Main photo Scalping Strategy

Scalping Strategy

  • By Chris Moris
  • 1383 views

Strategy "Scalping with use of Parabolic Sar + CCI"

Recommended timeframes M1

This strategy is based on Parabolic Sar and Commodities Channel Index indicators. That's an impulse scalping strategy founded on the current price trend.

Tools: EURUSD, AUDUSD, GBPUSD.

?ime-frames: M1, M5.

Indicators:

  1. EMA50  on M1 time-frame
  2. EMA21 on M5 time-frame
  3. CCI (45).
  4. Parabolic Sar (0.02, 0.2)

Long positions should be opened when the point of the Parabolic Sar indicator is located above the EMA's line and the value of the CCI indicator is more than 100.

Short positions should be opened when the point of the Parabolic Sar indicator is located below the EMA's line and the value of the CCI indicator is less than 100.

Exit point:

Target: EURUSD (7-12 points), AUDUSD (5-8 points), GBPUSD (7-15 points).

Stop Loss level should be placed at the EMA level.

Buy

Sell



Chris Moris
Chris Moris

Risk Warning: Trading on Forex and Binary Options carries a high level of risk and it is not suitable for all investors.There is always a possibility of losing some or all of your initial investment, so you should not invest money which you can't afford to lose.Eventhough we Forex Stock Exchange Forum -fxsforexsrbijaforum.com,does not provide any investment advice you should be aware of the risks involved. Any opinions, news, research, analyzes, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.Forex Stock Exchange FORUM will not accept liability for any losses, which may arise directly or indirectly from use of information from our website.You trade at your own risk!

Recommended publications