Forex Action BBstop Scalping Strategy

Forex Action BBstop Scalping Strategy

Forex Action BBstop Scalping Strategy;

Forex Action BBstop Scalping Strategy

Scalping Action with Bbstop is a trend-momentum price action strategy for day trading. Price action because for filter there is also a high/low zig zag indicator.

I like this trading method, but in later stages can generate false signals.

Time frame 5 min or 15 min.

Currency pairs majors with low spread.

Trading Sessions: London and New York. Do not trades before the news.

Metatrader 4 Indicators

GP clock,

Signals bars V.6,

Cleon Heiken Aschi,

GWS Zig Zag point,

Super Signals V.2a,

Zig Zag take profit,

BBstop alert (8, 1, money risk 1.0),

Stochastic oscillator (8,3,3),

Forex signal 30 (high/low),

Zwinner Trend Indicator (price action indicator repaint).

Trading rules Scalping Action with Bbstop

Buy

BBstop alert buy arrow.

Cleon Heiken Aschi blue bar,

Stocastic oscillator crosses upward,

Forex signal 30 yellow dot,

Zwinner trend green bar.

Place initial stop loss below the previous low swing.

Profit Target 5-12 pips (5 min time frame)

Sell

BBstop alert sell arrow.

Cleon Heiken Aschi red bar,

Stocastic oscillator crosses upward,

Forex signal 30 red dot,

Zwinner trend red bar.

Place initial stop loss above the previous high swing.

Profit Target 5-12 pips (5 min time frame).

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 Action BBstop Scalping Strategy?

  • Download Forex Action BBstop 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 Action BBstop 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”.

Download Free Forex Action BBstop Scalping Strategy

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