516# Almo Scalping

Super trend following trading

Submit by Cumbs 20/04/2016

 

Almo scalping is designed for day trading on the cross rates, and is built using different indicators, mutually supporting each other signals.

Currency pairs: EURNZD, EURAUD, the GBPJPY, GBPAUD, GBPNZD, GBPCAD.

Time Frame: the M5, M1

Trading Hours: European Session (London before closing).

 

Risk management: after the calculation of the stop-loss, choose a batch size that the risk was not more than 2-5% of the transaction for deposit.

Buy

The price is above the blue line H1 Gann High / Low indicator.

The price is above the indicator of the Green Line M30 fast SSL.

Price is greater than the speed of the yellow line MTF indicator EMA (21).

The price is above the indicator of the blue Hull moving average line (1000).

The price is above the white line MTF SMA indicator (200).

Green column TMASlope true indicator is above 0.4.

optional condition TMASlope True The indicator (bottom left) indicates that you must buy.

Stop-loss is placed under the nearest local minimum.

 

Sell

The price is below the line of red indicator H1 Gann High / Low.

The price is below the red line indicator M30 SSL fast.

Price is less than the speed of the yellow line MTF indicator EMA (21).

The price is below the indicator red Hull moving average line (1000).

The price is below the white line MTF SMA indicator (200).

A red indicator bar TMASlope Vero is below -0.4.

optional condition TMASlope True The light indicates that you need to sell.

 

Stop-loss is placed above the nearest local maximum.

In the pictures Almos scalping in action.

Almo Scalping
Almo Scalping
Almo Scalping
Almo Scalping

 

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

 

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