Learn how to use the Meta Trader 4 platform for consistent profits in forex trading. Follow a winning strategy for one-minute scalping using a combination of indicators. Ensure all indicators are in agreement before placing trades. Use this strategy for trading indices like US 30. Download the Forest tools for free in the video description. Check the Forest Factory for any news before taking any trades. Only change the input values of the indicators as needed.
Meta Trader for Winning Strategy: A Guide to One Minute Scalping
Introduction
Are you searching for a winning Forex trading strategy that guarantees consistent profits? Look no further, as this article demonstrates a Meta Trader 4 (MT4) winning strategy that is easy to execute and consistently profitable. This one minute scalping strategy combines a few indicators, and when used correctly, can help you harvest profits in a matter of minutes. In this article, we will show you the settings and the indicators used to achieve consistent profits.
Setting Up the Indicators
To begin using this winning strategy, you must have some knowledge of MT4. Secondly, you should download and install the required tools, which are free and provided in an individual description. The four indicators required for this one minute scalping strategy are:
1. AMA Crossover
2. MACD0 Crossover Arrows
3. Multi-MB Indicator
4. Ultimate Trend and Pass Indicator
AMA Crossover Indicator
The AMA Crossover Indicator is not necessary to use as it duplicates what the MACD0 Crossover Arrows and Multi-MB Indicator do. However, if you prefer to use it, set the arrow type to “Box,” and adjust the right-hand corner of your chart to your preference.
MACD0 Crossover Arrows
The MACD0 Crossover Arrows set the color of the box to yellow for “SELL” and white for “BUY.” Set the MACD13 and MACD21 to 13 and 21, respectively, as they have almost the same value as the previous indicator. It is essential to note that the indicator will display similar marks and value as the multi-MB indicator, so ensure you enter the same values as seen in the screenshot provided.
Multi-MB Indicator
The Multi-MB Indicator displays the green and gray arrows in the first two rows for “BUY” and “SELL,” respectively. The third value entered should be switched off by entering “280” in the inputs tab. Lastly, set the arrow distance to “15” and use any box design that you prefer.
Ultimate Trend and Pass Indicator
The Ultimate Trend and Pass Indicator change the colors of the candles to “Blue” for “BUY” and “Red” for “SELL.” There is no need to adjust any inputs except for the color scheme.
Using the Strategy
Before you place any trade, it is crucial to check the Forex Factory to ensure that there are no news releases for the next 30 minutes before or after your trade. To execute this strategy, follow these steps:
1. Ensure that the yellow line crosses the red and the right moving average on the chart is below the aqua color.
2. The MACD box must be of the same color as your preferred trade.
3. Confirm that the green and gray arrows in the first two rows indicate the color of your trade direction.
4. Look for an arrow in the Multi-MB Indicator that matches the direction of your trade.
5. Place your trade.
Conclusion
In conclusion, this Meta Trader for winning strategy is perfect for one minute scalping. It uses four indicators to ensure consistent wins. Be sure to pay attention to the instructions provided to set up the indicators correctly. This strategy is simple and profitable with consistent execution. Always remember to check the Forex Factory news releases before placing any trade. Start trading with this strategy and enjoy profitable trades in no time.