Forex for a trader
Forex scalping strategy indicators

Forex scalping strategy indicatorsDownload Best Scalping Trading Strategy indicator (Simple Method) Scalping indicator 2018 It is impossible for the new traders in the forex trading for the hearing about the scalping indicators. This is because that this trading is only for the expert traders in this field and not everyone can get the success in the best forex indicator for scalping as well as the newbie want to get the fruit so quickly. If you are a new user and trader to the forex then you must have to apply for the scalping as it is so much beneficial if you are working on the very small charges and on a very small cash pay. The trading positions in the best indicator for scalping are entered and excited with very short time duration just because of the amazing feature of this scalping indicator. But before to get started the tools scalping indicator work, you must have to learn basic to advance skill how this system work in a more better way so that you got the best of the best results which you want to do. Top Simple Moving Average Scalping Indicator. Finding the best ever indicator for the scalping is a little bit different in the best scalping indicator as I told you earlier that this system is not so good for the newbie who just start up in the forex trading as well as scalping indicators mt4 indicating. The two most common and profitable indicators are as follow: Moving Average Indicator Parabolic SAR Indicator These two are the best that we are using in the methods of the trading system as well as in the forex parliamentary tricks scalping indicators. The moving average is the first one on the list of the forex in the scalping software as it is the first ever initial step to get in touch with the most powerful and common trick that are the best source of the making some bricks in the best trending indicators. Parabolic SAR Scalping Indicator mt4. The specific chart blow on the average of the trending items in the broker that is present in the forex trading sculpting. As long as we want to did with this, we have to change the scalping 1 minute chart forex scalping ratio below the 5.0 and it should not be extended to the 7.0 or more. The SAR stands for “Stop and Reverse” and it is so useful for the trend showing working in the list form. It is an automatic submission that can play an important role in the charting points that lead the price signal to the start of the recracement best mt4 indicators. Multiple Chart Scalping indicator free. In short the scalping indicator is very sourceful and helpful in the entry and exit points, tracking shops that can never be placed from it’s position as it is the best source to get the factor in the forex trading from the scalping indicator as well as the forex trading broker. However, the best indicator are the reasons behind the binary trolls that are the main and authentic reasons behind the best success of the moving average scalping. So go for it and get the all what you want but first learn the all skill that is the part of the scalping indicators. 15 Pips Forex Scalping System – very accurate trading system for scalping.

15 Pips Forex Scalping System is very accurate trading system for scalping, which is intended to trade on the timeframes M5 and M15. 15 Pips Forex Scalping System consists of only 2 main (ArrowsAndCurves, freescalpingindicator) and one additional (BarTimer) indicators, which makes this strategy is also very simple. Characteristics of 15 Pips Forex Scalping System. Platform: Metatrader4 Currency pairs: Low spread major pairs Trading Time: European and American sessions Timeframe: M5 and higher Recommended broker: Alpari (ecn. mt4 or pro. ecn. mt4 accounts) Rules of trade by 15 Pips Forex Scalping System. Open Buy : Appeared blue up arrow. Free Scalping Indicator displays a green bar. Open the Long position on the next candle. Take Profit 15 pips. Stop Loss is set at the bottom of the green line indicator ArrowsAndCurves. Open Sell : Appeared red down arrow. Free Scalping Indicator displays a red bar. Open the Short position on the next candle. Take Profit 15 pips. Stop Loss set at the upper of the green line ArrowsAndCurves indicator.

Very important! For a successful trade by this strategy as for the most of scalping systems are necessary currency pairs with as low spread, which is available on ecn. mt4 or pro. ecn. mt4 accounts by Alpari. In the archive 15_Pips_Forex_Scalping_System. rar: ArrowsAndCurves. ex4 BarTimer. ex4 freescalpingindicator. ex4 15 Pips Forex Scalping System. tpl. Free Download 15 Pips Forex Scalping System. A Simple Scalping Strategy. Your Forecast Is Headed to Your Inbox. But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk. Your demo is preloaded with ?10,000 virtual funds , which you can use to trade over 10,000 live global markets. We'll email you login details shortly.

You are subscribed to Walker England. You can manage you subscriptions by following the link in the footer of each email you will receive. An error occurred submitting your form. Please try again later. Article Summary: Creating a Forex trading strategy does not have to be a difficult process. Today we will review a simple scalping strategy using the Stochastics indicator. Traders who are looking to peruse Scalping opportunities in the Forex market will benefit from having a completed trading strategy at their disposal. The number of variables that can be added to a strategy are limitless, and it is often good to have a simple strategy on standby. Today we are going to review a simple stochastic strategy that can be used for scalping trending Forex currency pairs. So let’s get started! The first step to trading any successful trend based strategy is to locate the trend! The 200 period MVA ( Simple Moving Average ) is one of the markets most used tools for this purpose.

Traders can add this indicator to any graph and identify whether price is above or below the average. If price is above the MVA traders can assume the trend is up and look to buy. Below we can see a 5minute AUDJPY chart accompanied with the 200 periodscal MVA. Given the information above, traders should look to buy the AUDJPY as long as it remains trending higher. If the trend continues, expectations are that price will remain above the 200 period MVA and new highs will be created. Learn Forex – AUDJPY with 200 MVA. Once a trend is spotted using the 200 period MVA, and a trading bias has been established, traders will begin looking for a technical trigger to enter into the market. Oscillators are common choices, and SSD (slow stochastics) can be added to your graph for this exact purpose. Below we can see the AUDJPY 5 minute graph, this time with SSD added. Since we have identified the AUDJPY in an uptrend traders will look to buy when SSD signals momentum returning back in the direction of the trend. This occurs when the Green %k line crossover the Red %D line below an oversold level of 20. Below you will find several examples of past SSD crossovers from today’s trading on the AUDJPY. Note how only buy positions are to be taken on bullish crossovers as the uptrend continues.

