Arktech Forex Scalping Strategy For MT4
The Arktech Forex Scalping Strategy For MT4 is one of the best 5-minute scalping systems you can find in the market. The pairs which you can trade are EU, AU, GU, EJ, NU, GJ, USDCAD and USDCHF. Ichimoku, BvS, and ichi360, buy-sell, FxProf, and some essential indicators are used in the ex4 files.
As the system is more like a template, you are not required to adjust the different parameters. Just by knowing the process by which the trades will be executed, you are good to take the trades in the listed asset.
The Tenkan-Sen (TS) line will push above the Kijun-Sen line. Note that the cross must take place when the price is testing a valid support level. If you take the reading from a place where the price not anywhere near the support zone, you are not trading a valid level. Wait for the buy arrow to appear to take your long. If you are in doubt about the support level, you can wait for the light green bars in the buy-sell arrow since it acts as an excellent trade filter tool.
The Tenkan-Sen like will fall below the Kijun-Sen curve when the market is testing a valid resistance. Note that the cross must take place when the price is near the supply zone. If not, ignore the trade setup since you are just dealing with a false cross. Take the short trade when a small arrow mark appears above the candlestick. For further confirmation, you can wait for the glowing bars in the buy and sell indicators.
Though this is a very powerful scalping method, you must be prepared to accept the loss. Some people often use a high leverage account and take more than a 3% risk with this scalping method. It’s true, they will win more than 80% of the time provided that the things are done correctly, taking more than 3% loss 20% of the time will be very challenging. This will lead the frustration and you will start overtrading with this system. The maximum number of trades you can execute per day with this amazing scalping method is only 5 regardless of the trading result.
Download the complete system description and the files here:
Partially Automated Trading Besides Your Day Job
Alerts In Real-Time When Divergences Occur
