Trading strategy for scalping Gadi Scalping on moving averages and volumes
Gadi Scalping trading strategy is designed for scalping. Trading is done with the use of moving averages and confirmation of the signal by the volume indicator.
Input parameters
- Currency pairs: any.
- Timeframe: M5, M15.
- Bidding time: London, New York.
- Risk Management: After calculating the stop loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.
Used indicators
- EMA (21)
- 2MA Crossover
- Fib pivot 2
- JE bar Trend
- Spread Indicator
- Gadi Tick Volume
Installing indicators and strategy template
- Unpack the archive with templates and indicators.
- Copy the indicators to the folder MQL4 -> indicators.
- Copy the template into the templates folder.
- Restart the terminal.
- Open the chart of the desired currency pair.
- Install a template named Gadi Scalping.
The schedule should look like this:
Signals indicating the opening of a long position (buying)
- The price is above the yellow and white moving averages.
- A green up arrow appears.
- The volume indicator (the lowest window) shows a blue bar.
- Stop Loss is placed just below the nearest local minimum.
Signals indicating the opening of a short position (sale)
- The price is below the yellow and white moving averages.
- A red down arrow appeared.
- The volume indicator shows a red bar.
- A stop loss is placed just above the nearest local maximum.
Ways to close the deal
- Fixed Take Profit.
- Trailing Stop.
- Closing a trade at a significant support/resistance level.
According to experts of ForTrader.org, the trading strategy Gadi Scalping - a fairly balanced system for scalping, which uses modified versions of the standard indicators of the MetaTrader 4 terminal that allows you to experiment with their replacement by other modifications, achieving even greater efficiency.
Download template and indicators