High accuracy Forex SCALPING “Fisher Trendisimo Scalping Strategy with Stochastics Oscillator Filter” – Scalping is difficult. Scalping consumes much of your time. Scalping drains your energy. Scalping drains money out of many traders. But with a good strategy, it is a very profitable endeavor to take.
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- Use a demo account or a small live account first to practice this trading system
This “Fisher Trendisimo Scalping Strategy” is a very simple high accuracy scalping system. Fisher is a histogram indicator with lime color indicate that the trend’s bias is bullish, while histograms with red color indicate the trend’s bias is bearish.
The Fisher indicator on its own is good.
However, it is best to use it in combination with other indicators or strategies.
- Time Frame: M5 or higher
- Currency Pairs: GBPUSD and EURUSD
- Fisher
- Trendisimo
- Stochastic oscillator (One of the advantages of the stochastic indicator is its ability to react quickly with what price is doing. This allows the trader to see minor swings, which scalpers love to take profit from.)
- Download TraderVersity.Com-FisherTrendisimoSystem (Zip File)
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators /
- Copy the “TraderVersity.Com-FisherTrendisimoSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex system
- Right click on your trading chart and hover on “Template”
- Move right to select TraderVersity.Com-FisherTrendisimoSystem
- You will see “Fisher Trendisimo Scalping Strategy with Stochastics Oscillator Filter” is available on your Chart
- Fisher: Plotting lime histograms (indicating that the market’s bias is bullish).
- Trendisimo line: Blue color
- The Stochastic Oscillator indicator should be crossing the 20-line from the oversold area.
- Fisher: Plotting red histograms (indicating that the market’s bias is bearish).
- Trendisimo line: Yellow color
- The Stochastic Oscillator indicator should be crossing the 80-line from the overbought area.
This combination of Fisher, Trendisimo, and Stochastic Oscillator indicators is a “Forex WINNING STRATEGY“.
The Fisher and Trendisimo line confirms the direction and the stochastic acts as a filter for the trade.
Using the Stochastic Oscillator indicator as a filter is very effective due to its responsiveness to catch high profitability setups. While using the stochastics as a filter increases the reliability of the trades.