Forex Kumaresen Eagle Scalping Strategy
Forex Kumaresen Eagle Scalping Strategy:
Time Frame: 5min
Pairs: AUD/USD, EUR/USD, GBP/USD, GBP/JPY
- Focus on Bollinger band
- Look for RSI
- See the trend strength
- Arrow symbol .order of preference are 3, arrow, dot.
How to Trade:
For taking Long position:
- Bollinger Band is the first to consider i.e., Look for price oscillations in the band either in the top half or in the bottom half 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.
Kumaresan system using rsi and bb
- Bullish signal is seen when the price is in the bottom half of the band on 4hrs, 1 hrs, 30 min, 15 min.
- If all are well, then see the free rsi in the next panel, it has to be in the converging mode from bottom and it has crossed in 5 min.
- Look for the 3 symbol in the chart.
- Enter BUY in the NEXT candle
- For taking short position:
- Bearish signal is seen when the price is in the top half of the band on 4hrs, 1 hrs, 30 min, 15 min.
- If all are well, then see the FREE RSI in the next panel, it has to be in the converging mode from top in 15 min and crossed in 5 min.
- Look for the 3 symbol in the chart.
- Enter SELL in the NEXT candle.
How to install Forex Kumaresen Eagle Scalping Strategy?
- Download Forex Kumaresen Eagle 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 Kumaresen Eagle 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”.
