The Tunnel Forex Scalping Strategy
This is a system that is useful in a 15 minute timeframe and is applicable to any currency pairs. This system used TC wonders indicator. Moving Averages is also used in this strategy as a partner to get a better entry.
- Moving average LWMA 10 with levels (300, 450, 600, -300, -450, -600), shift 3, price applied to close;
- William’s percent range (35);
- Stochastic (21, 8, 5, High/low);
- TC Wonders (TC Wonder it’s a repaint indicator which must be confirmed).
- The blue dot of Entry_Signal appears as a sign of buying.
- The price is at he support level of any band.
- The level of the Stochastic is at the oversold level and waiting for the cross.
- The %R confirm oversold level.
- Red dot Entry_Signal appears for selling signal.
- The price encounter with resistance (any level of band).
- The level of the Stochastic is at the overbought level and the stochastic cross.
- %R confirm the overbought level.
- for buy 5 pips below the previous swing.
- for sell 5 pips above the previous swing.
- Take profit at 6-15 pips depend by currency pair or when the price touches the white moving average.
Forex Trading Strategies Installation Instructions
The Tunnel 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.
The Tunnel 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 The Tunnel Forex Scalping Strategy?
- Download The Tunnel 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 The Tunnel Forex Scalping Strategy
- You will see The Tunnel 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: