Market Cap:
$270.6B
BTC Dominance:
67.87%
btc:
$10330.49
eth:
$190.01
xrp:
$0.27
Advertise

Trend Hunter Forex Scalping Strategy

Amandeep Sonewane | Apr. 9, 2019
Trend Hunter Forex Scalping Strategy

You can now download the Trend Hunter Forex Scalping Strategy for free on AtoZ Markets indicators gallery. This trading strategy is a combination of Metatrader 4 indicators and template.

Trend Hunter Forex Scalping Strategy is a combination of Metatrader 4 indicator and template. The essence of this forex strategy is to transform the accumulated history data and trading signals. Trend Hunter Forex Scalping Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust this strategy accordingly.

The package includes Arrows indicator, Trend Hunter (ADX1=10, ADX2=12, ADX3=14) and VQLPro indicator and works well on a 15 minutes chart.

How to trade with Trend Hunter Forex Scalping Strategy?

Long Entry: 

  • Aqua arrow indicates buy
  • Wait that the Trend Hunter Arrow up appears.

Short Entry:

  • Red Arrow indicates buy
  • Wait that the Trend Hunter Arrow down appears.

Condition for buy and sell:

VQLPRO is greater than EMA

Notes:

  • Do not enter a position based on the current bar to avoid the possibility of redrawing/repainting.
  • Previous bars are not repainted and hence can be used as safe entry signals.
  • To avoid false signals make sure you use a tight and constant stop losses to identify any false signals.

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

Note: This indicator was developed by ForexMT4Indicators. AtoZ Markets does not carry any copyrights over this trading tool.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.