Forex MA Histogram Scalping Strategy
Forex MA Histogram Scalping Strategy:
Ma histogram scalping is an intraday system trend-momentum based on moving average and Bressert Stochastic oscillator. The but of this system is find the best trades with less loss. This system is able to identify good trading opportunities.
This system is designed for the intraday trading but can also be used in swing with appropriate settings. In addition to time frames of 5 min or 15 min it can be used for trading binary options high / low (expiry time 4-6 candles).
Metatrader Indicators:
Any candle,
Targgets Bands,
DSS bressert stocastic oscillator (8, 13),
MA Histogram ( 5, 100).
Trading rules MA Histogram Scalping
Buy
1. Trend of the day is bullish (daily candle color green);
2. MA Histogram (100, 5) is color blue;
3. Price is above middle band or upper band;
4. DSS Bressert stochastic the dots went below 20 level and color turns blue;
5. Buy order when DSS Stochastic becomes BLUE and bar is closed.
Sell
1. Trend of the day is bearish (daily candle color green);
2. MA Histogram (100, 5) is color red;
3. Price is below middle band or lower band;
4. DSS Bressert stochastic the dots went above 20 level and color turns red;
5. sell order when DSS Stochastic becomes red and bar is closed.
Exit position
Place initial stop lolss on the previous swing high/low.
Make profit at the middle band or opposite band or with predetermine profit target that depends by time frame and currency pairs.
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 MA Histogram Scalping Strategy?
- Download Forex MA Histogram 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 MA Histogram 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”.
