Simple EMA Predictive Forex Scalping Strategy

This is a scalping strategy is based on an EMA indicator. This is to know the trend. It works on a 15 minute or 30 minute timeframe. This is applicable to any currency pairs.

Metatrader Indicator:

• EMA Predictive fast red line (20, 8, 1,);
• EMA Prdictive slow green line (30, 10, 1,);
• RSI (11);
• Stochastic (14,3,3,)
• LC Pivot levels

Buy Entry:

• EMA Predictive fast is greater than EMA Predictive slow.
• RSI is above the level 50 line.
• Stochastic is greater than 50.

Sell Entry:

• EMA Predictive fast is less than EMA Predictive slow;
• RSI is below the level 50 line.
• Stochastic is less than 50.

Exit position:

• On the pivot levels.
• Take profit at 8-15 pips in a 15 min Time Frame. 12-18 pips 30 min Time Frame.

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