Forex RSX Contrarian Scalping Strategy
Forex RSX Contrarian Scalping Strategy:
Time Frame 15 min.
Currency pairs:major.
RSX Contrarian Scalping System Metatrader Indicators:
RSX (14),
Damiani Volameter,
Stochastic (5,4,3),
Pivot Point.
Buy
RSX blue bars <0;
Stochastic Cross upward;
Damiani Trade Zone.
Sell
RSX red bars >0;
Stochastic Cross downward;
Damiani Trade Zone.
Exito position:
At the pivot levels;
Profit Target predetermined;
Stop loss at the prvious swing and after 6 pips in gain move stop loss 4 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 RSX Contrarian Scalping Strategy?
- Download Forex RSX Contrarian 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 RSX Contrarian 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”.
