Forex Turtle Channel Scalping Strategy
Forex Turtle Channel Scalping Strategy:
Time Frame 15 min;
Currency pairs Majors.
Metatrader Indicators:
CCI (14);
Barry Support and resistance;
Turtle Channel.
Long Entry:
Turtle Channel Blue;
CCI >75;
Buy if the candle price close above red dot barry resistence;
Short Entry
Turtle Channel Red;
CCI <-75; Sell if the candle price close below blue dot barry support;
Profit Target8-13 pips depends by Currency pairs.
Stop loss:
for buy 3 pips below blue dot barry support.
for sell 3 pips above red dot barry resistance.
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 Turtle Channel Scalping Strategy?
- Download Forex Turtle Channel 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 Turtle Channel 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”.
