Channel With Forecaster Forex Scalping Strategy

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Channel With Forecaster Forex Scalping Strategy

This is a scalping strategy that uses FX forescaster indicator. Indicators used in this system are not so complicated. This is for 5 minute and 15 minute timeframe and it works to all major currency pairs.

Metatrader indicators:

  • xps session;
  • Scalper channel;
  • FXForexaster.

Buy Entry:

  • Scalper Channel Buy and FXForecaster indicator is in pink bar.

Sell Entry:

  • Scalper Channel Sell and FXForecaster indicator is in pink bar.

Exit Position:

  • Quick take profit depends on the currency pairs with the minimum 7 pips to 10 pips maximum.
  • Stop loss should be 15-20 pips.


Forex Trading Strategies Installation Instructions

Channel With Forecaster Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Channel With Forecaster Forex Scalping Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Channel With Forecaster Forex Scalping Strategy?

  • Download Channel With Forecaster Forex Scalping Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select Channel With Forecaster Forex Scalping Strategy
  • You will see Channel With Forecaster Forex Scalping Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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