Forex RBCI Powered Scalping Strategy
Forex RBCI Powered Scalping Strategy:
Time Frame 5 min or higher
Currency pairs:majors
Forex Indicators
LWMA 4 High
LWMA 4 Low
21 EMA
50 EMA
RBCI
Long Entry
Condition:
Trade only in trend.
The Trend:
When H and L 4LWMA >21 Ema and 50 EMA.
Buy
Wait RBCI is below line acqua when crosses up aqua line place an buy.
Short Entry
Condition:
Trade only in trend.
The Trend:
When H and L 4LWMA <21 Ema and 50 EMA .
Sell
Wait RBCI is above blue line when crosses down blue line place an sell.
Profit and Stop loss for 5 min TF
Profit5-10 pips (AUD/USD, USD/CHF, USDCAD, profit 6 pips, EUR/USD profit 7-8 pips, GBP/USD 9-10 pips)
Stop Loss9-12 pips
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 RBCI Powered Scalping Strategy?
- Download Forex RBCI Powered 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 RBCI Powered 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”.
