Disparity Index Reversal Scalping Strategy

Trading Strategies 0 1,737



Summary : 

Disparity Index Reversal Forex Scalping Strategy is based on disparity index indicator and stochastic indicator. Disparity is a percentage display of the latest close to a chosen moving average. This work in all of the timeframe and all of the currency pairs.

 

Metatrader Indicators : 

 - Disparity index Indicator

- Disparity index Oversold and Overbought Zone

            M15 = 0.2, -0.2

            M30 = 0.4, -0.4

            H1 = 0.5, -0.5

 - Stochastic Indicator (8, 5, 3)

 

Long Position Entry : 

1.     Disparity Index must cross above the oversold level .

2.     Stochastic must cross up from oversold zone.

3.     To exit, disparity must cross below the overbought level, it’s zero level or its oversold level.

 

Short Position Entry : 

1.     Disparity Index must cross below the overbought level.

2.     Stochastic must cross down from overbought zone.

3.     To exit, disparity must cross above the oversold level, it’s zero level or the overbought level.

 

Exit Rules : 

- BUY : Disparity must cross below the overbought level, it’s zero level or its oversold level.

- SELL : Disparity must cross above the oversold level, it’s zero level or the overbought level

 

How to install Files?

- Download Disparity Index.zip

- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /

- Copy tpl file (Template) to your Metatrader Directory / templates /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select disparity index reversal scalping 15 min

- You will see disparity index reversal scalping 15 min is available on your Chart

 

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