Forex MFX Gann Scalping Strategy

Trading Strategies 0 1,232


Summary : 

Forex MFX Gann Scalping Strategy is a volatility-trend following strategy for intraday trading. It can also be used for swing trades.

 

Metatrader Indicators : 

- MFX Gann (indicator of the short trend)

- RCS Fibo

- MFX tr (indicator of the short trend)

- THV4 Tz pivots

- Trend combo (indicator of direction)

- Val band (volatility indicator for entry in the markets).

 

Trading Conditions :

- Chart Timeframe : 1 Minute or Higher Timeframe.

- Currency Pairs : Any pairs.

 

Long Position Entry : 

1.     MFX Gann Tr is above MFX Gann.

2.     Trend Combo shows blue bar.

3.     Val band bar is above the yellow line.

4.     Enter at the opening of the next bar.

 

Short Position Entry : 

1.     MFX Gann Tr is below MFX Gann.

2.     Trend Combo shows red bar

3.     Val band bar is above the yellow line.

4.     Enter at the opening of the next bar.

 

Exit Rules : 

- Profit Option : Pivot Level

 

How to install Files?

- Download *.zip file.

- Copy Indicators folder to your Metatrader Directory / indicators /

- Copy Template folder to your Metatrader Directory / templates /

- Copy Libraries folder to your Metatrader Directory / Libraries /

- 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

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