Forex Holy Grail Channel Scalping Strategy

Forex Holy Grail Channel Scalping Strategy

Forex Holy Grail Channel Scalping Strategy;

Forex Holy Grail Channel Scalping Strategy

Channel Buy Sell is a trend following strategy based on envelopes and grail indicator (developed by Proximus). This strategy is clear and simple.

Time frame 15 min or higher.

Financial market:any.

Metatrader indicators:

exponential moving average period 7, close, shift -1;

exponential moving average period 6, open, shift -1;

Magic grail 1.6, main period 10, ADX 7. (In the folder in attach there are other versions of Magic grail but the best is MG 1.6);

Envelpes ma period 233, ma shift 3, deviation 1.44.

 

Trading rules Channel Buy Sell

Above the middle line of the envelopes ( blue line) only buy.

Below the middle line of the envelopes (blue line) only sell.

 

Buy

Price above middle line of the envelpes.

Magic grail 1.6 indicator buy arrow.

MA 6 > MA7.

Sell

Price below middle line of the envelpes.

Magic grail 1.6 indicator sell arrow.

MA 6 < MA7.

Exit position more options:

at the opposite arrow;

with predetermined fast profit target (reccomended).

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 Holy Grail Channel Scalping Strategy?

  • Download Forex Holy Grail Channel 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 Holy Grail Channel 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 Holy Grail Channel Scalping Strategy

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