Gelombang Forex Scalping Strategy

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Gelombang Forex Scalping Strategy

This is a scalping system that uses a 15 minute timeframe and works on any currency pairs. This strategy uses more on EMAs or exponential Moving Average and other familiar indicators that supports the EMA.

Forex Indicators:

  • fast ema’s (2-3-4-5-6-7-8)
  • Pivot Point
  • slow ema’s (15-16-17-18-19-20)
  • Bbflat cw
  • Heiken Ashi SW
  • RSI Filter (9 Current Time frame)
  • Non lag ma 7.1 (8)

Long Entry:

  • Non lag MA must break the upper band.
  • Heiken Ashi and RSI filter are blue.

Short Entry:

  • Non lag MA must break the lower band.
  • Heiken Ashi and RSI filter are red.

Exit Position:

  • Stop loss on the previous swing.
  • Profit Target predetermined, or ratio 1:1.5 stop loss.
  • Take profit at 15 pips at 15 pips for EURUSD, 12 pips for AUDUSD, 18 pips for GBPUSD, 17 pips for EURJPY and 20 pips for GBPJPY.
  • Exit also at the levels of the pivots points.

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