Forex MACD Trend Scalping Strategy
Forex MACD Trend Scalping Strategy:
This Scalping system is based on the 4MACD indicator.
The 4MACD indicator is a simple combining of 4 MACD’s into a single indicator as a single indicator in one window. It is designed to show current movements as a positive and negative image, (green, yellow, or red blue) and must be used, for trading systems trend following orreversal forex strategies.
Rules 4MACD Trend Scalping System
Currency Pairs: AUD/USD, EUR/USD, GBP/UD, USD/CHF
Time Frame 15 min.
Forex Indicator:
1° MACD indicator (17,7,5);
2° MACD indicator (5 ,13,5);
3° MACD indicator (17,14,5);
4° MACD indicator (12,18,4);
Delta Trend arrow indicator ;
Pivot points levels indicator.
Buy
Delta trend green arrow and MACD green bars of the Histogram MACD>0.
Sell
Delta trend green arrow and MACD green bars of rhe Histogram MACD<0.
Exit Position
At opposite arrow or at the Pivot points levels.
Stop Loss at the previous swing.
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 MACD Trend Scalping Strategy?
- Download Forex MACD Trend 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 MACD Trend 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”.
