Golden Trend Slope Forex Scalping Strategy
This is a strategy that has 4 trend indicators and is useful on a 15 minute or 30-minute timeframe. This strategy is very comprehensive. This is applicable to EU, GU AU and UCHF pairs.
Metatrader Indicators:
- gmt102 (slope indicator green=buy, red=sell),
- gmt103
- gmt104
- gmt105 (multi time frame filter H1)
- gmt106 (momentum filter indicator)
- fib pivot 2
Rules to Follow:
- Enter a position when all indicators are in the same direction. If it’s an uptrend then you could go long and short if the trend is down.
Exit Options:
Place initial stop loss at the opposite swing after the stop loss.
We use 20 pips trailing stop. This means that if the price goes into +5 pips profit our stop loss will move 5 pips upwards, so the maximum price can go back before we exit the trade is 20 pips.
Exit also on the fibo pivot 2 level.
Recommended MT4 Broker
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
- Exclusive 90% VIP Cash Rebates for all Trades!
Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: VIP90
Click here below to download:
Enter Your Email Address below, download link will be sent to you.
Get Download Link