Currency Correlation Trend Scalping Indicator

Currency Correlation Trend indicator specially designed for Scalping Trading. The peculiarity of this intraday Forex strategy is that it was created by the authors for beginners and does not require any serious skills.

Currency Correlation trend indicator Which is in the Down Side two indicators are here first is works on reversal trend and second is also gives us a stront trend reversal. in the chart area which indicators are showing like hiken ashi and Correl Indicators all’s indicators are shows market trend which is help us helps us in scaping trading

Currency Correlation

Trading Rules of Currency Correlation Trend Scalping Indicator

Buying

  • Forex pair should be up trending.
  • Winner Trend Should be in green.
  • The Renko should be in green
  • Correl Indicator lines should be in crossed
  • Place your long position when the above parameters are met.
  • Keep your stop loss below the recent swing low.

Selling

  • Forex pair should be down trending.
  • Winner Trend Should be in red.
  • The Renko should be in red
  • Correl Indicator lines should be in crossed
  • Place your long position when the above parameters are met.
  • Keep your stop loss below the recent swing high.

 

Characteristics of Currency Correlation Trend Scalping Indicator

Platform: Metatrader4

Currency pairs: All Currency Pairs

Trading Time: Any time

Timeframe: M1 and higher

How to install a custom indicator to your MetaTrader 4 platform

1. Locate and copy the MT4 custom indicator file on your computer. These are the MT4 indicator files that you would have downloaded.

2. Open the data folder.

3. Open MQL4 file.

4. Open the indicators folder.

5. Paste the files.

6. Restart MetaTrader 4.

All is Done!

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