Support And Resistance Forex Scalping Strategy
This is a scalping trading system based on static support and resistance. This is useful in a 5 minute or 15 minute timeframe. This system is applicable to any currency pairs.
- Great Support and Resistance FX, indicator,
- Fibo pivot 3, indicator,
- Bands Modified (deviations 2.0) indicator.
- The price must break the lower bands and touch the support line.
- Enter on the opening of the next bar.
- The price must break the upper bands and touch the resistance line.
- Enter at the opening of the next bar.
- At the levels of the Fibonacci pivots.
- Profit Target predetermined, depends by time frame and currency, or ratio 1:1 stop loss.
- Stop loss for buy 3 pips above the lower bands.
- Stop loss for sell 3 pips below the upper bands.
Forex Strategies Installation Instructions
Support And Resistance 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.
Support And Resistance 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 Support And Resistance Forex Scalping Strategy?
- Download Support And Resistance 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 Support And Resistance Forex Scalping Strategy
- You will see Support And Resistance Forex Scalping Strategy is available on your Chart
Click here below to download: