Forex TFX Obos Scalping Strategy
Forex TFX Obos Scalping Strategy:
Time Zone: London and New York Session.
Pairs: Eur/USD, Aud/USD, GBP/USD.
Time Frame:5 min
TFX Scalping Indicators:
TFX Pivot Points;
TFX Pivot Pro;
TFX Trend Bars;
TFX Reversal;
Direction;
TFX Obos oscillator (8)
Long Entry:
TFX Reversal Green arrow confirmated by:direction green arrow, TFX Obos oscillator >0.
Short Entry:
TFX Reversal red arrow confirmated by:direction red arrow, TFX Obos oscillator <0.
Exit Position
When TFX Reversal indicator reversal signal.
When teh price touches the pivot point.
Target Profit:6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD.(Recommended)
Stop Loss:
for buy on Cyan Arrow Direction;
for sell in Red Arrow Direction.
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 TFX Obos Scalping Strategy?
- Download Forex TFX Obos 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 TFX Obos 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”.
