Xard777 Ma Scalping

Xard777 Ma Scalping is fprex strategy based on a complex indicator created by Xard777.

This scalping strategy, traders can utilize a slow stochastic filter to further confirm trade signals. The slow stochastic oscillator is a momentum indicator that compares a security's closing price to its price range over a specified period. It consists of two lines, %K and %D, which oscillate between 0 and 100.

Xard777 Ma Scalping

Setup strategy

Time Frame 1 minute or higher.

Currency pairs majors and indices.

Metatrader Indicators 4

3 traffic lights

Xard FX Ma (default setting);

Donchian Channel 100 periods, close.

When incorporating the slow stochastic filter into the strategy, traders can look for the following conditions.

Buy Signal Confirmation

White circle traffic light (preferably at the support line of the Donchian Channel).

Xard FX Ma line indicating the same color.

Stochastic oscillator in oversold territory (optional), followed by the %K line crossing above the %D line and rising above the 60 level.

Both fast and slow moving averages showing a blue color.

Xard777 Ma Scalping

Sell Signal Confirmation

Red circle traffic light (preferably at the resistance line of the Donchian Channel).

Xard FX Ma line indicating the same color.

Stochastic oscillator in overbought territory (optional), followed by the %K line crossing below the %D line and falling below the 60 level.

Both fast and slow moving averages showing a red color.

By waiting for the slow stochastic oscillator to confirm the overbought or oversold conditions and its subsequent movement above or below the 60 level, traders can increase the reliability of their trade entries. This additional confirmation helps to reduce false signals and enhances the overall effectiveness of the Scalping strategy.

Xard777 Ma Scalping

Examples of trades

Xard777 Ma Scalping

Xard777 Ma Scalping

Example of trade with stochastic filter.

Xard777 Ma Scalping

Download

https://drive.google.com/file/d/1HwUOXjDl1o-x6w7uxsY3BV0-0KeDe2cF/view?usp=sharing


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