Forex Laguerre Based Scalping Strategy
Forex Laguerre Based Scalping Strategy:
5 min scalping with Laguerre is a momentum system based on Laguerre ACS and a Momentum indicator as filter. This strategy based on the momentum may sometimes be against the trend.
Do not have open positions before the news.
Session of trading: all.
Time Frame 5 min.
Currency pairs: GBP/USD, EUR/USD, USD/JPY, GBP/JPY.
Laguerre gamma 0.6 levels: 0.9 -0.1,
Momentum Indicator 12 period.
Trading Rules 5 min scalping with multipositions
The positions are close at next opposite signal or with profit target.
Buy
Laguerre ACS is above of 0.1 level from the bottom.
Momentum histogram above 0 zero level.
Close position at the next opposite signal or with profit target 10 pips.
Place initial stop loss of 12 pips.
Sell
Laguerre ACS is below of 0.9 level from the top.
Momentum histogram below 0 zero level.
Close position at the next opposite signal or with profit target 10 pips.
Initial stop loss of 12 pips.
You can apply this slow progression martingale positions:
0.01, 0.01, 0.02, 0.02, 0.03, 0.03, 0.04, 0.04, 0.05 0.05, 0.06 0.06, 0.07, 0.07.
This is a winning forex strategy.
Tips: during the Tokyo session, decrease the profit target.
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 Laguerre Based Scalping Strategy?
- Download Forex Laguerre Based 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 Laguerre Based 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 Laguerre Based Scalping Strategy
