Forex Stochastic Winning Scalping Strategy
Forex Stochastic Winning Scalping Strategy;
Time Frame 15 min, but this tradig system works all time frame.
Currency pairs:any.
Stochastich Scalping indicators:
Stochastic (5,3,5,);(overbought 80 – oversold 20).
BSVG-var (25,14,14,21) (overbought 55 , oversold -55).
Stochastic Scalping Buy
When BSVG-var it crosses the -55 line from above, it is a bearish signal and wait that stochastic crosses upward.
Stochastic scalping Sell
When BSVG-var it crosses the 55 line from below, it is a bullish signal and wait that stochastic crosses downward.
Stop Loss
Putting stop loss above recent swing high or swing low.
So for long trades please place stop loss 5 pips below the lowest low of last 4 bars, and for short trades please place stop loss 5 pips above the highest high of last 4 bars.
Profit Target 8-15 pips or on the pivot levels o supports and resisteances.
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 Stochastic Winning Scalping Strategy?
- Download Forex Stochastic Winning 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 Stochastic Winning 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”.
