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GMMA And EMA Angle Forex Scalping Strategy
This strategy works on a 1 minute or higher timeframe and is applicable to any currency pairs. This strategy uses various EMAs or Exponential Moving Average in different settings. Though it uses EMAs,
it still needs help from other indicators for confirmation.
Forex Indicators:
- Ema (60,50, 45, 40, 35, 30 GMMA Short), (3,5,8,10,12,15 GMMA LONG)
- SMC Scalper Candles
- EMAAngle
- Pivot
Long Entry:
- GMMA long identified with the color Deep Sky must cross GMMA sell red.
- EMAAngle is greater than 0.33
- Place an Buy order when the prices retraces on the EMA5.
Short Entry:
- EMAAngle is less than < -0.33
- Place an sell order when the price retraces on the EMA5.
Exit Position:
- Place stop loss on the level of the EMA 30.
- Take profit at the pivot level.
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