TMT Scalping
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Thread: TMT Scalping

  1. #1
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    TMT Scalping

    TMT Scalping
    Type of CopyFX account Trader
    Name of CopyFX Trader mao
    Account number 5255836
    Read only password openmaotrade
    Account type CopyFx MT4 Pro-Cent
    Account currency USD
    Leverage 1 : 1000
    informer copyfx



    Strategy Parameter
    Indicators
    EMA 7
    EMA 20
    RSI Filter
    MFI Meter
    Blue Support and red Resistance lines
    Stop Loss: 10 pips Take profit: 20 Pips
    Time Frame: M15, M30, H1
    Trading Pairs: EuR/USD, GBPUSD,

    Strategy Description

    Buy Rules
    1. Daily candle is Green
    2. RSI Filter Show Uptrend Blue color
    3. MFI Meter is Shpw uptrend Green color
    4. Uptrend (7 EMA is above 20 EMA)
    5. Price pullback inside 7 and 20 EMA

    Screenshot_29.jpg

    Sell Rules
    1. Daily candle is Red
    2. RSI Filter is Downtrend with Pink color
    3. MFI Meter is Downtrend with Red color
    4. Downtrend(7 EMA is below 20 EMA)
    5. Price pullback inside 7 and 20 EMA

    Screenshot_30.jpg

    Comment moderator

    1. ContestFX
    2. Strategy confirmed

    Not allowed!
    Last edited by ContestFX; 10-09-2018 at 04:18 PM.

  2. #2
    Trader elghina's Avatar
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    Sir, how long you had used this strategy? how estimate and calculate about profit and draw down in last month using this strategy? Hopefully i can to know more before join in your copy trade. And i hope that my doubt will go after you explain more about your strategy trading this.

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    Trade with your eyes and not trading with what you wish impossible

  3. #3
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    Quote Originally Posted by elghina View Post
    Sir, how long you had used this strategy? how estimate and calculate about profit and draw down in last month using this strategy? Hopefully i can to know more before join in your copy trade. And i hope that my doubt will go after you explain more about your strategy trading this.
    Hi
    Thanks for your interest buy unfortunately I start work this strategy recent and Now I still practice with it on demo trading account and Soon I will share its result and analysis on this thread that can help you to understand better this strategy. This is very low risky and powerful scalping strategy and its make easy for us to get profit from forex market if traders are work on forex with patience.

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  4. #4
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    XAUUSD price is start to move down trend from weekly and daily resistance and MTF and RSI are show the downtrend and I open three trades with target 1219 near the D1 support level.

    mao trade contest cent account.jpg

    mao1.jpg
    Sell on Euro because its show weakness at the daily resistance level. MTF us also show the down trend which is good sign to go short trade.
    mao contest.jpg

    - - - Updated - - -

    XAUUSD is start move downtrend from daily resistance and move towards the daily support and this is best opportunity to enter a short trade on it.


    2018.11.28 03:03:32.149 '5255836': modify order #150286996 sell 15.70 XAUUSD at 1213.64 sl: 0.00 tp: 0.00 -> sl: 0.00 tp: 1203.90
    2018.11.28 03:03:23.570 '5255836': order #150286989 sell 15.70 XAUUSD at 1213.64 was modified -> sl: 0.00 tp: 1203.90

    mao trade gold.jpg

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