Hi all here's a simple scalping system. Trade at your own risk. Hope someone will profit from it.
What you need: MACD :12,13,1.
5,8 smas to close
Slope Indicator.(I found this one on Mt4 Indi Library, download here >>>>>>> http://codebase.mql4.com/4968
What to do: When slope signals up, and MACD slides up, and MAs cross up, BUY. Opposite with short.
Pairs: EurUsd, GbpJpy, EurJpy, AudUsd
Time: Whenever there's a trend.
TP: Until Slope turns opposite color
SL: When price goes 5 pips below high or low of where you entered trade.
Advice: Remember, when you trade this system, patience is the key.To be succsessful in this system, you must wait till the candle is closed, and you have everything you need for a good entry.
Do NOT trade on news.News will ruin signal
What you need: MACD :12,13,1.
5,8 smas to close
Slope Indicator.(I found this one on Mt4 Indi Library, download here >>>>>>> http://codebase.mql4.com/4968
What to do: When slope signals up, and MACD slides up, and MAs cross up, BUY. Opposite with short.
Pairs: EurUsd, GbpJpy, EurJpy, AudUsd
Time: Whenever there's a trend.
TP: Until Slope turns opposite color
SL: When price goes 5 pips below high or low of where you entered trade.
Advice: Remember, when you trade this system, patience is the key.To be succsessful in this system, you must wait till the candle is closed, and you have everything you need for a good entry.
Do NOT trade on news.News will ruin signal
"speak softly, and carry a big stick" Teddy Roosevelt