Forex Anti Scalping Strategy
Forex Anti Scalping Strategy;
This Trading System is only for ECN Brokers Accounts
His one’s a Linda Bradford Raschke original.
Pairs:Major
Time frame: 1M, 5M.
Indicators:
Stochastic Indicator with Moving Average.
Setup: On 5 minute bars, we use a 7 period slow stochastic indicator, with a 10-period moving average of it to act as a trend filter.
Entry: Buy at market when the 7-bar stochastic indicator crosses above its own upward sloping 10- bar period moving average line on the close of any 5 minute time-period;
Sell at market when the indicator crosses beneath its own downward sloping 10-bar moving average line on the close of any 5- minute time-period.
Profit Exit: Close out for profit at a 8 pips
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 Anti Scalping Strategy?
- Download Forex Anti 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 Anti 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”.
