Stochastic and WMA Scalping

Stochastic and WMA Scalping

Time Frame 5 min:

Currency pairs: majors;

Session Trade: all.

Indicators:

LWMA (3, 6,
close HLCC/4);

MTF
Stochastic (9, 3, 3)-TF 15min

Gold Miner

Long Entry :

when (WMA gives us alert to buy and ( MTF Stochastic
crosses up )
amd Gold Miner acqua

Short Entry:

when (WMA gives us alert to sell and ( MTF Stochastic
crosses down )
and gold miner red.

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Exit position:

when appears opposit arrow.

Stop loss 10-15 pips.

Profit target: 10-15 pips

optional filter

Signal
noise (sedimentation
40)

 

 

In the picture Stochastic and WMA Scalping system
in action.

 

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