This strategy is very easy to use for those of you who like to do forex trading with scalping system. ITMX trading indicator is a simple indicator to read trend reversal trading system, and trendalt indicator is a simple indicator to read trend following forex strategy.
If both are combined it will be a very profitable simple strategy, and will certainly be very easy to use.
If both are combined it will be a very profitable simple strategy, and will certainly be very easy to use.
Financial markets : Forex, Commodities, Indicies.
Time Frame : 15 Min or higher
Metatrader Indicator :
ITM X-Gen SYNT
Trendalt_Alert indicator (9),
Trendalt_Alert indicator (14),
Trendalt_Alert indicator (19),
Metatrader Indicator :
ITM X-Gen SYNT
Trendalt_Alert indicator (9),
Trendalt_Alert indicator (14),
Trendalt_Alert indicator (19),
Template :
Simple Scalping With ITMX Indicator and Trendalt Indicator.tpl
Simple Scalping With ITMX Indicator and Trendalt Indicator.tpl
Trading rules Simple Scalping With ITMX Indicator and Trendalt Indicator :
Simple Scalping With ITMX Indicator and Trendalt Indicator M15 GBPUSD
Buy :
ITMX Indicator :
When appears the aqua arrow place a buy order at opening of the next bar.
Trendalt Indicator :
The buy signal occurs when a canal is opened from the area below the zero line to the area above zero line.
This system uses three indicators Trendalt with several bars count.
In other words, when all the three trend lines cross the zero at the same time.
All orders must be opened after the close of the previous bar (cross) and open again
ITMX Indicator :
When appears the aqua arrow place a buy order at opening of the next bar.
Trendalt Indicator :
The buy signal occurs when a canal is opened from the area below the zero line to the area above zero line.
This system uses three indicators Trendalt with several bars count.
In other words, when all the three trend lines cross the zero at the same time.
All orders must be opened after the close of the previous bar (cross) and open again
Sell :
ITMX Indicator :
When appears the red arrow place a sell order at opening of the next bar.
Trendalt Indicator :
The sell signal occurs when a canal is opened from the area above the zero line to the area below zero line
This system uses three indicators Trendalt with several bars count.
In other words, when all the three trend lines cross the zero at the same time.
All orders must be opened after the close of the previous bar (cross) and open again
ITMX Indicator :
When appears the red arrow place a sell order at opening of the next bar.
Trendalt Indicator :
The sell signal occurs when a canal is opened from the area above the zero line to the area below zero line
This system uses three indicators Trendalt with several bars count.
In other words, when all the three trend lines cross the zero at the same time.
All orders must be opened after the close of the previous bar (cross) and open again
Exit :
Simple Scalping With ITMX Indicator and Trendalt Indicator M15 EURJPY
Exit when the opposite arrow appears on the ITMX indicator, or when one of the three lines was reversed (crossed zero in the opposite direction) on the trendalt indicator.
Free Download Simple Scalping With ITMX Indicator and Trendalt Indicator :
