287# GP Trend Scalping
GP Forex Scalping
Submit by Danny 03/02/2013
GP Trend Scalping is a based on the esignal macd indicator , GP Trend indicator and delta trend indicator .
Time Frame 15 min.
Currency pairs majors: EUR/USD, GBP/USD, GBP/JPY, AUD/USD, AUD/JPY.
Trading Session London and NewYork.
Exponential Moving average (EMA) 4,
Exponential Moving average (EMA) 16,
Exponential Moving average (EMA) 60,
ipanel trends indicator,
Esignal MACD (5, 13, 1),
GP Trend indicator.
Trade only in the direction of the the trend:
Trend is up if:
Trend is down if:
Trend is up delta trend arrow confirmed by esignal MACD Green (5,13,1) < esignal MACDGreen (8,21,8) and GP Trend is blue.
Trend is down delta trend arrow confirmed by esignal MACD Green (5,13,1) < esignal MACD Green (8,21,8) and GP Trend is blue.
Exit when at the Pivot daily support/resistance line or wit profit Target predetermined ( 8-18) pips depend by currency pair.
This Scalping strategy is not for beginner traders because there are more conditions.
Share your opinion, can help everyone to understand the forex strategy.
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Sarah (Sunday, 23 October 2016 18:00)
Do the indicators repaint?
D (Sunday, 23 October 2016 17:45)
Please share the template as my combination of indicators is unable to achieve the same result.