Forex Stochastic WMA Scalping Strategy
Forex Stochastic WMA Scalping Strategy:
Time Frame 5 min:
Currency pairs: majors;
Session Trade: all.
Indicators:
LWMA (3, 6, close HLCC/4);
MTF Stochastic (9, 3, 3)-TF 15min
Gold Miner
Long Entry :
when (WMA gives us alert to buy and ( MTF Stochastic crosses up ) amd Gold Miner acqua
Short Entry:
when (WMA gives us alert to sell and ( MTF Stochastic crosses down ) and gold miner red.
Exit position:
when appears opposit arrow.
Stop loss 10-15 pips.
Profit target: 10-15 pips
optional filter
Signal noise (sedimentation 40)
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 WMA Scalping Strategy?
- Download Forex Stochastic WMA 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 WMA 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”.
