Forex Parabolic Sar MACD Scalping Strategy
Forex Parabolic Sar MACD Scalping Strategy;
Parabolic Sar Trend Scalper is a forex scalping strategy based on the parabolic sar indicator, Ema indicator and MACD indicator.
Time frame:5min;
Pair: Any
Indicators:
1 Parabolic Sar indicator colored(0.01-0.01);
2 MCAD colored (64, 128, 9);
3 100 EMA.
Long Entry:
When the price is above the EMA 100, and PSar dot is up and MACD>0.
Short Entry:
When the price is above the EMA 100, and PSar dot is down MACD<0.
Stop Loss:place stop loss 3 pips below o above the first PSar dot.
Take Profit: Price objective 7-12 pips or better.
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 Parabolic Sar MACD Scalping Strategy?
- Download Forex Parabolic Sar MACD 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 Parabolic Sar MACD 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”.
