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) 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.