Free Forex Scalping Strategy ’20 pipss in a day ” (Free Price Action Scalping System!) can earn 20 pips a day – it really can allow you to learn how to earn money on Forex every day working week. This forex scalping strategy has worked for years, so I do not think she has a tendency to stop working in the the near future, but anything is possible …
So Algortm trading forex strategy “20 pips a day”:
Forex Strategy 20 pips a day
1. Hours on the forex strategy – after 11:00 GMT.
2. Before deciding to trade you want to view calendar forex news, and see if there are any important news scheduled for this day.
3. If the output is still important events – the opening of the transaction is only after this news.
4. If no important news is not, then the trade should be to 12:30 GMT.
5. To do this, set the moving average on the chart – SMA with period 20, and forex indicator – Momentum 5 (these forex indicators are standard indicators for MT4).
6. Time Interval – 30 min (M30), the pair – any, but it’s better GBPUSD, USDCAD
7. Open up a trade to buy – if the candle closes and remains above the 20 SMA, while Momentum is above average.
If the light is closed and remains below the moving average of 20 SMA, while Momentum is below average – opening the deal to sell.
8. Set take-profit – at least 20 pips, but I would certainly recommend using a trailing stop on a point or a standard for the rearrangement of the terminal when the order of 10-15 points – to zero, and then take away 30-50% of the transaction in the profit-20- 30 points, while the remaining 70-50% treylinguete, and thus can make a profit more than 20 points!
9. Stop-loss orders as well – you can put 20 pips (set immediately at the opening of trading transactions) or you can set for the removals, or the maximum (minimum) past the candles, which crossed removals (SMA 20).
10. Be careful if the price is a bargain after the opening cross the 20 SMA and close it, you just close the bargain!
This simple forex scalping strategy can be applied to any other time interval, if present at the time of trade is sufficient volatility in the foreign exchange market. I am for this forex strategy chosen U.S. session, as it is on it is almost always there is a strong movement in the market, but will it be used entirely on the European session.
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