At no point should traders consider selling as the uptrend continues. Learn Forex – AUDJPY & SSD. As with any active market strategy, scalping Forex trends carries risk. It is important to know upfront that trends eventually do end. Scalpers can use a swing low or even the 200 period MVA as places to set stop orders . In the event that price breaks and begins creating lower lows, traders will wish to exit any existing long positions and look for other opportunities. Trading strategies are influenced by events in the global markets. Check out our Introduction to Forex News Trading guide which provides insights on trading based on the events influencing markets. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Top Technical Indicators for a Scalping Trading Strategy. Scalpers seek to profit from small market movements, taking advantage of a ticker tape that never stands still during the market day. For years, this fast-fingered crowd relied on Level II bidask screens to locate buy and sell signals, reading supply and demand imbalances away from the National Best Bid and Offer (NBBO), or the bid and ask price the average person sees.

They would buy when demand set up on the bid side or sell when supply set up on the ask side, booking a profit or loss minutes later as soon as balanced conditions returned to the spread. That methodology works less reliably in our modern electronic markets for three reasons. First, the order book emptied out permanently after the 2010 flash crash because deep standing orders were targeted for destruction on that chaotic day, forcing fund managers to hold them off-market or execute them in secondary venues. Second, high-frequency trading (HFT) now dominates intraday transactions, generating wildly fluctuating data that undermines market depth interpretation. Finally, the majority of trades now take place away from the exchanges in dark pools that don't report in real time. Scalpers can meet the challenge of this era with three technical indicators custom-tuned for short-term opportunities. The signals used by these real-time tools are similar to those used for longer-term market strategies, but they are instead applied to two-minute charts. They work best when strongly trending or strongly range-bound action controls the intraday tape; they don't work so well during periods of conflict or confusion. You'll know those conditions are in place when you're getting whipsawed into losses at a greater pace than is usually present on your typical profit and loss curve.

Read on for more about such signals. (For related reading, see: Introduction to Trading: Scalpers, Understanding the Ticker Tape and The Basics of the Bid-Ask Spread. ) Moving Average Ribbon Entry Strategy. Place a 5-8-13 simple moving average (SMA) combination on the two-minute chart to identify strong trends that can be bought or sold short on counterswings, as well as to get a warning of impending trend changes that are inevitable in a typical market day. This scalp trading strategy is easy to master. The 5-8-13 ribbon will align, pointing higher or lower, during strong trends that keep prices glued to the 5 or 8-bar SMA. Penetrations into the 13-bar SMA signal waning momentum that favors a range or reversal. The ribbon flattens out during these range swings, and price may crisscross the ribbon frequently. The scalper then watches for realignment, with ribbons turning higher or lower and spreading out, showing more space between each line. This tiny pattern triggers the buy or sell short signal. (For more, see: Market Reversals and How to Spot Them .) Relative StrengthWeakness Exit Strategy. How does the scalper know when to take profits or cut losses? 5-3-3 Stochastics and a 13-bar, 3-standard deviation (SD) Bollinger Band used in combination with ribbon signals on two-minute charts work well in actively traded markets, like index funds, Dow components and for other widely held issues like Apple Inc. (AAPL). The best ribbon trades set up when Stochastics turns higher from the oversold level or lower from the overbought level.

Likewise, an immediate exit is required when the indicator crosses and rolls against your position after a profitable thrust. (For more insights, see: What Are the Best Indicators to Identify Overbought and Oversold Stocks? ) Time that exit more precisely by watching band interaction with price. Take profit into band penetrations because they predict the trend will slow or reverse; scalping strategies can't afford to stick around through retracements of any sort. Also, take a timely exit if a price thrust fails to reach the band but Stochastics rolls over, which tells you to get out. Once you're comfortable with the workflow and interaction between technical elements, feel free to adjust standard deviation higher to 4SD or lower to 2SD to account for daily changes in volatility. Better yet, superimpose the additional bands over your current chart so that you get a broader variety of signals. (To learn more about other band indicators that can guide your trades, see: Capture Profits Using Bands and Channels .) Multiple Chart Scalping. Finally, pull up a 15-minute chart with no indicators to keep track of background conditions that may affect your intraday performance. Add three lines: one for the opening print and two for the high and low of the trading range that set up in the first 45 to 90 minutes of the session. Watch for price action at those levels because they will also set up larger-scale two-minute buy or sell signals. In fact, you'll find that your greatest profits during the trading day come when scalps align with support and resistance levels on the 15-minute, 60-minute or daily chart. (For more, see: Trading With Support and Resistance .) Scalpers can no longer trust real-time market depth analysis to get the buy and sell signals they need to book multiple small profits in a typical trading day. Fortunately, they can adapt to the modern electronic environment and use the technical indicators reviewed above that are custom-tuned to very small time frames.

