Forex GMMA Angle Scalping Strategy
Forex GMMA Angle Scalping Strategy:
Time Frame 1min or Higher
Currency Pairs: any
Indicators:
Ema (60,50, 45, 40, 35, 30 GMMA Short), (3,5,8,10,12,15 GMMA LONG)
SMC Scalper Candles
EMAAngle
Pivot
Long Entry
GMMA long (Deep Sky) crosses GMMA sell (red)
EMAAngle > 0.33
Place an Buy order when the prices retraces on the EMA5.
Short Entry
EMA Angle < -0.33
Place an sell order when the price retraces on the EMA5.
Exit position:
Stop Loss on the level of the EMA 30
Profit Target on the pivot levels or predetermined PT. 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 GMMA Angle Scalping Strategy?
- Download Forex GMMA Angle 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 GMMA Angle 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”.
