TMT Scalping intraday forex pairs scanner

TMT Scalping intraday forex pairs scanner

This screener is related to the forex trading strategy that can be found here in the english forum: http://www.prorealcode.com/topic/tmt-scalping-system/

This forex pairs scanner is made to strictly found the actual pairs that are in accordance to the setup rules of the strategy:

The logic of the system means trading trendline breaks in the direction of the trend and momentum. Therefore, increasing the probability of the trendline break setup… Also, Drawing trendlines require knowledge in price action

COPY & PASTED RULES
Timeframe
M5 or M15

Buy Rules
1. Daily candle is Green
2. RSI Filter is Blue
3. MFI Meter is Green
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your targets

Sell Rules
1. Daily candle is Red
2. RSI Filter is Pink
3. MFI Meter is Red
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your targets

 

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forex scalping
Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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05/30/2016

576 posts • 1844 Followers
  1. avatar
    raviesco • 05/30/2016 #

    Hello Nicolas,

    Thanks for the post.
    Do you have an updated version of this screener/indicator for the latest version of PRT?

    Thanks

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