Wick Forex Scalping Strategy

Wick Forex Scalping Strategy

Wick Forex Scalping Strategy

This is a strategy that uses 2 timeframes. The 1 hour and the 5 minute. We will look at both of this timeframe and look for entries on this 2. This is applicable to EURUSD and GBPUSD pairs. There are only 2 indicators used in this system. Max spread os 0.00013.

Forex Indicators:

  • Wick o Gram level 5; -5
  • CCI 150; -150

Long Entry:

  • The wick indicator must be below -5.
  • CCI 14 is in oversold area -150.
  • Enter at the opening of the next bar.

Short Entry:

  • The wick must be below 5.
  • CCI 14 is in overbought area 150.
  • Enter at the opening of the next bar.

Exit Position:

  • Place stop loss at 8-10 pips and take profit at 5 pips.

Forex Strategies Installation Instructions

Wick 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.

Wick 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 Wick Forex Scalping Strategy?

  • Download Wick 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 Wick Forex Scalping Strategy
  • You will see Wick Forex Scalping Strategy is available on your Chart

Click here below to download:



Wick Forex Scalping Strategy

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