Big Trend Scalping MT4 Forex Trading Strategy


You can now download Big Trend Scalping MT4 Forex Trading Strategy for free on AtoZ Markets indicators gallery.

Scalping is quite difficult for many traders. In fact, not all traders would ever learn to scalp, but it sure is a good skill to add to your arsenal.

This strategy is designed to capitalize on the low cost of trading Fiber to scalp the market.

We will be using two custom indicators to accomplish this: the Big trend and the instantaneous_Trend.

The Big Trend is an indicator that uses a modified moving average. Its main difference is that its color changes with market sentiment, which gives us an indication of whether to trade or not.

The next step is the Instantaneous_Trend indicator. This indicator can be customized to oscillate. It has no middle line and is unbounded. This indicator is actually plotted on the basis of price. This indicator shows two lines that cross each other and could be used to signal trades.

Indicators:

  • Big Trend
  • Instantaneous_Trend

Timeframe: M5 chart only

Currency Pair: EUR/USD only

Trading Session: any

Try the Big Trend custom indicator with AtoZ Markets approved forex brokers:

98/100
Multibank Review
Visit Site
96/100
Capital.com Review
Visit Site
96/100
Markets.com Review
Visit Site

How to Trade Using Big Trend Scalping Forex Trading Strategy

Buy (Long) Trade Setup

Entry

  • The Big Trend Line should not be exceeded by price
  • The Big Trend should be to change to the color light blue
  • The instantaneous_trend indicator's fast line should be above the slow line
  • At the confluence the above rules, you can enter a buy-market order

Stop Loss

  • Stop loss should be set to 1-3 pips under the Big Trend line

Exit

  • If the Big Trend line changes in color to tomato, close the trade
  • If the Instantaneous_Trend indicator crosses below the slow-line, close the trade

Sell (Short) Trade Setup

Entry

  • The Big Trend Line should not be exceeded by the price
  • Color tomato should be the Big Trend.
  • The instantaneous_trend indicator's fast line should be below the slow line
  • At the confluence the above rules, you can place a sell order

Stop Loss

  • Stop loss should be set at 1-3 pips higher than the Big Trend line

Exit

  • If the Big Trend line changes color to light blue, close the trade
  • If the Instantaneous_Trend indicator crosses above the slow line, close the trade.

How to download and install an indicator

In order to install the indicator on your MT4 platform, you need to follow these steps:

  1. Click on the “Download Indicator” button located at the bottom of the screen.
  2. Save the file to your computer.
  3. Extract and move the files into the MT4>Indicator folder of the MetaTrader4 software file directory.
  4. Restart your Metatrader platform.
  5. Navigate to “Indicators.”
  6. And select the “Big Trend Forex MT4 Scalping Trading Strategy” template to apply it on the chart.

Note: This indicator was developed by Mark. AtoZ Markets does not carry any copyrights over this trading tool.

Should you use the Big Trend scalping indicator on your own at all?

Before you start trading with the Big Trend custom indicator, you'll want to read this.

Our in-house trading expert Dr Yury Safronau, PhD in Economic Sciences, gives you daily his best forex, metals, and cryptocurrencies to buy and sell signals right now.

His trading strategies which are based on non-linear dynamic models have achieved more than 65 000 pips of profits since 2015. And right now there are some very strong buy and sell signals across several markets you don't want to miss.

Want to see which ones?

Get Trading Opportunities

Leave a Reply

Your email address will not be published.