3 Fast Moving Average Forex Scalping Strategy
This is a scalping strategy that makes a trade decision by following the direction of the trend. This system uses fast moving averages and Morfeo indicator to identify the market trend. This is useful in a 5-15 minute timeframe. This is applicable to any currency pairs.
- MA (Moving Average) fast 3
- MA (Moving Average) fast 7
- MA (Moving Average) fast 14
Bullish Trend: EMA 3 is above EMA 7, EMA 3 and 7 is above 14.
Bearish Trend: EMA 3 is below EMA 7 and EMA 3 and 7 is below 14.
- The asterisk must cross the middle-level line going UP.
- EMA 3 is above EMA 7, EMA 3 and 7 is above 14.
- Switch to the next higher timeframe. For example, if you are on a 5-minute chart, switch to 15 minutes. This is to ensure that the MAs are arranged.
- Just the opposite of buying conditions
- When 3 ma crosses in the opposite direction of MA 14.
- Quick take profit but also depends on the currency and the timeframe.
- At the levels of fibo pivot line.
- Place an initial stop loss on the previous swing.
Forex Strategies Installation Instructions
3 Fast Moving Average 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 Fast Moving Average 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 Fast Moving Average Forex Scalping Strategy?
- Download 3 Fast Moving Average 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 Fast Moving Average Forex Scalping Strategy
- You will see 3 Fast Moving Average Forex Scalping Strategy is available on your Chart
Click here below to download: