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.


Metarader Indicators:


Exponential Moving average (EMA) 4,

Exponential Moving average (EMA) 16,

Exponential Moving average (EMA) 60,

MMPrice,

GPClock,

ipanel trends indicator,

Bands,

Pivot Auto,

Delta Trend,

Esignal MACD (5, 13, 1),

Esignal MACD (8, 21, 8),

GP Trend indicator.

Rules

Trade only in the direction of the the trend:

Trend is up if:

EMA4>EMA16>EMA60.

 

Trend is down if:

EMA4<EMA16<EMA60.

 

Buy

Trend is up delta trend arrow confirmed by esignal MACD Green (5,13,1) < esignal MACDGreen (8,21,8) and GP Trend is blue.

 

Sell

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.

GP Trend Scalping
GP Trend Scalping
GP Trend Scalping
GP Trend Scalping

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    Sarah (Sunday, 23 October 2016 18:00)

    Do the indicators repaint?

  • #1

    D (Sunday, 23 October 2016 17:45)

    Please share the template as my combination of indicators is unable to achieve the same result.

GP Trend Scalping
Trading System: GP Trend Scalping
GP Trend Scalping.rar
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