(For more, see: Scalping as a Novice Trader. ) 5 Min Forex Scalping Strategy With Stochastic And Supertrend Indicator. Benefit from the 5 min scalping fx strategy with the special Supertrend Metatrader 4 indicator. There are only a few steps required to open buy and sell trades with a 10 pip profit target. Chart Setup. Indicators: SuperTrend, Stochastic Oscillator (%K period: 7, %D period: 3) Preferred time frame(s): 5 Min Trading sessions: London, Us Preferred Currency pairs: EURUSD, GBPUSD, GBPJPY, EURJPY, AUDUSD, USDJPY. Download. USDJPY M5 Trading Example. Our system provided us with 3 profitable buy entries along an up trend. Total profits: 30 pips. One open trade at 104.86. Trading Rules. Buy Rules: Price has to trade above the SuperTrend indicator (green line) Stochastic touches the 20 level (or go below 20) Stochastic blue line crosses the red dotted line from below. This is your buy entry signal. Place stop-loss 1 pips below the rising SuperTrend line.

Profit target: 10 pips. Sell Rules: Price has to trade below the SuperTrend indicator (red line) Stochastic touches the 80 level (or go above 80) Stochastic blue line crosses the red dotted line from above. This is your sell entry signal. Place stop-loss 1 pips below the declining SuperTrend line. Profit target: 10 pips. The Best Scalping Indicators. The Best Scalping Indicators. It is almost impossible for anyone involved in currency trading to have not heard of scalping indicators . But, if you are new to trading, scalping is a trading style that focuses on creating profits on very small price changes. Positions are entered and exited within a short time duration, which can be within minutes. This post is going to assume you already have an understanding of scalping and will focus on some of the indicators you could use to form a simple and successful scalping strategy. If you want to learn more about the basics of scalping the Forex market, check out “ The Quick Guide to Forex Scalping ” for a better understanding of how it works.

Finding the best indicator for scalping can be difficult, but based on our years of experience, these two indicators will give you a head start to scalping successfully. So now let’s take a deeper look at two of the best scalping indicators. Moving Averages Parabolic SAR. Oh and if you hate reading, check out the video below where we cover these indicators in detail. Video: Using Moving Averages and Parabolic SAR for Scalping. Click Here to Register for a Live Trading Session. Simple Moving Average Scalping Indicator. The Simple Moving Average is first on the list of scalping indicator that can be used to create a very simple strategy. The simple moving average shows the average price over a specific time period allowing you to know if the price is going up or down, thus identifying a trend. So for example, if you wanted to plot the 7 period on a 10-minute chart, you would add all the closing prices of the last 70 minutes and divide that number by 7. If you want to learn how to calculate simple moving averages and other types of moving averages check out this post .

The chart below shows the combination of the 5-7-13 simple moving average periods on a 1-minute chart. The lines of the 5-7-13 moving averages will stack up, pointing either above or below. Trends have prices stuck to either 5 or 7-bar simple moving averages. Diminishing strength is depicted when price penetrates the 13-bar moving average, an indication of a range bound market or a reversal signal. The smaller space between the lines when the ribbons are somewhat above price bars represents a sell signal, while more space among the lines when the ribbons are aligned somewhat below price bars is a signal to buy. While simple moving averages are excellent for entry techniques there main downside is they lag behind the price since they average the price of previous time periods. That’s why you want to combine a simple moving average with our next indicator, the Parabolic SAR. Parabolic SAR Scalping Indicator. The Parabolic SAR (the SAR stands for “Stop and Reverse”), is useful in showing the trend of a price action. In an uptrend the parabolic SAR will chart points below the price, inversely it will start charting points above the price to signal the start of a retracement. When parabolic SAR only charts one or two points above the price it is signaling that the recent price action is only a pullback and to leave your trades open. However, if it charts three or morepoints above the price it is signaling a deeper retracement coming or even a reversal.

While some traders use it for planning their entries it should only be used as a trailing stop. Final Thoughts. Scalping indicators, while very helpful in identifying entry and exit points for your trades, can never replace the human factor in trading. You still have to carry out your trading duties and be aware of other events that may influence the market. However, the best indicators are designed to help traders make sense of price movements and simplify a trading strategy. Whether you’re a novice or seasoned trader, scalping requires a lot of your personal time, but using the right indicators can make trading a whole lot easier. THE FOREX ARMY. US AGAINST THE MARKET. Begin your journey to being a profitable trader with us. TRADE TOGETHER AS A TEAM.

AUTO TRADING CAPABLE. 1,2,3 STAR RATED SETUPS. 8 STAGE INTENSIVE BOOTCAMP. REAL-TIME LIVE TRADING ROOM. GAIN RANKS AS YOU TRADE BETTER. Learn From A Team Trusted To Provide Technical Analysis To 6 Major Brokers. Desmond Leong is the commander of the analyst team and currently runs the technical analysis division of 6 major brokerages. He previously advised the trading desks of banks and hedge funds such as Goldman Sachs and is one of the top authors on tradingview. We believe in trading together, profiting together and enjoying life together. There’s enough money in the market to be made for everyone. We also believe strongly in teamwork. That’s the only way we can have eyes on every part of the market and be on our guard for good trading opportunities. Andrew is the Armiral of The Forex Army, ensuring all our cutting edge IT systems are performing smoothly and always on the forefront of developing new systems that pushes the boundaries of MT4 and trading.

