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Forex Ghost Scalper Strategy

This document provides information on the Forex Ghost Scalper trading strategy. It includes instructions on installing the required indicators and templates, describes three different trading modes (Ghost1, Ghost2, Ghost3) that offer varying risk/reward profiles, an overview of the system's three indicators, advice on taking profits and stops, and pointers to additional resources.

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Don Mell
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449 views6 pages

Forex Ghost Scalper Strategy

This document provides information on the Forex Ghost Scalper trading strategy. It includes instructions on installing the required indicators and templates, describes three different trading modes (Ghost1, Ghost2, Ghost3) that offer varying risk/reward profiles, an overview of the system's three indicators, advice on taking profits and stops, and pointers to additional resources.

Uploaded by

Don Mell
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Forex Ghost Scalper Strategy

1
Installation

MT4 1170+ built installation guide

Open MT4 platform. Click: File/Open Data Folder. Inside click:


MQL4/Indicators – and paste indicator.
MQL4/Templates – paste templates.
After finished restart you MT4 platform for changes to apply.

Or Try to follow this video guide: https://www.youtube.com/watch?v=bATN4WRkfwk

2
Trading Modes
System provides three different trading styles (templates) depending
on your expectations, risk appetite and experience in trading.

GHOST1 (Standard)

Is the most universal mode, providing the most balanced signals.


It provides stable signals with limited risk.
This mode is recommended for beginners as well as experienced
traders.

GHOST2 (Fast)

It’s characterized by the fastest signals as well as the largest


potential profit with increased risk. If you are familiar with scalping
and catching the quick market movements, you should choose this
trading mode.
GHOST3 (Slow)

Provides the most secure signals, with less profit potential at the same
time. Pick this mode if you want to spend the minimum amount of
time in front of the computer.
This mode is recommended for every type of trader.

3
System overview
System contains three indicators.
1. Entry/Exit Indicator.
2. Background.
3. Info panel.

4
When a price hits TP or SL level, the system will look for another entry.

5
Handful of advice
 Before trading, always make sure that the market does not expect any
important data. If something ‘big’ appears in the news calendar, it's
better to wait for their announcement and later join to further
movement

 Always try to trade on major sessions when the volatility is the


greatest

 Try to not overtrade. Do not keep more than 2-3 trades at the same
time

 Background indicator is for visual purpose only. You can of course


turn it off

 You can change indicator colors in the settings

More the Beast Trading Systems and Indicators on the


FXProSystems.com

and
in our Telegram

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