3 Candles Reversal Forex Scalping Strategy
This is a scalping strategy that uses a 15 minute to higher timeframe with support and resistance indicator. This is the kind of system that determines reversal. It can be used during New York and London session and is applicable to any currency pairs.
- Reversal indicator V.2 Numbers of Candles (3)
- Pivot Points levels.
- JMO indicator ( 3,3,3).
- The buy arrow must appear.
- Enter long trade when the JMO indicator crosses upward.
- The sell arrow must appear.
- Enter short trade when JMO Indicator crosses downward.
- Quick take profit: (15 min: 8-10 pips, 30 min: 12-16 pips or at the pivot points levels).
- Place stop loss at 15 pips below or above the entry bar.
Forex Strategies Installation Instructions
3 Candles Reversal Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
3 Candles Reversal Forex Scalping Strategy provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
Forex Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
How to install 3 Candles Reversal Forex Scalping Strategy?
- Download 3 Candles Reversal Forex 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
- Right click on your trading chart and hover on “Template”
- Move right to select 3 Candles Reversal Forex Scalping Strategy
- You will see 3 Candles Reversal Forex Scalping Strategy is available on your Chart
Click here below to download: