Forex WPR Buy Sell Scalping Strategy
Forex WPR Buy Sell Scalping Strategy:
Time Frame:
15 min, 30 min, 60 min.
Currency pairs:majors.
Metatrader Indicators:
Pivot levels;
color MA( 12, 1, green buy, red sell);
TMA True with distance;
WPR Fast;
WPR Low.
First step is to identify the trend. Next step is to make sure that
current wave is moving in the same direction. Only then, we can
safely open a trade.
Sell
1 – We have color ma red cross downward middle band of TMA True (yellow line);
2 – WPR Bars (low and fast) are RED
That means according to current market conditions we have a
SELL signal.
Buy
1 – We have color ma green cross upward middle band of TMA True (yellow line);
2 – WPR Bars (low and fast) are yelllow
That means according to current market conditions we have a
Buy signal.
stop loss should be 3-5 pips below/above middle band (yellow line);
Profit Target on the pivot levels or predetermined.
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 WPR Buy Sell Scalping Strategy?
- Download Forex WPR Buy Sell 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 WPR Buy Sell 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”.
