68# FX Trend Scalping Strategy

Submit by Maximo Trader

Fx Trend Scalping Strayegy consists of the following 4 templates.

 

  • FXTF_DT1 (Safe Day Trading): This is the most conservative template, offering slower but highly filtered signals for reduced risk. It’s ideal for steady, low-risk profits.

  • FXTF_DT2 (Balanced Day Trading): A more balanced template that provides a mix of risk and reward for typical day trading.

  • FXTF_SC1 (Moderate Scalping): Faster signals with medium risk, making it ideal for scalpers who prefer a balanced risk profile.

  • FXTF_SC2 (Aggressive Scalping): The most aggressive template with the fastest signals and highest risk. Only use this if you have experience or have spent sufficient time with the system.

FX Trend Scalping Strategy
FX Trend Scalping Strategy
FX Trend Scalping Strategy
FX Trend Scalping Strategy

1. Market Analysis and Setup:

  • Market Sentiment:

    • Market sentiment is determined by the bottom indicator, which dynamically changes the background color based on the market’s overall trend.

    • A blue background signals a bullish market, while a red background signals a bearish market.

  • Trading Dashboard & EA:

    • The trading dashboard (top right corner) allows you to track performance and provides quick tools to open and close trades.

    • The Trading Assistant EA helps you manage trades quickly, including choosing lot size, opening BUY/SELL orders, or closing specific or all orders.

2. Entry Rules:

Buy Trade Entry:

 

  • Wait for the background to turn blue, indicating bullish market sentiment.

  • Then, wait for a blue signal to confirm the BUY entry.

  • Once both conditions are met, place a BUY order. The system will alert you with the pair symbol and timeframe to take action.

FX Trend Scalping Strategy
FX Trend Scalping Strategy
Sell Trade Entry:

 

  • Wait for the background to turn red, indicating bearish market sentiment.

  • Then, wait for a red signal to confirm the SELL entry.

  • Once both conditions are met, place a SELL order. The system will notify you with the pair symbol and timeframe.

FX Trend Scalping Strategy
FX Trend Scalping Strategy

3. Stop Loss (SL) Placement:

 

  • Stop Loss should be placed to protect your position in case the market moves against you. Here are the methods for SL placement:

    • For a Buy trade: Place the SL at the last swing low.

    • For a Sell trade: Place the SL at the last swing high.

    • Alternative SL methods: You can also place the SL at the nearest support/resistance level or at round numbers (e.g., 1.1000, 1.2000).

FX Trend Scalping Strategy
FX Trend Scalping Strategy

4. Take Profit (TP) Rules:

Once the SL is determined, set the Take Profit (TP) based on the Risk/Reward (RR) ratio:

 

  • RR = 1:1: If the SL is 15 pips, the first TP level should also be 15 pips.

  • RR = 1:2: If the SL is 15 pips, the second TP level should be 30 pips.

  • Managing the trade:

    • If the price is moving quickly and with momentum, you may aim for a higher TP.

    • If the market is moving sluggishly, consider closing the trade at RR = 1:1 to lock in a safe profit.

FX Trend Scalping Strategy
FX Trend Scalping Strategy

5. Trading Tips:

  • Trade During High Volatility: Focus on trading during the major sessions (London, New York), where volatility is higher, increasing the chance for profitable opportunities.

  • Economic Calendar: Before each trading session, check the economic calendar for important news events, especially high-impact "red" news such as Non-Farm Payrolls, ECB press conferences, or FOMC meetings. Avoid entering trades before these events as they can create unpredictable price movements.

  • Be Patient with Signals: If you miss a signal, avoid jumping into a trade that has already moved. It's better to wait for another setup rather than chasing a trade that could quickly reverse.

6. Risk Management:

  • Lot Size: Start with a small lot size to protect your capital, especially when using the FXTF_DT1 template. The lot size should be scaled based on your account balance and risk tolerance.

  • Risk per Trade: Ensure that you do not risk more than 1-2% of your total account balance per trade. This rule is key for maintaining long-term success and avoiding large drawdowns.

Strategy Summary:

 

This strategy is designed for cautious traders, with a strong focus on risk management and only entering trades when signals are properly aligned. By using the FXTF_DT1 template, trades are more carefully filtered to avoid risky setups. The strategy can be tailored for more aggressive trading by switching to other templates (FXTF_DT2, FXTF_SC1, FXTF_SC2) as the trader becomes more experienced.

FX Trend Scalping Strategy Dashboard
FX Trend Scalping Strategy Dashboard
FX Trend Scalping Strategy
FX Trend Scalping Strategy
FX Trend.rar
compressed file archive 165.0 KB
Comments: 0

MTF Gann Activator and Neuro Strength Trading System

Submit by joy22

 

Currency Pair: Majors.

Time Frame 5min.

Spread EUR/USD, AUD/USD MAX 0,0001.

Set MTF Gann Activator 15min tf on chart 5min.

Forex Indicators:

MTF Gann Activator (15min);

Neuro Strength;

fibo pivot.

 


Long Entry:

Gann Activator long ;

Neuro strenght green.

Re-Entry Long: conditions :1) Gann Activator Long 2)wait retracement on the Gann Activator line and Entry only on a new green bar.

 

Short Entry:

Gann Activator short;

Neuro strengtìht red.

Re-Entry Long: conditions :1) Gann Activator Long 2)wait retracement on Gann Activator line and Entry only on a new red bar.

 

Note: If red or green bar appears after 2 bar that Gann Activator have changed direction, NO TO ENTRY!!!

 

Exit Position:

When Gann Activator change direction.

Stop Loss on Gann Activator line;

Take Profit on fibo pivots levels. (Recommended exit)

Profit Target: AUD/USD 6 pips, EUR/USD 8 pips, GBP/USD 10. (my prefered exit)

Neuro Strength
Neuro Strength .rar
compressed file archive 4.6 KB
Metatrader FiboPivot
FiboPiv_v2.rar
compressed file archive 4.5 KB
Forex indicator MTF_ Gann_HiLo_Activator_v2
MTF_ Gann_HiLo_Activator_v2.rar
compressed file archive 601 Bytes

Write a comment

Comments: 1
  • #1

    Rorschach (Saturday, 15 August 2015 20:07)

    Hi Joy!

    Thanks for all your posts. I have a question about this setup. What did you mean when you said "Set MTF Gann Activator 15min tf on chart 5min?"

    Also all the indicators show on chart except the MTF_Gann. Could you please help please?

    Thank you!!!