Forex EMA Scalping Strategy

This is a scalping system that is effective during 3 am to 11 am EST because there is a big breakout. By using this, you can get 30-100 pips. Use this on a 1 minute timeframe and try it on EURUSD.

Metatrader Indicator:

• EMA 4 close, EMA 14 and EMA 40 close
• CAO (Chaos Awesome Oscillator)
• Momentum Indicator
• Bollinger Bands 14, 2

Optional Indicators:

• Stochastic RSI or 33
• Ultimate Oscillator
• Support and Resistance

Long Entry:

• EMA 4 fast must cross up through the middle bollinger band.
• The CAO and momentum should cross the zero line going up.
• StochRSI or SS must be coming up and cross 50 line.

Short Entry:

• EMA 4 must cross down through the middle band.
• CAO and momentum should cross the zero lines going down.
• StochRSI or SS should turn down and cross the 50 line.

Take Profit when CAO changed color.

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