Summary
:
PEE scalping strategy is a trend following
method that uses Exponential Moving Averages to identify the trend.
Metatrader
Indicators :
- Exponential Moving Average (633, Close).
- Exponential Moving Average (200, Close).
- Exponential Moving Average (36, Close).
- Exponential Moving Average (12, Close).
- PFE (10, 5, 10,10);
- Pivot Points.
Trading
Conditions
- Chart Timeframe : 5 Minute, 15 Minute.
- Currency Pairs : EUR, GBP, AUD, USDCHF, USDCAD
Long
Position Entry :
1. EMA 12 is greater than EMA 36, EMA 36 is
greater than EMA 200, EMA 200 is greater than EMA 633.
2. PFE is greater than 0.
3. Re-entry is possible when the price bounces
on EMA 200 or EMA 633 but wait when EMA 12 is greater than EMA 36 or with the
previous conditions.
Short
Position Entry :
1. EMA 12 is less than EMA 36, EMA 36 is less
than EMA 200, EMA 200 is less than EMA 633.
2. PFE is less than 0.
3. Re-enter with the previous conditions or when
the price bounces on the EMA 200 or 633 EMA but wait that EMA 12 is less than
EMA 36.
Exit
Rules :
- Profit Option : pivot points.
- Stop Loss Option 1 : at 3 pips.
- Stop Loss Option 2 : above or below MA 48.
How to install Files?
- Download *.zip file.
- 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 Template
- You will see Trading System strategy is
available on your Chart