Forex Twin Blade Scalping Strategy
Forex Twin Blade Scalping Strategy;
Currency pair:majors
Time Frame 1 min
Forex Indicators:
50EMA Smoothed;
20EMA Smoothed;
Max MACD in color TF 30.
Long Entry:
20EMA>50EMA and MACD>0;
Short Entry:
20EMA<50EMA and MACD<0.
Best Entry on retracement on the 20EMA level.
Exit 2 options:
1) opposite condition (with 15 pips stop loss) ;
2) Profit Target 25 pips, and Stop Loss 15 pips (Ratio 1;1,5).
Time Frame 5min
Currency pairs: Majors
Twin Blade is an variation of the Synergy system – TDI (trader’s dyn index – RSI with BB)-simplified, added altertrend(asctrend) signals, iTrend, which works good but needs to be adjusted (tuned-up)
Modified Heiken Ashi candles – Now you can see the white colored wicks from the green/pink bodies of the candles.
* Added Daily open line – Yellow line that will show you the distance from the daily candle open price.
* Added ASCTrend Sound Sandy – This indicator is a replacement for the dots indicator, it works somewhat the same way like the dots, except that it doesn’t repaint and also you can setup sound/message box alerts and even pop3 e-mail alerts.
* Added Daily fibo levels – You can now see the daily high/low of previous day and the retracement/extension levels. Blue is the daily fibbo, red is retracement levels down from low, aqua is extension levels up from high.
* Added Market Price – This indicator will provide some useful information’s like, High/Low, pip distance from high, pip distance from low, Pips from high to low, daily average, distance from day’s open, time & spread.
* Added iTrend indicator – This is a very important trend reader, when the pink and green line crosses it will tell you which way the trend and also the distance from the 0 level will tell you how strong that trend is moving on the 5mint chart.
* Added Bartimer – Its just a fancy indicator to tell u how much percentage of the bar is complete.
With Twinblade v0.1 , all you need to do is wait for the ASCtrend to alarm you with the box/sound. Then just check if the candles are breaking out from the moving averages, check if green rsi crossed the pink line and check if Itrend crosses and are away from the 0 line and you have a potential trade there !
No Significant changes done, except some audio/visual improvements and some visual ads.
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 Twin Blade Scalping Strategy?
- Download Forex Twin Blade 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 Twin Blade 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”.
