4 Timeframe Gann Hilo Forex Scalping Strategy For MT4

4 Timeframe Gann Hilo Forex Scalping Strategy For MT4

The 4 Timeframe Gann Hilo Forex Scalping Strategy For MT4 helps you to trade any currency pairs. The suitable time frame is minute 5 and minutes 15 for the cross pairs but the 1-minute time frame can be used while trading the major pairs.

FREE 4 Timeframe Gann Hilo Forex Scalping Strategy

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The strategy relies on the Adaptive Gann High-low Activator indicator, 4-time frame Gann Hilo indicator and the traditional Bollinger band indicator. You don’t have to change the settings as the ex4 files will do the required modification in the indicators.

The coloring of the adaptive MA should be considered to take the trades. When the Adaptive Gann High-low Activator indicator is colored in aqua. The candlestick will bounce off the Bollinger band support level and you will find a blue color arrow mark below the candlestick. Once the blue arrow is spotted taking the long trade. Stop-loss can be placed in two unique ways. Either place the stop below the Bollinger band but if there is a breach in the Bollinger band support level, you have moved the stop below the wick of the lowest candlestick. The take profit level will be determined based on the upper band.

The short trades need to be taken when the Adaptive Gann High-low Activator indicator colored in red. The price must reject the upper Bollinger band at that instant. Once the rejection is confirmed look for a red arrow mark above the candlestick. As soon as the red arrow mark is spotted, short the asset. For setting up the SL and TP use the upper Bollinger band and the nearest support level.

The trading method is very powerful but it needs to be used with managed risk. Taking too much risk to boost up the profit is going to be a big mistake. The maximum risk should not 3% of the balance. And lower the risk to 1 % when the market is unstable or the high impact news is scheduled within the next 10 minutes. Think about safety even though this system has a very high win rate. And try to open trades with the trend as it improves your win rate.

Download the complete system description and the files here:

FREE 4 Timeframe Gann Hilo Forex Scalping Strategy

Download the FREE 4 Timeframe Gann Hilo Forex Scalping Strategy for MT4.

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