
Buying and selling technique for MetaTrader 4 primarily based 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 many others.)
Buying and selling might be executed on any timeframe.
Relying in your preferences, buying and selling might be each scalping, intraday, and medium-term, long-term.
The premise for opening trades is a sign pattern indicator for scalping SFT Oh My Scalper
It detects a pattern change and provides alerts for opening positions, in addition to built-in sound and visible notifications a couple of pattern change.
You possibly can commerce utilizing this indicator alone.
It is suggested to work in accordance with this technique solely with dependable and trusted brokers who haven’t 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 take a look at all our merchandise Set up and setup
For extra data on how to decide on, set up, take a look at without cost, in addition to purchase indicators, see YouTube in training videos
The settings described on this handbook are specified for the EURUSD forex pair .
For different devices, further adjustment of the indicator parameters could also be required.
With a bit of experimentation, you’ll be able to 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 Cellular – 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 colour 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 purple diamond seems, open Promote or Put (for choices)
- When a blue diamond seems, open Purchase or Name (for choices)
- The route of opened offers ought to correspond to the route of the pattern on the next timeframe.
- If you’re buying and selling on M1 or M5, then it’s best to deal with M30 and H1.
- When buying and selling on M15, M30 and H1, we deal with 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
Attempt our different indicators, amongst which there are fully free ones, in addition to paid ones, however with the potential for free self-testing. You will discover an entire checklist of our merchandise right here:
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