Center Of Gravity Forex Scalping Strategy


Center Of Gravity Forex Scalping Strategy

This system is quiet easy to comprehend. If you will follow the rules strictly then a good chance of good trades will happen. A very good timeframe for scalping is 5 minutes. Use this to major currency pairs and with with with tight spreads.

Forex Indicators:

  • Center of Gravity (190 bars back);
  • Stochastic High (5, 3,3)

Long Entry:

  • The price must break lower line gold.
  • Stochastic must go up from oversold area.

Short Entry:

  • The price must break upper line gold.
  • Stochastic must go down from overbought.

Exit Position:

Take Profit at the blue line of the first green line.

Put stop loss 5 pips below or above the gold line.

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