Forex Extreme Zone Scalping Strategy
Forex Extreme Zone Scalping Strategy;
Time Frame 1min or higher.
Currency pairs:any.
Metatrader indicators:
MA 1444 HLC/3 (with envelope level 150, 300, -150, -300)
Sell Zone Fib
Assistent Scalping with Slope 7
Buy Zone MA 1444 ( above level 150 medium buy; above 300 level strong buy);
Buy Zone MA 1444 ( below level -150 medium buy; below -300 level strong buy)
Long Entry
- Price in Buy Zone
- Slope Crosses up
Short Entry
- Price in Buy Zone
- Slope Crosses up
Stop loss 5 pips below or above Sell Zone fib.
Profit target 6-15 pips depends on the currency.
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 Extreme Zone Scalping Strategy?
- Download Forex Extreme Zone 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 Extreme Zone 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”.