RBCI Forex Scalping Strategy
Table of Contents
This is a scalping strategy that uses a 5 minute timeframe or higher and works on all major currency pairs. This is called RBCI because it uses more on RBCI indicator but other indicators are place also for confirmation.
- LWMA 4 High
- LWMA 4 Low
- 21 EMA
- 50 EMA
- Follow the trend when using this strategy. You will know that it is an uptrend when H and L 4LWMA is greater than EMA 21 and EMAE 50.
- Buy when RBCI is crossing up the aqua line from below.
- Follow the trend when using this strategy. You will know that it is a downtrend when H and L 4LWMA is less than EMA 21 and EMA 50.
- Sell when RBCI is crossing down the blue line from above.
- Take Profit at 5-10 pips AUD/USD, USD/CHF, USDCAD, 6 pips for EURUSD, 7-8 pips at GBPUSD 9-10 pips.
- Place Stop Loss at 9-12 pips.
Forex Trading Strategies Installation Instructions
RBCI 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.
RBCI 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 RBCI Forex Scalping Strategy?
- Download RBCI 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 RBCI Forex Scalping Strategy
- You will see RBCI 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.
Click here below to download: