New York Session Forex Scalping Strategy
This is a scalping method wherein you have to use EMAs or exponential moving averages to identify a trend. This system works on EURUSD and GBPUSD pairs. Use this strategy during New York session. You can use this on a 5-minute chart.
- Heiken Ashi;
- Exponential Moving Average 5 periods;
- Exponential Moving Average 10 periods;
- EMA Crossover Signal (4, 8, signal true);
- MACD (Fast EMA 9, Slow EMA 26, Signal SMA 9);
- Stochastic Oscillator (10, 3, 3, High/Low);
- Relative Strength Index (9 periods).
- Heiken Ashi must be green.
- The stochastic oscillator must cross upward.
- Relative Strength Index (9 periods) is greater than 50-level.
- Heiken Ashi must be red.
- The stochastic oscillator must cross downward.
- Relative Strength Index (9 periods) is less than 50-level.
- Exit the trade at the opposite arrow or quick take profit.
- Place initial stop loss below the previous swing.
Forex Strategies Installation Instructions
New York Session 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.
New York Session 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 New York Session Forex Scalping Strategy?
- Download New York Session 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 New York Session Forex Scalping Strategy
- You will see New York Session Forex Scalping Strategy is available on your Chart
Click here below to download: