Stocycle Forex Scalping Strategy
This is a trend following scalping strategy that combines 2 indicators. The other one determines the trend and the other one determines the cycle. This system works on a 15-minute or higher timeframe and is applicable to any currency pairs.
- Trend indicator: I-High Low Middle indicator.
- Cycle indicator: Stocycle indicator.
- Stocycle indicator disc is dodger blue.
- The price is above green line of I-High Low Middle indicator.
- Stocycle indicator disc is pink.
- The price is below the green line of I-High Low Middle indicator.
- Target profit is determined per timeframe or at 1:1 ratio.
- Place stop loss at 3 pips above or below entry bar.
These are the examples of the take profit:
- Time Frame 15 min: EURUSD 8 pips, GBPUSD 10 pips AUDUSD 7 pips, USDCHF 7 pips;
- Time Frame 30 min: EURUSD 11 pips, GBPUSD 14 pips AUDUSD 10 pips, USDCHF 10 pips;
- Time Frame 60 min: EURUSD 14 pips, GBPUSD 16 pips AUDUSD 12 pips, USDCHF 12 pips;
- Time Frame 240 min: EURUSD 16 pips, GBPUSD 18 pips AUDUSD 14 pips, USDCHF 14 pips;
- Time Frame Daily : EURUSD 35 pips, GBPUSD 40 pips AUDUSD 35 pips, USDCHF 35 pips.
Forex Strategies Installation Instructions
Stocycle 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.
Stocycle 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 Stocycle Forex Scalping Strategy?
- Download Stocycle 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 Stocycle Forex Scalping Strategy
- You will see Stocycle Forex Scalping Strategy is available on your Chart
Click here below to download: