Strategy for binary options, Forex and CFD - Viper Reversal Scalping System

Strategy for binary options, Forex and CFD - Viper Reversal Scalping System - a strategy that allows you to get accurate trading signals on a 1-minute chart to search for entry points into a trade.

Minimum Time Frame and expiration time

• Time Frame: M1
• Expiration time: 3 minutes (3 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M1
• Expiration time: 5 minutes (5 candles)

Indicators of the Viper Reversal Scalping System strategy

• ###Auto Pivot
• Alex5757000_MFTMA1
• AllAveragesCrossover_v1.1
• Binary Viper v2.00
• BO Trigger
• daily_open_line
• GannHiLo-Histo
• JMO_V5_Stoch
• MarCo-OsMA
• mtf_visualization_v1_5
• Session_Open_V-Line_Indi
• SitaringMultiCandleTime
• SupDem
• T3MA-Basic
• TMS 10EMA Dashboard (3)
• TVI
• xSuperTrend Tape MTF

Risk management

Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.

Viper Reversal Scalping System strategy: signal to increase

• The dashboard in the upper right corner shows the up direction on the 1-minute timeframe
• The price bounced off the blue support zone
• White moving average below the yellow dotted line
• In the first subwindow the lines intersect and are directed upward
• The basement indicator columns are colored green
• Up arrow appears

Viper Reversal Scalping System strategy: downside signal

• The dashboard in the upper right corner shows the downward direction on the 1-minute timeframe
• The price rebounded from the red resistance zone
• White moving average above the yellow dotted line
• In the first subwindow the lines intersect and are directed downward
• The columns of the basement indicators are colored red
• Down arrow appears

Trading on Forex and CFD

• Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
• The trade is opened after receiving a signal from the trading strategy
• The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
• The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
• Take Profit to Stop Loss levels are set depending on the selected time frame
• The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading