Intraday Scalping Future Strategy
Scalping Future Strategy is optimized for action trading, has simple rules and uses only two technical indicators to get signals to enter.
The first signal is generated by the Scalping Future indicator, and the position itself opens on the signal of the Gann Hi/Lo SS Activator indicator.
Input parameters
- Currency pairs: any
- Timeframe: M15
- Trading times: London, New York
- Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per transaction
Used indicators
- Scalping Future indicator (filter period 22, distance 20)
- Gann Hi/Lo SS Activator (period 10)
- Pivot Daily
Setting up the price chart
- Unpack the archive
- Copy the template into the templates folder
- Copy the indicators to the folder MQL4 -> indicators
- Restarting the terminal
- Open the chart of the desired currency pair
- Install a template named Scalping Future Strategy
The schedule should look like this:
Signals indicating the opening of a long position
- a green up arrow of the Scalping Future indicator appeared;
- The trade opens on a reversal of the line Gann Hi/Lo SS Activator up.
Signals indicating the opening of a short trade
- there is a red down arrow of the Scalping Future indicator;
- The trade opens on the reversal of the line Gann Hi/Lo SS Activator down.
Setting Stop Loss and Take Profit Orders
- stop loss is set above/below the previous maximum/minimum;
- Take Profit is set on one of the pivot levels. Alternatively, it is possible to set a Take Profit of 10-15 pips or to close the position when the Scalping Future indicator arrow appears in the opposite direction.
Scalping Future Strategy for Day Trading - is an excellent solution for beginner traders, as it is not overloaded with technical indicators and complex rules. More experienced traders can adapt the strategy for trend trading on higher timeframes.
Download Scalping Future Strategy Template and Indicators