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Buying and selling technique for MetaTrader 4 based mostly on the SFT indicator Oh My Scalper
The technique is appropriate for any forex pairs, in addition to for buying and selling metals, indices, choices and cryptocurrencies (Bitcoin, Litecoin, Ethereum, and so forth.)
Buying and selling may be performed on any timeframe.
Relying in your preferences, buying and selling may be each scalping, intraday, and medium-term, long-term.
The idea for opening trades is a sign pattern indicator for scalping SFT Oh My Scalper
It detects a pattern change and offers indicators for opening positions, in addition to built-in sound and visible notifications a couple of pattern change.
You may commerce utilizing this indicator alone.
It is suggested to work based on this technique solely with dependable and trusted brokers who don’t have any issues with the withdrawal of earned funds.
It’s fascinating that the corporate has ECN, NDD, STP or PRO accounts with a small unfold and a low fee per transaction.
We suggest buying and selling with RoboForex , the place we check all our merchandise Set up and setup
For extra data on how to decide on, set up, check totally free, in addition to purchase indicators, see YouTube in coaching movies
The settings described on this handbook are specified for the EURUSD forex pair .
For different devices, extra adjustment of the indicator parameters could also be required.
With slightly experimentation, you possibly can select the settings for any buying and selling instrument.
Buying and selling with the SFT indicator Oh My Scalper
Indicator settings
- Sensitivity – Excessive ;
- Alert Message – true;
- Alert E mail – false
- Alert Cell – false
Buying and selling Guidelines
The opening of transactions is carried out instantly after the closing of the candle, on which a coloured rhombus appeared.
The looks of a rhombus of a sure coloration is a sign to open the corresponding deal, and if the road disappears or the colour adjustments, the deal ought to be closed.
- When a crimson diamond seems, open Promote or Put (for choices)
- When a blue diamond seems, open Purchase or Name (for choices)
- The path of opened offers ought to correspond to the path of the pattern on a better timeframe.
- In case you are buying and selling on M1 or M5, then it is best to give attention to M30 and H1.
- When buying and selling on M15, M30 and H1, we give attention to H4, D1 and W1, respectively
- Exit from the transaction is carried out on the alternative sign
You too can exit on the established orders SL and TP.
When utilizing SL and TP, it’s fascinating to set the SL for the closest extremum, and make the TP equal to 1 to 2 SL sizes.
This indicator has confirmed itself when utilized in conjunction with the free Flat Issue indicator.
SFT indicator Oh My Scalper
Strive our different indicators, amongst which there are fully free ones, in addition to paid ones, however with the opportunity of free self-testing. You will discover a whole record of our merchandise right here:
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