pavlaras

FXCM:EURUSD Scalping Algo - GB

pavlaras Updated   
Version 1.01

The indicator script for the scalping algo optimized for FXCM:EURUSD 30m candlestick charts using the price data between August 5th 2019 - August 28th 2019. You can find the strategy script here:
How-To-Use:

- Open the FXCM:EURUSD candlestick chart on the 30m timeframe.
- Enter the market on Long/Short signals.
- Put a hard stop loss slightly below the Soft Stop Loss (Yellow line). You can use the Soft SL Deviations for that.
- If you get stopped out and the algo doesn't flip, re-enter the market.
- Take 100% profit on the first Hedge Signal.
- If you want to re-enter the market, use any of the Add signals and take again 100% profits at the next Hedge signal.
- Rinse and repeat.

Good luck. have fun :)
Release Notes:
Version 1.02

- Re-optimization update.
- Added MTF Hedge/Add signals.
Release Notes:
- Optimal Settings update.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact pavlaras for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

Warning: please read before requesting access.