Captain Li Xing is one of the skilled analyst monitoring the markets for good trading opportunities. She is also in the front lines of answering questions particularly pertaining to technical analysis, postition management and trading. She has a passion for ballet and is a terrific pianist. Lieutenant Laura takes care of all our fellow traders. She carefully monitors the progress of every trading idea and is the eyes and ears on the forex battleground. She is in the front lines of ensuring every trader is properly equipped with the correct arsenal of tools to take on the forex market. Captain Annabel is one of the skilled analysts that is constantly monitoring the markets for good trading opportunities. She is also in the front lines in answering questions on technical analysis that traders may have. She also loves baking and taking care of plants. 1. About The Forex Army 2. Trading Psychology (intensive) 3. Advanced Support & Resistance 4. Advanced RSI & Stochastic 5. Advanced Fibonacci Retracement & Extensions 6. Price Action 7. Trade Management 8. 3 Highly Profitable Trading Strategies. While you are completing all 8 stages of the bootcamp, you are welcomed to learn and trade together as a team in our proprietary Live Trading Room. . Access to the live trading room is free. . In the live trading room, you’ll receive : – Profitable Trading Signals – Real-time Trading Guidance – A fun community trading together – Army ranks and badges as you achieve more goals – Ability to practice your analysis and get helpful feedback from our team. Grow your trading account together with us as a team.

. As you trade better, you will get awarded higher ranks and badges earning the respect of your fellow soldiers. . You will be given more duties, responsibilities and power to guide the new batch of soldiers coming in to start their journey towards profitability. Applications are full, sorry! Sorry, we’re not accepting any more entries. The Forex Army is now an exclusive private community. If you have a very good reason why you should be in this community, drop an email to email protected JOIN THOUSANDS OF SOLDIERS. Results Speak Louder Than Words. 1st Trading Style : The Full-Time Trader. Trader Name : Pontus Lindberg Country : Sweden. Starting Capital : $1,580.97 Profits in 1 month : $2,126.69 Growth : 134% Drawdown : 7% Live Account Statement.

2nd Trading Style : The Part-Time Trader. Trader Name : James Scarrow Country : Canada. Starting Capital : $2834.62 Profits in 1 month : $1,654.95 Growth : 58% Drawdown : Trader Name : Timothy Hughes Country : Australia. Starting Capital : $10,000 Profits over 6 month : $3,763.12 Growth : 37.63% Drawdown : Read Phil's Testimonial. Phil Song's Testimonial. Kimmy Ali Khan's Testimonial. Kimmy Ali Khan's Testimonial. Danny's 1st Testimonial. Danny's 1st Testimonial. Timofy Hughes' Testimonial.

Timofy Hughes' Testimonial. Leszek Makowski's Testimonial. Leszek Makowski's Testimonial. Danny's 2nd Testimonial. Danny's 2nd Testimonial. Mason Tuttle's Testimonial. Today was my first day working with the TFA Sniper. As it was only 1 day I will hold my judgement, but let me say this! It is AMAZING. It is not doing anything new , however it is taking out the effort required to plot fib levels. Here are my trades from today: I made some dumb mistakes, that left a lot on the table. But still in the green. I will watch more closely, and not leave open trades while taking a bathroom break. Mason Tuttle's Testimonial.

Today was my first day working with the TFA Sniper. As it was only 1 day I will hold my judgement, but let me say this! It is AMAZING. It is not doing anything new , however it is taking out the effort required to plot fib levels. Here are my trades from today: I made some dumb mistakes, that left a lot on the table. But still in the green. I will watch more closely, and not leave open trades while taking a bathroom break. Gigikitajaya's Testimonial. Gigikitajaya's Testimonial. Bill McManus' Testimonial. Bill McManus' Testimonial. Applications are full, sorry! Sorry, we’re not accepting any more entries. The Forex Army is now an exclusive private community.

If you have a very good reason why you should be in this community, drop an email to email protected © 2015 – 2017 TFA Global Pte. Ltd. All rights reserved. All other trademarks appearing on this Website are the property of their respective owners. Disclaimer and Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. The information on this site is not directed at residents of countries where its distribution, or use by any person, would be contrary to local law or regulation. Automated Forex Trading System – 80% Accurate Forex Scalping System Strategy With MACD And Stochastic Indicator. As a professional trader spending hours on hours per week looking at charts, you start to develop a technical vision which unconsciously lets you see cardinal points in the market, overlooked by the untrained eye. For several years, I have been following a certain pattern in the market which produces over 80% winning trades every time I apply it . Use these NON-REPAINT Tools For Making The Perfect Trade Entry ( the best trading tools all traders MUST HAVE ) Use a demo account or a small live account first to practice this trading system DOWNLOAD TRADING SYSTEM.

After working with it manually for several years and taking very nice profits from the market, I have started the phase where I am trying to automate my rules of trading as much as I can. My belief is ( and it’s almost certainly a fact ) that there are certain strategies, especially the most accurate ones, which simply cannot be converted into 100% automated without losing accuracy and the Pips Carrier is one of them . However, using available technology in a smart way allows you to mediate this deficiency and achieve at least 95% automation. A late night dinner with a dear friend led me to a decision. “Why not publish it and let others enjoy it as well, and, more importantly, profit from it?” His enthusiasm convinced me. In addition, releasing this system goes hand in hand with my primary goal, which is to increase the level of trading for many traders out there. With the help of my trading tools, I have created for you (well, Marina coded it so she deserves some credit), the Pips Carrier, which turns out to be a piece of cake even for beginners, allowing them to produce amazing results right from the start. My belief is that even a trader who uses technical analysis must understand the basics of the indicator he uses in his day to day trading. The first indicator I want to talk about is the MACD indicator. MACD stands for Moving Average Convergence Divergence. It is a very important indicator. Unfortunately, I don’t know a lot of traders who have an in?depth understanding of the importance of this indicator, and even fewer traders who use it as they should. The MACD indicator is considered by many, including myself, to be one of the most reliable of all the existing indicators in technical analysis—when used correctly (which is what I’m here for). This indicator has been developed by Gerald Appel , who is considered a classic technical analysis guru. The MACD indicator consists of 2 moving averages and a histogram.

