Hitman Forex Scalping Strategy
This is a scalping method where in it uses a five minute timeframe. Exponential Moving Averages are the one holding this system for it uses more on EMAs. It also uses Laquerre for confirmation purposes.
There is a manual attached to this strategy.
This is applicable only for a 5 minute timeframe.
Here are the methods on how to use this system:
For Long Entry:
- The closing price must stay above the EMA 16.
- The EMA 16 must be above the EMA 48
- Laguerre cuts above 0.8 level
- Place stop loss at around 30 pips form entry point.
- Take profit half of your position when price has gone above 20 pips
- Take profit the rest when the EMA 16 cuts below EMA 48 and closing price stays below the EMA 48 on 5 minute chart
For Short Entry:
- The closing price must be below the EMA 16
- The EMA 16 cuts or stays below EMA 48.
- Laguerre cuts below 0.2 level
- Place your stop loss around 30 pips from the entry point.
- Take profit half of your position when price has gone below 20 pips
- Take profit of the rest when the EMA 16 cuts above EMA 48 and closing price stays above the EMA 48 on 5 minute chart.
Forex Strategies Installation Instructions
Hitman 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.
Hitman 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 Hitman Forex Scalping Strategy?
- Download Hitman 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 Hitman Forex Scalping Strategy
- You will see Hitman Forex Scalping Strategy is available on your Chart
Click here below to download: