily time frame

feel free to contact me if you need any help

lets make money

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