This is what it looks like: The BLUE average is the short period average and the RED average is the long period average. Note : the MACD Complete indicator included with the Pips Carrier installation is NOT the same as MetaTrader’s built in MACD. The one you got with Pips Carrier follows the classic form of the MACD. The histogram (the vertical bars you see below the lines) represents the difference between the two averages. Zero level is the most important level of this histogram. This is a test level. When the histogram is above zero level , the currency is on an uptrend . When the histogram is below zero level , the currency is on a downtrend . Let’s look at the following chart and analyze it: You notice that the histogram consists of several slopes. A histogram’s slope determines the current direction of the market . If a histogram is above zero level and its slope is facing down, this is a sign that the market is expected to decline. If a histogram is below zero level and its slope is facing up, it means that market is likely to go up. Let’s look at another example: In this strategy we will look for a very specific setup: For a long trade , we want the histogram to: Be above zero level. Then we want it to start declining towards the zero level.

After it nears the zero level, we want it to reverse and go up again. This situation indicates that the market is on its way to a reliable uptrend, one that will allow us to join it. An example of a long trade such as the one we’ve just described: For a short trade, we want the histogram to: Be below zero level. Then we want it to start rising towards the zero level. After it nears the zero level we want it to reverse and go down again. This situation indicates that the market is on its way to a reliable downtrend, one that will allow us to join it. For example: We want to join this downtrend. Now, you are probably wondering: when exactly should we enter this trade? In order for us to answer this question we should turn to our next indicator – the Slow Stochastic. This indicator will help us with making a final confirmation of this trade and it will determine the exact point to enter it. I’ve included the Stochastic with the Pips Carrier template, and this is what it looks like: This indicator consists of two very important levels: Level 80 and level 20. These two levels represent extreme zones . Level 80 reflects the overbought zone and level 20 represents the oversold zone . I assume that when the market reaches these levels, it is about to change its direction. So, if the Stochastic reaches level 80, I would expect the market to turn down. If it touches level 20, I would expect it to go up. After we’ve learnt about these two indicators, let’s see exactly how we should execute trades. I’m going to divide this explanation into the two possible scenarios: Entry for buy (long) Entry for sell (short) 1. First we need to recognize a turning point on the MACD histogram . This means that the blue histogram bars should be above the zero level, and then it should start declining. Finally it should reverse and go up again.

2. After we’ve made sure that conditions are met on the MACD histogram , we should turn to the Stochastic indicator and see its position: we need it to be on the oversold area (around level 20); we want the two lines to cross each other; and we want the lines to face up . We want at least one of the averages to be below level 20. 3. Now is the moment we should determine our exact entry point . The moment we see the histogram rise again and the stochastic decrease to the oversold zone, we need to wait for the candlestick that created this condition to close. As soon as the candlestick is closed, we should enter this trade. Let’s analyze a long trade example: In this example we can clearly see that the histogram is facing up again and that the Stochastic lines have crossed each other on the oversold level, on their way up. Here is another screenshot of a long trade: The histogram is facing up and the stochastic lines have crossed each other on the oversold zone, level 20. There’s a very important point I would like to add. It refers to a situation where the histogram is above level 0 and declines below level 0 . If it happens (i. e., if it declines below level 0), it has to reverse and return immediately above this level on the next bar in order for this to be a valid trade setup. For example: Now that we understand how to enter a long trade, the next step is managing it correctly. Let’s see how we should manage a long (buy) trade. We place the stop loss 1 pip below our base candlestick, which is the candlestick where all the conditions have been met. For Example: Here I’ll close the trade in two parts: 80% of the trade will be closed initially, and then I’ll close the remaining 20%. First Take Profit Target My first take profit goal is to set a profit target of a 1:1 ratio between the stop loss and the take profit. For example: If I risk 50 pips, my take profit target will be 50 pips. When the price reaches the first take profit target, I’ll close 80% of this trade. Second Take Profit Target After the first part of the trade has been closed, I will move the stop loss to the breakeven point (that is, I’ll change it to the trade’s opening price). The second profit target is twice the stop loss. For example : If I’ve risked 50 pips my second profit target is 100 pips. This is a screen shot of target 2: Our first take profit target is closed successfully in 80% of trades and the second profit target is closed with a profit in 45% of trades.

This strategy repeatedly generates impressive returns for me, and I’m sure that once you master it, you will see the difference in your bottom line as well. On the following page we will analyze short trades. How should we enter a short (sell) trade? 1. First we need to recognize a turning point on the MACD histogram. This means that the histogram should be below the zero level, and then it should start rising. Finally it should reverse and go down again. For example: 2. After we’ve made sure that conditions are met on the MACD Histogram , we should turn to the Stochastic indicator and see its position: we need it to be on the overbought area (around level 80); we want the two lines to cross each other; and we want the lines to face down. We want at least one of the averages to be above level 80. 3. Now is the moment we should determine our exact entry point . The moment we see the histogram fall again and the Stochastic reach the overbought area; we need to wait for the candlestick that created this condition to close. As soon as the candlestick is closed, we should enter this short sell trade.

This is an example of a short sell trade: Another Example of a short sell trade: Please note : if a histogram is below level 0 and starts rising above this level, it has to reverse and return immediately below this level on the next bar in order for this to be a valid trade setup. Now that we understand how to enter a long trade, the next step is managing it correctly. We place the stop loss 1 pip above our base candlestick, which is the candlestick where all the conditions have been met. We should add the spread to the stop loss in a short trade, so we place the stop loss 1 pip+ spread above the high of our base candlestick . Here I’ll close the trade in two parts: 80% of the trade initially, and then the remaining 20%. First Take Profit Target My first take profit goal is to set a profit target of a 1:1 ratio between the stop loss and the take profit. For example: If I risk 50 pips, my take profit target will be 50 pips. When the price reaches the first take profit target, I’ll close 80% of this trade. Second Take Profit Target After the first part of the trade has been closed, I will move the stop loss to breakeven point (that is, I’ll change it to the trade’s opening price). The second profit target is twice the stop loss. For example: If I’ve risked 50 pips, my second profit target is 100 pips. That’s it my friend.

This strategy has proven to be very reliable and accurate. It is also easy to use—the ultimate way to enjoy and take advantage of market trends. I wish you good luck with your trading and hope you’ve enjoyed reading this tutorial. Scalping Strategy With Profit Indicator. Submit by Gemb’s Trader (24032017) Profit Indicator is an MT4 forex indicator based on the OSMA. This indicator can used for scalping forex strategy and trend following. You can add other custom MT4 indicator as a filter. This indicator is suitable for scalping on a time frame M5-M15, and recommended major currency pairs. Time Frame : M5 – M15. Currency Pair : Any (Recommended major pair) Metatrader Indicators : Profit indicator SimpleBars matf (used as a filter and set at H1 or H4) Template : Profit Indicator Default. tpl Profit Indicator With Filter. tpl. Sreenshot Profit Indicator Default : Profit Indicator Default. Sreenshot Profit Indicator With Filter (USDCHF) : Profit Indicator With Filter. Sreenshot Profit Indicator With Filter (EURAUD) : Profit Indicator With Filter. Setup Filter Indicator SimpleBars matf : Setup Filter Indicator.

If you want to change the setting of filter indicator (SimpleBars matf), you just change the Time Frame like image above. Trading Rules Scalping Strategy With Profit Indicator : Buy Entry : 1. Profit indicator green line above zero level 2. If using a filter, SimpleBars matf indicator with the green color. Sell Entry : 1. Profit indicator red line below zero level 2. If using a filter, SimpleBars matf indicator with the red color. Exit position at the opposite signal and place initial stop loss on the previous highlow swing. Free Download Scalping Strategy With Profit Indicator : Content is Locked ! Share to unlock the content. *) Tutorial Download From Facebook Click Here. Best Forex Scalping Strategies - The Definitive Guide. On this page, you’ll find the most powerful forex scalping strategies including the single most powerful forex scalping EA in existence today (trust me, you won’t be disappointed). A lot of guides have been written on forex scalping – from forex scalping technique, to forex scalping systems and even to the best forex scalping indicators that you can use to help you scalp the market – all of them promising you that if you use their strategies, you will do well. Now, I have went through most of the systems and sadly, they’re all way too basic to give you even the slightest chance of surviving in the ferocious forex arena filled with blood thirsty bears and bulls. I would liken it to them giving you a wooden sword and throwing you into the arena – we all can guess what would happen next. 1. What is Forex Scalping? Forex scalping is a short term trading strategy that requires forex traders to trade currency pairs by buying and selling them, typically holding onto each trade for a short period of time looking for small profitable gains. A proper forex scalping method usually (although not definitely) involves executing a higher number of trades when compared to longer term trading strategies which can hold a position for months.

Due to the nature of this short term strategy, a successful scalping strategy would require a high degree of accuracy to ensure profitability, largely because your margin for error is usually really low. Scalping is often associated with trading with high leverage since you need to try to make profits with smaller price movements – however, this is not the case as you’ll discover in your training here that in fact, a lower leverage is better for scalping and trading. 2. Forex Scalping Strategies VS Other Trading Strategies. You’re at a juncture of your forex trading career (yes, we treat forex trading as serious as being a career) that requires you to choose between the many different strategies and systems offered by every single self-proclaimed trading guru out there. This decision is crucial . Pick the wrong strategy and you could be going down a 12 months road to losses. That’s why we wrote an extremely in-depth article on how does forex scalping works so that you can decide with confidence whether forex scalping is the way to go for you. 3. Forex Scalping Systems. The next question is, what makes a good forex scalping system? The difference between a scalping strategy and scalping system is that a strategy simply lays out the rules, you buy here you sell there, however, a system empower you to carry out the strategy. If you do a simple google search, you see a hundred and one different scalping systems claiming they will make you the next Warren Buffet – some give you ‘signals’, some tell you to buy when the EMA crosses and some tell you to look to wait for the stars to align in the sky. 3.1. What makes a good forex scalping system?

