Forex Nonlagma Stochastic Scalping Strategy
Forex Nonlagma Stochastic Scalping Strategy;
Nonlagma Stochastic is a trend momentum strategy based on stochastic and Moving average. This template is and evolution of the classic strategy Moving Average 100 period and stochastic. The main difference is that in this template the moving average is fast and I use two stochastic signals.
Time frame 15 min or higher.
Finanancial market:any.
nonlagma period 9,
Stochastic cross alert ( 5,3,3, 90-10),
Spud stochastic with arrow (level up 85, level down 15).
Nonlagma Stochastic trading rules
This strategy is designed for fast profits.
Buy
Stochastic cross alert buy arrow or Spud stochastic buy arrow
confirmed by nonlagma blue line.
Sell
Stochastic cross alert sell arrow or Spud stochastic sell arrow
confirmed by nonlagma red line.
Exit position is fast and depends by currency pairs and time frame.
Example EUR/USD 15 min profit target =9 pips, EUR/USD 30 min profit target = 12 pips. AUD/USD 15 min profit target =8 pips, AUD/USD 30 min profit target = 11.
This strategy tends to have a high profitability around 70% but has a stop loss / profit ratio less than 1, so the key to this strategy is the optimal management of the trades. We must experience on demo accounts to learn how to manage trades for this purpose can also be used to support and resistance levels.
If managed well this is a winning strategy.
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 Nonlagma Stochastic Scalping Strategy?
- Download Forex Nonlagma Stochastic 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 Nonlagma Stochastic 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”.
