Open Scalping Volatility Trading System For MT4

Open Scalping Volatility Trading System For MT4

Table Of Contents:

  1. Open Scalping Volatility Trading System For MT4
  2. Selecting the trading instrument
  3. Open Scalping Volatility Trading System For MT4 - Long trade setup
  4. Open Scalping Volatility Trading System For MT4 - Short trade setup
  5. Trade Management
  6. Open Scalping Volatility Trading System For MT4 - Conclusion


Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.


The Open Scalping Volatility Trading System For MT4 is an extremely popular trading strategy in the retail trading industry. This system is easy to use and you can trade almost all kinds of trading instruments without facing any major obstacles. However, the traders need to select their currency pairs based on some specific factors. Nonlagdot, Volatility Pivot Open, percentual victor, and Price Trigger has been used as the main analytical tools. After placing the necessary indicator file, you can load the template file and get the perfect trading environment ready. By seeing the template for the first time, you might be wondering about the colored dots. These are nothing but the NonLag dot which shows the dominance of the buyers and the sellers.

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To identify our trading zone, we will be depending on the VPO line. This golden color line can also be used to analyze the existing trend in a specific time frame. For instance, if the price trades above the golden line, expect a strong bullish movement. On the contrary, when the price trades below that level, you should be expecting a bearish rally. The percentual zigzag indicator will find the endpoint of a reversal by creating a red and green color arrow. Finally, we will take the data from the Price Trigger Signal indicator. It will act more like a filter tool while taking the trades with the help of the Open Scalping Volatility Trading System.


Selecting the trading instrument


Skilled traders know very well that they have to select their trading instruments wisely. For the novice trader, the Open Scalping Volatility Trading System should be used to trade only the major pairs. Since we have 7 major currency pairs, we need to use some advanced techniques to pick the best trading asset. Analyze the spread, existing trend, and the sentiment of the market. The spread should be less than 2 pips and the trend should be obvious. Trying to take the trades in a choppy state can result in massive confusion. Finally, you need to be certain that no hidden wars are going on between the buyers and the sellers.

The only way by which you can be sure the market sentiment is not in the aggressive mode is by analyzing the news. Price tends to show intense volatility before and after the major news release. Though the Open Scalping Volatility Trading System provides rational logic to find the trade setups, it becomes tough to predict the price movement. Even if you manage to find the good signal, the false spike is going to hunt down the tight Sl. So, investors are requested to take their trade by analyzing the schedule of the economic news release.


Open Scalping Volatility Trading System For MT4 - Long trade setup


We have already told the golden line or the VPO line is going to act as a trend identifier. But in this case, we will use this line as a support level. When the price trades above the VPO line, it tends to respect this line. At the test of the VPO line, the bulls should create a doji or bullish candlestick pattern. Usually, doji, bullish pin bar, and engulfing pattern are considered as the most reliable buying signal for the Open Scalping Volatility Trading System. The percentual zigzag indicator will create a green buying arrow mark at the support level. Right at that moment, the Nonlag dot indicator should plot a blue dot in the chart.



The blue dot confirms the dominance of the bulls. For further confirmation, we have to analyze the data from the Price trigger signal indicator. The yellow signal line will be touching the -1.2 level. At times, the value of the yellow signal line will be zero. In that case, you can still take the long trade but the risk should be 1% of the account balance. The stop loss will be set below the VPO line. For the take profit, you can set 15 pips for the 15-minute chart and 30 pips when you take the trades in the 30-minute chart. As a new user of the Open Scalping Volatility Trading System, your preferred time frame should be 15 minute and 30-minute chart.


Open Scalping Volatility Trading System For MT4 - Short trade setup


In this segment, we will learn the advanced use of the Open Scalping Volatility Trading System. In short, we will teach you to trade the major reversal in the lower time frame. The price should break below the golden VPO line with a strong bearish candle. Wait for the bullish correction and the price eventually test the VPO line and form a nice bearish price action signal. Note that the bearish price action signal might take place above the VPO or the golden line but still the manually drawn resistance should validate the position of the price action signal.



To get your confirmation, look for the red arrow formed by the percentual zigzag indicator. The red arrow must form right after the bearish PA signal. Wait for the red NonLagdot confirmation and then analyze the data from the price trigger signal indicator. Since you will be taking the short at the break of support, you should see the yellow signal line falling from the 1.2 level to 0 or the negative 1.2 level. Take the short trade with 1-2% risk set the SL above the bearish price action signal. But note that the SL should never exceed 12 pips. And for the TP, you can use the support level or set a fixed 24 pips TP. If you feel uncomfortable with the breakout scalping technique, feel free to use the Open Scalping Volatility Trading System to trade with the existing trend only.


Trade Management



Market volatility is a very important factor in determining your profit potential. If you take more risks and expect to change your life, you have the wrong perception of this industry. Everyone should take the calculative risk and it should never exceed their risk threshold level. Novice traders should start trading the market with 1% risk only. As they gain more experience with the Open Scalping Volatility Trading System, they can increase the risk by 2-3% in each trade. However, things will be slightly different when you deal with multiple open trades.

First of all, the trader should never have more than 3 running trades while using the Open Scalping Volatility Trading System. And the risk in each trade should be 1% so that you will lose 3% of your capital in the worst-case scenario. Never predict that you will earn money from a certain trade setup. Preparing to deal with the worst situation is the best action you can take as a currency trader.


Open Scalping Volatility Trading System For MT4 - Conclusion


Investment is a very critical business where you must have control over your emotions. Failing to manage your risk profile and revenge trading is not the solution. As a trader, you should embrace the Open Scalping Volatility Trading System just like any other strategy. Expect to have some losses during your trading career. Try to improve your risk to reward ratio by learning more about the SR level. Wait for minor correction in the price so that you can execute the trade at a better price. And all these things can be mastered in the demo environment where you don’t have to take any real risk.

Getting yourself prepared to deal with a complex market is a very hard task. You may have strong theoretical knowledge about the Open Scalping Volatility Trading System, still, it is better to practice in the virtual trading account. Gain confidence by using this premium system and then switch back to the real trading account. Always remember, discipline is the key to success. Never imagine increasing the risk just because you have won few great trades.

Download the complete system description and the files here:

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