Forex Box Intraday Scalping Strategy

Forex Box Intraday Scalping Strategy

Forex Box Intraday Scalping Strategy;

Forex Box Intraday Scalping Strategy

Box Intraday Trading is my secret for intraday trading, i want share this profitable strategy trend-reversal based on the price action around the box with Sap CCI.

Time Frame 15 min.

Financial marketes: Indices, EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, NZD/USD.

Metatrader Indicators:

SAP CCI period 6, phase 5.0, (show arrows enter zone );

Box Breakout C6544 Start 6:00 end 9:00 ( The use of this indicator is customized non-standard.)

Pet-D (good paint bar indicator trend following).

Trading rules Box Intraday Trading

Box Intraday Trading is trend-reversal

Trading in trend

Buy above gray area trend trading + SAP CCI Buy arrows

Sell below gray area trend trading + SAP CCI Sell arrows

Reversal

If the price came back from downward into the central box, Buy Reversal + SAP CCI Buy arrows

If the price came back from upward into the central box, Sell Reversal. + SAP CCI Sell arrows.

Exit position with predetermined profit target or at the opposite arrow.

Initial stop loss 15 20 pips.

Close all positions at the end of the day.

Example (EUR/USD 14 pips, GBP/USD 16 pips, USD/CAD 16 pips, USD/JPY 15 pips

DAX 20 points, Dow 30 points).

TIP:At the beginning you can use this strategy in one direction.

Which direction is more profitable reversal of trend?

On forex market reversal.

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 Box Intraday Scalping Strategy?

  • Download Forex Box Intraday 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 Box Intraday 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 Box Intraday Scalping Strategy

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