HomeForex Scalping StrategiesGolden Trend Slope Forex Scalping Strategy

Golden Trend Slope Forex Scalping Strategy

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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Tim Morris
Tim Morrishttps://www.forexmt4indicators.com/
Tim Morris is a work from home dad, home-based forex trader, writer and blogger by passion. He likes to research and share the latest forex trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to be able to learn and download different types of forex trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com
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