616# X-scalper Strategy
Fx Scalper filtered strategy
Two templates with fx scalper indicator
Submit Andrew
X-scalper strategy is an strategy based on FX scalper indicator. I built two templates trend following and trend momentum. The purpose of these templates is to generate better signals from fx scalper.
These templates are also good for trading with binary options high/low.
Expiry Time 3-5 candles.
Currency pairs: majors, and indices.
Metatrader Indicators
Super signals 3Vd distances 21, 14.
Bollinger Bands (20 periods, deviations 2.0).
Moving Average 5 periods, shift 2.
Heiken Ashi bar indicator.
Stocastic oscillator (14, 4, 4, close).
Trend arrows indicator.
Fx Scalper 25 periods.
Trading rules X-scalper Strategy
The difference between the two templates is that the strategy with trend arrows indicator generates signals only in the direction of the trend.
Buy
Fx scalper green bar above 50%.
Buy arrow super signal
Stochastic oscillator crosses upward.
The price is above moving average 5 periods.
Heiken Ashi wihte bar.
Green trend arrows buy.
Fast profit target 5-8 pips
Sell
Fx scalper red bar above 50%.
Sell arrow super signal
Stochastic oscillator crosses downward.
The price is below moving average 5 periods.
Heiken Ashi red bar.
red trend arrows sell.
Fast profit target 5-8 pips.
In the pictures X-scalper Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reza (Friday, 16 March 2018 09:47)
what would be the best time frame for this strategy?
Reza (Friday, 16 March 2018 09:06)
That is a great strategy