Daily Forex Scalping Strategy
This is a scalping strategy that uses simple and basic indicator that is easy to comprehend. I will use an EMA indicator to determine the trend. It will also use MACD and CCI.
Timeframe would be a chart that is good for scalping and 5 minutes will do.
- EMA 21
- MACD – default
- CCI – default
- EMA 21 must be less than the price.
- MACD is greater than 0.
- CCI is greater line MACD.
- Place stop loss at 40 pips and take profit at 50 pips.
- The price must be less than the EMA 21.
- MACD is less than 0.
- CCI is less than line MACD.
Take profit at 50 pips and stop loss would be 40 pips.
Forex Strategies Installation Instructions
Daily 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.
Daily 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 Daily Forex Scalping Strategy?
- Download Daily 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 Daily Forex Scalping Strategy
- You will see Daily Forex Scalping Strategy is available on your Chart
Click here below to download: