Gadi Scalping is a scalping strategy for the forex market using moving averages and volume indicator confirmation on M5 and M15 timeframes. It works on any currency pairs during high volatility periods.
Strategy Parameters
- Currency pairs: any
- Timeframe: M5, M15
- Trading sessions: London, New York
- Risk management: after setting stop-loss, select lot size so risk is no more than 2-5% of deposit per trade
Indicators Used
For chart analysis, install these standard and custom indicators:
- EMA (21)
- 2MA Crossover
- Fib pivot 2
- JE bar Trend
- Spread Indicator
- Gadi Tick Volume
Download them in the archive at the end of the article.
Installing Indicators and Strategy Template
To simplify setup on charts, use the template from the archive at the end of the article. Follow these steps:
- Unpack the archive with templates and indicators.
- Copy indicators to MQL4 -> indicators folder.
- Copy template to templates folder.
- Restart the terminal.
- Open chart of desired currency pair.
- Apply template named Gadi Scalping.
The chart should look like this after correct installation:
Template of Gadi Scalping trading strategy
Buy Signals
To enter a Buy trade, wait for these indicator signals:
- Price is above yellow and white moving averages.
- Green upward arrow appears.
- Blue bar shows on volume indicator (bottom window).
- Set stop-loss just below nearest local low.
Examples of long trades
Sell Signals
For Sell trades, look for these signals:
- Price is below yellow and white moving averages.
- Red downward arrow appears.
- Red bar shows on volume indicator.
- Set stop-loss just above nearest local high.
Examples of short trades
Trade Exit Methods
- Fixed take-profit.
- Trailing stop.
- Close at key support/resistance level.
Experts at ForTraders.org consider Gadi Scalping a balanced scalping system using modified MetaTrader 4 indicators. You can experiment with alternatives for better results.
Download template and indicators
FAQ
What timeframes does Gadi Scalping use?
M5 and M15 for quick scalping during London and New York sessions.
How to confirm buy signals?
Price above yellow/white MAs, green arrow up, blue volume bar; stop-loss below local low.
What risk rules apply?
Limit risk to 2-5% of deposit per trade by adjusting lot size after stop-loss placement.
