Scalping Strategy

Scalping Strategy

6 November 2017, 13:19
Dragan Drenjanin
0
81

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

buy Long

Sell

sell


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