You see, the problem with all these systems is that they’re not very comprehensive. Sure, some of them might come in the form of an Expert Advisor (EA for those who are familiar with MT4) that helps you buy, sell and close off trades. That is the most basic functions of a system. I previously wrote a very important post on what would make the best features for a scalping system which you should really read. In a nutshell, the best forex scalping system (and I am holding nothing back here) should at least have these 5 features : Use multiple time-frames to pick out the best trading entries (not just one time frame which is way too weak) Have an in-built take profit, stop loss and breakeven feature If possible, have an automated trading function because that shows that the strategy rules can be coded – meaning it is clear and understandable. Have a function that avoids trading during news releases because you should never scalp during heavy news releases Have a function that avoids trading when the spread gets too high because due to the small profits we scalpers aim for, large spreads put us at a significant disadvantage. You’ll soon realize that most scalping systems and even trading systems do not have more than 1 of those features built in and because of that, fail to help you break into the 1% of forex traders who are truly successful in making a living trading forex. Before you lose all hope in finding a good forex scalping system, you should know that the TFA Sniper we’ve built here at The Forex Army has all those above mentioned features and much more. 3.2. The TFA Sniper. At this stage, you know the few main differences that makes up a good forex scalping system. The key here is to know that a good forex scalping system has both a good offense and good defense . It’s not enough to make a lot of profitable trades, you need a good defense to protect those profitable trades – and this holistic approach is exactly what makes the TFA Sniper one of the best forex scalping systems out there – we take into account not only trading strategy, but also trading psychology, trading methodology and trading accountability to put together one seriously bulletproof system. We have put together an in-depth explanation on all the features of the TFA Sniper which should help you fully understand the strategies we will be discussing next and more importantly, to learn how to control this extremely deadly weapon to be used against the ferocious bears and bulls of the forex market. 4. The Best Forex Scalping Strategies.

So up to this point, we have established why forex scalping is a more profitable strategy compared to other trading strategies, along with that, the list of requirements that makes a good forex scalping system. We now take a look at the different forex scalping strategies we have engineered to be used with our world class forex scalping system : The TFA Sniper. There is one very important TFA Sniper confirmation pattern formation that everyone should keep a watch out for and which affects the risk to reward ratio of just about every single strategy listed below, it’s called the Flag Formation (FF), it basically gives you, at a glance, a quick understanding of where the direction of the market is heading and greatly increases your profitability of the scalping trades that you take. You should read about it here before proceeding to the list of strategies below : FF Scalping Setup. 4.1. Easy Zone (EZ) Scalping Strategy. The first strategy is the EZ Scalping strategy, this is our bread and butter trade and usually has one of the highest probability of success. This is largely because the entry requirements are more strict and you don’t get as many trades compared to the other trading strategies. Nonetheless, it remains one of our most successful scalping strategy. We categorize this as a basic forex scalping strategy because it’s easier to execute and simpler to understand. You can read about it here : EZ Scalping Strategy. 4.2. Danger Zone (DZ) Scalping Strategy.

The second strategy we use is the DZ Scalping Strategy. This strategy is almost the same as the EZ Scalping Strategy with the main difference being the strictness which we employ when entering into a trade. By the very nature of its entry requirements being less strict, the DZ Scalping Strategy is a riskier strategy and usually occurs much more often than its EZ counterpart. Some users have used this strategy to tremendous success, although it is usually done when there are additional confirmation signals like the Flag Formation or if there is an extremely strong levels. We have categorized this as an intermediate forex scalping strategy because while it can be traded almost entirely by itself, it works best when we look out for additional confirmation signals. You can read about it here : DZ Scalping Strategy. 4.3. Tim Trades (TT) Scalping Strategy. The third strategy that we use was developed by our very own TFA Hedge Fund trader Timothy (Veteran Tim on this site), he has used it to great success on his live account and has been generating consistent returns over the last 8 months with this method. This strategy is a little bit more long term than the standard scalping strategy that we adopt here, usually holding trades for a couple of hours to even a day. It targets a healthy risk to reward return of 1 : 3, meaning that all it takes is 1 win to cover 3 losses. We categorize this as an intermediate forex scalping strategy because it requires some eyeballing to find the flag formations and filtering to pick the appropriate stop loss levels. You can read about it here : TT Scalping Strategy. 4.4. Flag Formation (FF) Scalping Strategy. This fourth trading strategy is based on the earlier mentioned Flag Formation Setup and is one of my personal favorites because of the extremely high probability of such trades turning into profitable winners. The strategy uses a risk to reward ratio of 1 : 1 most of the time, at most stretching to 1 : 1.5 if market conditions are really good. In this strategy, it is very clear to see just how strong the market is in your direction and the goal is to ride the flag whenever price retraces a bit into it and is close to the DZ area.

Such a strategy seems to be best used with these majors : AUDUSD, EURUSD, USDJPY, USDCHF, NZDUSD and can occur many many times throughout the day as long as there is a flag formation. We categorize this as an basic forex scalping strategy because it is relatively easy – just identifying the flag formation and picking the point of entry. You can read about it here : FF Scalping Strategy. 4.5. Jimmy Trades (JT) Scalping Strategy. This fifth trading strategy is an extremely powerful trading strategy (think 50%+ returns a month) and is meant for traders who do not have time to watch the chart very often. It works on the one hour time frame so you don’t need to monitor your charts as closely and the holding period of trades usually last 1 to 6 hours. The strategy makes use of Fibonacci pivot points, TFA Advanced Fibonacci Waves, candlesticks reversal patterns and RSI trading strategies and targets reversal trades. The typical risk : reward is 1 : 5+ so bagging one good trade can last you for a long while. This is a fantastic strategy to trade while you’re scalping smaller positions with the other strategies we have here.

