612# Scalper MA with Gann High/Low MTF
Gann High/Low MTF as filter
Profitable strategy based on scalping
This trading system, in contrast to analogues is relatively new. It is based on the use of 2 indicators combined with the classic rules of building a trading system based on scalping.
To get started, you need to install (see the archive) 2 indicator for scalping: Scalper_MA and Channel. To install, move the downloaded indicators in MetaTrader 4 to the folder - \experts\indicators. After that, start (restart) The MetaTrader 4 terminal.
Will trade on the GBPUSD currency pair (can be played on any currency pair)
Timeframe M1 to M30.
Input
M1 chart indicator Scalper_MA. The essence of the trading system is extremely simple:
Scalper MA Up arrow – open a position to buy (buy), Gann green line.
Scalper MA Down arrow-open a sell position (sell) Gann red line.
Order open only after changing the price by more than 2 points in the direction where the signal showed. Also, wait for 7 red or blue bars to pass from below.
Gann high/low MTF indicator to smooth out noise. We open an order only if the signal directions of both indicators coincide.
Exit
Close the warrant at your discretion. Advise you to confine profit of 1-3 pips of one trade (0.1 lot, 1 PIP = 1$, for a volume of 1 lot, 1 PIP = 10$).
If you trade, You are going to use stop orders, it is recommended to put them in the following way.
In the pictures Scalper MA with Gann MTF in action.
Share your opinion, can help everyone to understand the forex strategy
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