Dax Scalping Forex Strategy With Filter

Submit by Gemb’s Trader (11/01/2017)

Dax Scalping Forex Strategy With Filter is a scalping forex strategy and can used for system trend following, it’s very simple and clear. This system was created for Dax but can also be used on other stock indices and major forex pairs.

Time Frame : 5 min or higher.

Financial Markets : Dax, S&P 500, Dow, FTSE, CAC40, MIB30 and other indices, pairs such as EURUSD, GBPUSD, USDJPY, USDCAD , NZDUSD, AUDUSD

Metatrader Indicators:
Confirm1.ex4 (line dot blue and line dot red)
Confirm2.ex4 (dot blue and red)
Confirm3.ex4 (dot blue, dot yellow and red)
i TMA centered macd v1.ex4 (used for trend filter)

Template :
Dax Scalping Forex Strategy With Filter.tpl

Trading rules Dax Scalping Forex Strategy With Filter :

Dax Scalping Forex Strategy With Filter Buy

BuyEntry

Buy Entry :
i TMA centered macd v1 blue line and below levels “0”
Line dot blue crosses above line dot red
Confirm 2 blue dot
Confirm 3 indicator two blue dot.

Sell Entry :

Dax Scalping Forex Strategy With Filter Sell

Sell Entry

i TMA centered macd v1 crimson line and above levels “0”
line dot red crosses above line dot blue.
Confirm 2 red dot
Confirm 3 indicator two red dot

Dax Scalping Forex Strategy With Filter Buy and Sell

Entry Buy & Sell

How to exit positions?
At the opposite cross, with predetermined profit target or at the pivots levels.

Note :
When the confirm 3 has a yellow dot the direction is flat.
You can use this trading system as a filtering tool, of other indicators of arrow.
In this case it is very efficient.

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