It works really well in predicting when a strong flag formation might end too. We categorize this as an advanced forex scalping strategy because it requires chart reading skills and a lot more discretion than the other strategies. You can read about it here : JT Scalping Strategy. 4.6. Pontus Trading (PT) Scalping Strategy. The sixth strategy we have developed is made famous by our very own 2nd Lieutenant Pontus who have doubled his live account in 1 month with verifiable trade statements! It uses a modified version of the normal breakout pullback strategy utilizing the full power of the momentum indicators of the TFA Sniper and the predictive nature of the advanced fibonacci waves to pick really accurate pullback trades. We categorize this as an advanced forex scalping strategy because it requires chart reading along with monitoring the TFA Sniper and advanced fibonacci waves. It really isn’t that hard, just that it isn’t as easy as the DZ and EZ trades. You can read about it here : PT Scalping Strategy. A good reading would also be understanding how support and resistance levels are found with out new TFA Fractal Support and Resistance Radar. To date we believe it’s just about the best support and resistance indicator for MT4 . It’s also very useful to combine this knowledge with proper use of the RSI indicator .

5. Forex Trading Psychology. An often neglected, but crucially important requirement of becoming a truly successful forex trader is training your mind to think and behave like a professional trader. This is not just some bogus nonsense, in fact, I would classify this as even more important than any trading strategy mentioned above. The interesting thing is that every part of our human body is designed to be bad at trading and investing, especially scalping. We tend to hold on to our losses for days even and let our drawdown go to really unhealthy levels, but the moment that losing trade gets to breakeven, we let it go and go “phew, that was a close one”. It’s because of this fear of loss mentality that has been built into us that has caused many of us to fail even with the most successful of trading strategies given to us. The TFA Sniper does a lot to take out as much emotional and psychological barriers that might prevent us to becoming a successful forex trader and scalper, as much as possible, it automates the stop loss, take profits, breakevens, prevents you from trading during news and high spread, prevents you from revenge trading and much more. However, because of the flexibility of the system that allows you to take some manual trades, you’ll always have opportunities to trade more than what is optimum and recommended for you. Because of this, we have put together a well-written straight-to-the-point article on the most important points on forex trading psychology . It is also heavily recommended to take a look at this amazing (and free) e-book and go through it – this is one of the strongest pieces of advice I have for you. Once you read through it, you’ll understand why through the simple edge that the TFA Sniper has, when multiplied over the law of large numbers (like a casino), it is almost a guarantee that we will turn out profitable. 6. Best Brokers for Scalping Forex. When it comes to scalping, not every forex broker is a good choice. This is because scalping requires a broker to have really low and stable spreads especially during times of high volatility. I’ve worked in one of the largest forex brokerages before and know exactly how much of the operations work at the backend and what most brokers are concerned about getting. There are essentially 3 kinds of forex brokers : Forex Brokers with no commission but higher spreads Forex Brokers with normal commission but lower spreads (usually ECNDMASTP) Forex Brokers with normal commission and fixed spreads. Each of these forex brokers have their own benefits and are catered to different kinds of trading systems. For example, as a scalper, it is important that we always have the lowest spreads (since we’re only targeting a few pips of profit at times), fastest execution (no re-quotes because we have to seize the trading opportunity when it comes in such a fast paced environment) and deep liquidity. Currently, we’ve partnered with ATC Brokers who is one of the very few 4.7 Stars Forex Peace Army rated brokers that has been around for 10+ years and maintain an honest good business (unlike the many bucket shop brokers who closed during the swiss franc crisis that wiped out many brokers).

On top of that, they have the tightest spreads around, true ECNSTPDMA, lowest commissions and best customer service + backend client logins I’ve ever seen which is why we’ve chosen to partner exclusively with them. 7. Best Time To Scalp Forex. There is always this debate on the best time to scalp forex and I will finally settle this debate once and for all. The best time to scalp forex is when the market presents you with the opportunity by meeting every single one of your trade entry criteria . Quite frankly, this can happen at just about any time of the day. For the market to meet every single one of your trade entry criteria, ideally, it requires some movement before it can reach that criteria, so in order to get that movement, it requires volatility . Volatility is most present during the New York – London overlap (this means the overlap when the London market is closing and New York market is opening). It is also fairly present during the London – Tokyo overlap and Sydney – Tokyo overlap. So, if you wish to simply allocate a couple of hours a day to trading everyday, I would recommend : New York – London overlap at the first choice 8:00 am – 12:00 pm EST (EDT) London – Tokyo overlap 3:00 am – 4:00 am EST (EDT) Sydney – Tokyo overlap as the third choice (usually more movement in AUD, NZD and JPY pairs) 7:00 pm – 2:00 am EST (EDT) The good thing, however, is that whilst you may be sleeping, due to the high demand of all our soldiers here, we have created an auto trading feature of the TFA Sniper that helps you enter into good trades while you’re sleeping. How cool is that? 8. Take the TFA Bootcamp Exam. The TFA Bootcamp Exam is not compulsory, but it’s highly recommended as I’ve made it as tough as possible such that if you can pass this exam, you can be certain you are on track to being a successful forex scalper. It tests you the basic fundamentals, to proper trading psychology and lastly to the different trading strategies of The Forex Army. Soldiers who pass the TFA Bootcamp Exam will be given an extra 10 days to their demo accounts.

9. Practice, Practice, Practice. The next thing to do is to practice these forex scalping strategies. Personally, I prefer to practice with a live account with micro lots so that I get the best of both worlds : you get the psychological and emotional intensity of trading a live account and at the same time, you don’t get punished with huge losses since you’re trading small. When you practice with a demo account, you only get half the intensity. Nonetheless, we allow all users to begin with at least a demo account when starting out with the TFA Sniper. Simply get a demo account with ATC Brokers and fill in the demo request form below :



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