rainbow

I decided to start to trade with Forex after deciding to start using sclaping technique. I made a search on Google about "forex scalping" and I found out a blog by an italian man (Darko) with strange but fascinating charts with what seemed to be a set of moving averages coloured with the colours of the rainbow.

I started reading and doing more and more searches and within a few hours I read a thousand forum posts by Linuxtroll, the creator of the rainbow. As I though the rainbow is made by a set of moving averages (WMA - Weighted Moving Averages)

I you want more infos on the rainbow you shoud start from the forum where all the users of this particular scalping setup post their thoughts and trades.

More infos on how it works and on how I use it in the next posts.

Ciao!

A.