Forex Volatility Quality Forex Scalping Strategy is a scalping strategy that use volatility indicators to identify a good. Other indicators are also used for support.
Metatrader Indicators :
- Ultima bars (Lb 35);
- SD Price Bar
- Auto Pivot plotter;
- Ultimate alert and arrows (volatility quality).
- Option : Add three moving average (20, 50, 200)
Three MA used only trend.
20MA > 50MQ > 200MA Trend is Up.
20MA < 50MQ < 200MA Trend is Down.
- Chart Timeframe : 15 Minute.
- Currency Pairs : GBPUSD
Long Position Entry :
1. Buy Arrow must appear and confirmed by SD price bar color is Aqua.
Short Position Entry :
1. Sell Arrow must appear and confirmed by SD price bar Color is Red.
Exit Rules :
- Option 1 : Exit at the opposite arrow.
- Option 2 : Take profit at the pivot levels.
- Option 3 : Target profit at 12 pips.
- Option 4 : Place initial stop loss at the previous swing.
How to install Files?
- Download *.zip file.
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader
- 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 Template
- You will see Trading System strategy is available on your Chart