10# Scalping with Silver Trend MT5

Trend Following Strategy

Star non repainting

Submit by Marcus

 

Scalping with silver Trend is a day trading strategy pure trend following that works also at a higher time frame. The main feature of this system is to be able to have fast trades, indeed they are recommended, in this way the profitability turns out to be a trend following trading system. The strategy is based on two indicators that do not recalculate, the Silver Trend configured very slowly so as to fully define a trend and a very fast timing indicator (raptor) to enter and exit the trend quickly. There are many of this type of strategy on the site with MT4 indicators and also with TMA bands. The logic of the system is therefore very simple to enter and exit the market quickly in the direction of the trend.

Scalping with Silver Trend MT5
Scalping with Silver Trend MT5

Setup Strategy

Time Frame 15 min or higher.

Currency pairs: any, also Crypto  and synthetic index also Vix and Boom and Crash.

Metatrader 5 Indicators

Silver Trend

Non Repainting Star (fast moving Averages).

Trading rules Scalping with Silver Trend MT5

Trade in the direction of the trend when Siver Trend and Non repaint star agree.

Buy

Silver Trend green line.

Non repainting star below the candle.

Buy position at the opening of the next candle.

Sell

Silver Trend red line.

Non repainting star above the candle.

Sell position at the opening of the next candle.

Exit position

Place initial stop loss below/above the line of the Silver Trend or at the previous swing high/low.

Exit position when the Non Repainting Star changes direction or when Silver Trend Changes direction, but i recommend to exit fast profit with a stop loss ratio from 1.1 to 1: 1.4 depending on the volatility of the market.

Note: It is recommended to use currency pairs in trend at time frame 12H or daily.

In conclusion, this is a simple but winning system suitable for everyone that teaches beginners the logic of trend following trading, always respecting the established rules.

 

Examples of trades.

Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping with Silver Trend MT5
Scalping With Silver Trend.rar
compressed file archive 41.3 KB
Comments: 2
  • #2

    fazil (Thursday, 18 July 2024 21:17)

    how to I get this indicator

  • #1

    David (Monday, 24 April 2023 00:01)

    File "Scalping With Silver Trend.rar" is missing

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