Absolute Strength with Pama Gann Grid (AS Scalping Method)
Absolute Strength with Pama Gann Grid (AS Scalping Method)
Time Frame 15 min
Currency Pairs: GBP/USD, EUR/USD, AUD/USD
Forex Indicators:
Absolute Strength (default)
Pama Gann Grid (default)
MACDÂ (5, 15,
1)
Setting GBP/USD 15min
Draw a horizontal line at value of 0.00030 on Absolute Strength. The area
0-0.0003 is flat zone.
Long Entry:
When The light blu line >Horizontal line,level
> ma (color aqua),the Pama Gann Grid is direction up (green) and MACD>0. (do not go enter  after 3 bars that appeared
the arrow Pama Gann Grid)
Short Entry:
When tomato line >Horizontal line, level > ma (orange), the Pama Gann Grid
is direction down (red) and MACD<0. (do not go after
3 bars that appeared the red arrow Pama Gann)
Exit Position:
When Pama Gann Grind changes position.
Target Profit 14 Pips  GBP/USD, 12 pips EUR/USD, 10 pips AUD/USD.
Share your opinion, can help everyone to understand the forex strategy.
- Platform: Metatrader4
- Currency pairs: Any pairs, indices and metals
- Trading Time: Around the clock
- Recommended broker: icmarkets, XM
- How to install MT4 indicator?
- 1. On the desktop, double-click to open the MT4 trading platform software you installed.
- 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
- 3. Copy the metrics you need to install to the Indicators folder
- 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
- 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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