FTLM-STLM Scalping Evolution trading strategy for binary options and scalping
FTLM-STLM Scalping Evolution trading strategy is intended for trade binary options, but can be used to scalping.
The main feature of the FTLM-STLM Scalping Evolution strategy is the reduced to a minimum lag trading signals, as well as a double filter that filters out false signals.
Input parameters
- Currency pairs: any (for scalping - with low spread)
- Expiry time: 2-3 candles
- Time frame (for scalping): М5
- Bidding time: any
- Risk management: choose the volume of the option (lot), so that the risk was no more than 2-5% of the deposit per trade
Used indicators
- FTLM-STML indicator
- Speed arrow
- Pivot Points Level
Setting indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the folder MQL4 -> indicators
- Copy the templates into the templates folder
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named FTLM-STLM Scalping Evolution
The schedule should look like this:
Signals indicating the purchase of a Call option (opening a Buy position)
- a yellow arrow upwards appeared;
- heiken ashi bar in blue;
- bar of the FTLM-STLM indicator is green.
Signals indicating the purchase of a Put option (opening a sell position)
- a blue down arrow appeared;
- heiken ashi bar is yellow;
- bar of the FTLM-STLM indicator is red.
Setting Stop Loss and Take Profit in Scalping
- stop loss is set above/below the previous local maximum or minimum;
- Take Profit is set at a ratio of 1 to 1 with a stop loss or near the pivot level. It is allowed to close the position when the arrow appears in the opposite direction.
Before using FTLM-STLM Scalping Evolution trading strategy for binary options and scalping on a real deposit, we recommend that you test it on demo account.
Download FTLM-STLM Scalping Evolution Strategy Template and Indicators
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Good evening, thank you for this strategy, I borrowed your indicator FTLM-STLM for my strategy. I have a question, because I found it only today and did not have time to test it. Does it re-draw on line? Or it stays as red or green point as it was set?