Omega trading (omega trading) | Scalping EA download-MT4/MT5 resources-MetaTrader 5 resources
Hello everyone, I would like to introduce a system that I recently put together. I don't have extensive backtest results. I just looked at it manually. I made some live trades that worked.
Indicators: xlv4 moving average, omega trend index, RSI color, fast scalping.
Pairing: any
tf: 1hr
BUY: 1- Wait for a quick scalp and then an up signal.
2- Wait for the xlv4 moving average to turn blue (it doesn't matter if it is already blue)
3- Wait for Omega Trend to issue a buy signal (it doesn’t matter if it is already a buy signal)
4- Wait for RSI to give blue or red (color doesn’t matter as long as we have color)
Note: RSI blue or red are our entries. No trades should be made until an RSI signal is received. It keeps us away from bad deals.
SL: previous low
TP: 1:1 rr (so if sl is 50 points, tp is 50 points)
From the chart below you can see that Audjpy recently gave an up signal and the RSI gave a red signal 1 hour later, so I entered an up trade. My SL=60 points TP=60
Indicators: xlv4 moving average, omega trend index, RSI color, fast scalping.
Pairing: any
tf: 1hr
BUY: 1- Wait for a quick scalp and then an up signal.
2- Wait for the xlv4 moving average to turn blue (it doesn't matter if it is already blue)
3- Wait for Omega Trend to issue a buy signal (it doesn’t matter if it is already a buy signal)
4- Wait for RSI to give blue or red (color doesn’t matter as long as we have color)
Note: RSI blue or red are our entries. No trades should be made until an RSI signal is received. It keeps us away from bad deals.
SL: previous low
TP: 1:1 rr (so if sl is 50 points, tp is 50 points)
From the chart below you can see that Audjpy recently gave an up signal and the RSI gave a red signal 1 hour later, so I entered an up trade. My SL=60 points TP=60
























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