Trend Dynamic Index Forex Scalping Strategy

You can now download the Trend Dynamic Index Forex Scalping Strategy for free on AtoZ Markets indicators gallery.

This is a scalping strategy that uses a 5 minute timeframe or higher and is applicable to any currency pairs. It uses 4 indicators but it’s not really that hard to enter a trade for the rules are easy to understand. Just stick to the rules and trading will be smooth.

Forex Indicators:

RealMACD (5. 15,1);
Stock Rainbow (1, 3)
Trend Dynamic Index (default)

How to trade with Trend Dynamic Index Forex Scalping Strategy?

Long Entry:

Green line TDI is greater than red and yellow line.
Real MACD is greater than 0.

Short Entry:

Green line must less than red and yellow line.
Real MACD is less than 0.

Exit Position:

Stochastic Rainbow was concentrated in oversold or overbought area.
Take profit at 6-12 pips depending on the currency pairs and place stop loss at 5 pips above or below the bar entry.

How to download and install an indicator?

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

Click on “Download Indicator” button located at the bottom of the post.
Save the file to your computer.
Extract and move the files into MT4>Indicator folder of the MetaTrader4 software file directory.
Restart your Metatrader platform.
Navigate to “Indicators.”
And select “Trend Dynamic Index Forex Scalping Strategy” template to apply it on the chart.