Forex Smart Pips is a trend-following forex strategy with an indicator. As a result, it is preferable to trade volatile currency pairings on smaller time periods during the European and American sessions.
Characteristics of Forex Smart Pips
Type of strategy: Trend-following, Scalping
Platform: Metatrader4
Currency pairs: Major
Trading Time: European and American session
Timeframe: M5 or higher
Forex Smart Pips has its own set of rules for entering the market.
Long position:
The corresponding signal displays in a dialogue box.
Blue and yellow MA crossed red MA bottom-up at the same moment.
The blue candle closes above the moving average.
Exit when the color of the indicator Forex Smart Pips changes from green to red.
Short position:
The corresponding signal displays in a dialogue box.
Blue and yellow MA passed red MA top down at the same moment.
Exit during color change indication Forex Smart Pips on green when the red candle closes below the MA Indicator.
Forex Smart Pips.rar is a rar archive that contains the following files:
#Signal_Bars_v6.ex4
Forex_Smart_Pips.ex4
PivotsDaily v2.ex4
Forex_Smart_Pips.tpl
Forex Smart Pips User Guide.pdf
Free Download Forex Smart Pips