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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.
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