Forex Chimp Master Scalping Strategy
Forex Chimp Master Scalping Strategy:
Time Frame 5m
Pairs: EUR/USD, GBP/USD, AUD/USD.
Metatrader Indicators:
ADXVMA16Bar
ADXVM12Bar
TLOMI Nonlag v.4
Chimp2.1 with ma
MA Cross OC
Long Entry:
ADXVMA12Bar and TLOmi non lag >ADXVMA16 Bar;
Ma>Chimp2.1;
wait blue arrow MA Cross OC.
Short Entry
ADXVMA12Bar and TLOmi non lag <ADXVMA16 Bar;
Ma<Chimp2.1;
wait red arrow MA Cross OC.
Exit Position
For Buy when appears red arrow;
for Sell when appears blue arrow;
Profit Target:
EUR/USD 7 pips GBP/USD 9 pips, AUD/USD 5 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 Chimp Master Scalping Strategy?
- Download Forex Chimp Master 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 Chimp Master 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”.
