davidbradshawfx ScalpingSystem

[cazador]

http://www.davidbradshawfx.co.uk/scalping.png

 

CONGRATULATIONS! Here is one of my Forex Trading Systems that made me lots of Money. I have been trading since 2004 and luckily I have been very successful. Now its time for me to give back to the Forex Community and share one of my Systems with you that I developed a year ago.

From time to time I will keep in touch with you and gradually share some of my other systems too, with you for FREE!

OK before I start explaining how to trade, first I would like to give you a few advice. This Scalping System can be traded on any time frame but its better to trade on the 5Min charts. Always trade between 02:00 EST (07:00 UK Time) and 12:00 EST, (17:00 UK Time)

There are only Three Indicator files that we use and one Template file. There is a link at the bottom to download these files in a Zipped .rar format. If you do not have rar file unzipper, look in Google for a free rar file unzipper. Install it on your computer and use it to unzip the "indicators.rar"

First make a Folder on your Desktop and name it as "DAVID BRADSHAW" and extract all files in this folder.

Then go to My Computer/C:/ Program Files/MT4/Templates/ and drag the Davidbradshaw.tpl file from your desktop to this Template folder. Then go back and doubleclick on Experts, double click on Indicators and drag all other three files in the Indicator Folder. Now close everything and then restart your MT4 platform.

Open EUR/USD 5Min Chart, right click on the chart a window will open, click on Template, another window will open, select Davidbradshaw. This will place all the indicators on your chart and your chart will look like the one you have on the top here. Now compare your chart with mine and when you are satisfied, open 5Min GBP/USD, USD/CHF, USD/JPY, AUD/USD and USD/CAD charts too and populate these charts too with this template. Now you are ready to trade.

First look at the Multipair Indicator. You will see these 6 Pairs on the left hand side and the Time Frames on the Top lane. Then below you will see Red and Blue Arrows and also sideways arrows too. Select those pairs that have all Red Arrows down until 1Hr or all Blue Arrows up until 1Hr. These arrows show you in which direction the pair is Trending. Selecting these pairs gives you an opportunity to catch the big moves if any.

Having decided which pair to pick, bring it in front of you and first look at the "Zwinner_Colour_Signal" Indicator. This is the Red and Aqua coloured line running with the candles. Now once the colour changes to Aqua, you look below at the "Zwinner_Stochastics" Indicator for confirmation. The Stochastics lines should be rising above the 20 level, if it is then go Long, meaning Buy and place your stop 2 pips blow the lowest of the last three candles. (You can Add the Levels 20 and 80 manually by clicking on the Levels Tab in the Zwinner _Stochastics Indicator)

Once you are in the trade, exit and Take Profit when you see the "Zwinnercoloursignal" Indicator change colour to Red.

Go Short or Sell when you see the Zwinner_colour_signal" Indicator change colour to Red and the Zwinner_Stochastics is going below the 80 level. Exit and Take Profit when you see the colour change to Aqua.

This Scalping System is not 100% Mechanical. At times you would also need to use your own discretion. For example you can Take Profit when you see the Stochastic lines crossover much before the line colour has changed..

I am sure you will make many Profitable Trades by employing my Scalping System.

I wish you Great Success as a Forex Trader.

 

Indicators:

http://www.davidbradshawfx.co.uk/indicators.rar

mirror:

http://www.mediafire.com/?f0u8j8duj7v0v3d

 

Regards

 

 

[fxeasy5]

It freeze my Mt4, nothing goes until I kill the task.

Does it work for somebody here ?

[⭐ izogrey]

Yes, it works here.

 

But the template file isn't good. Just try to put the indicators on your chart, without using the template.

 

And Multipair is too CPU consuming, for my taste. :)

[⭐ dukeaugustus]

I have not traded this, but I recognize the Multipair indicator. You only need Multipair indicator on 1 chart. There is no need to put it on additional charts, as that only adds duplicate information, adds clutter, and consumes additional CPU time.