Golden Trend Slope Forex Scalping Strategy

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Golden Trend Slope Forex Scalping Strategy

This is a strategy that has 4 trend indicators and is useful on a 15 minute or 30-minute timeframe. This strategy is very comprehensive. This is applicable to EU, GU AU and UCHF pairs.

Metatrader Indicators:

  • gmt102 (slope indicator green=buy, red=sell),
  • gmt103
  • gmt104
  • gmt105 (multi time frame filter H1)
  • gmt106 (momentum filter indicator)
  • fib pivot 2

Rules to Follow:

  • Enter a position when all indicators are in the same direction. If it’s an uptrend then you could go long and short if the trend is down.

Exit Options:

Place initial stop loss at the opposite swing after the stop loss.

We use 20 pips trailing stop. This means that if the price goes into +5 pips profit our stop loss will move 5 pips upwards, so the maximum price can go back before we exit the trade is 20 pips.

Exit also on the fibo pivot 2 level.

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