Megatrend Forex Scalping Strategy
This is a scalping strategy that trade within the trend. It uses hull moving average to identify the trend. This is useful in a 5 minute timeframe. this works on any major currency pairs.
- FIP_LINE default ;
- ZIG ZAG POINTER default;
- MEGATREND (hull moving average) PERIOD = 50 ;
- FIP_LINE must show a trend up.
- MEGATREND must change color from red to blue and going up.
- Buy only when the bar open above the pivot levels.
- FIP_LINE show trend down.
- MEGATREND must change color from blue to red and going down.
- Sell only when the bar open below pivot levels.
- Repainting zigzag pointer does not go to next candle support or resistance.
- levels pivots has been reached.
- Profit Target Predetermined: EURUSD 8 pips, GBPUSD 9-10 pips, AUDUSD 6-7 pips.
Forex Strategies Installation Instructions
Megatrend 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.
Megatrend 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 Megatrend Forex Scalping Strategy?
- Download Megatrend 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 Megatrend Forex Scalping Strategy
- You will see Megatrend Forex Scalping Strategy is available on your Chart
Click here below to download: