Forex Disparity Index Strategy
Forex Disparity Index Strategy;
Disparity Index Reversal Scalping is an Forex Strategy based on Disparity index indicator and Stochastic indicator
What is Disparity Index:” Disparity Index as “a percentage display of the latest close to a chosen moving average. “
Disparity Index Reversal Scalping System setup
Time Frame all.
Currency pairs any.
Setting for Scalping System time Frame 15-30-60 min.
15 min 13 period, levels (0.2; -0.2) GBP/USD.
30min 13 period, levels (0.4;-0.4);
60 min 13 period, levels (0.5;-0.5);
Indicators:
Disparity index indicator;
Stochastic (8,5,3,) indicator.
Long Entry
Disparity Index crosses above its OverSold Level and wait that stochastic cross upward from OverSold Zone.
Long Exit
Disparity Index crosses below its OverBought Level, it’s Zero Level, or it’s OverSold Level.
Short Entry
Disparity Index crosses below its OverBought Level and wait that stochastic cross downward from Overbought zone.
Short Exit
Disparity Index crosses above its OverSold Level, it’s Zero Level, or it’s OverBought Level.
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 Disparity Index Strategy?
- Download Forex Disparity Index 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 Disparity Index 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”.
