Forex Absolute Strength Pama Gann Grid Scalping Strategy
Forex Absolute Strength Pama Gann Grid Scalping Strategy:
Time Frame 5 min
Currency Pairs: GBP/USD, EUR/USD, AUD/USD
Forex Indicators:
Absolute Strength (default)
Pama Gann Grid (default)
MACD (5, 15, 1)
Draw a horizontal line at value of 0.00030 on Absolute Strength. The area 0-0.0003 is flat zone.
Long Entry:
When The light blu line >Horizontal line,level > ma (color aqua),the Pama Gann Grid is direction up (green) and MACD>0. (do not go enter after 3 bars that appeared the arrow Pama Gann Grid)
Short Entry:
When tomato line >Horizontal line, level > ma (orange), the Pama Gann Grid is direction down (red) and MACD<0. (do not go after 3 bars that appeared the red arrow Pama Gann)
Exit Position:
When Pama Gann Grind changes position.
Target Profit 14 Pips GBP/USD, 12 pips EUR/USD, 10 pips AUD/USD.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Absolute Strength Pama Gann Grid Scalping Strategy?
- Download Forex Absolute Strength Pama Gann Grid Scalping Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Absolute Strength Pama Gann Grid Scalping Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
