Last updated:
KG Sea Wave Forex Scalping Strategy
This scalping strategy may look complicated but actually it is easy to identify trading opportunities. It can work on a 5 minute or higher timeframe and can be applied to any currency pairs. But the lower the spread, the safer the trade will be.
Rules for Buy Entry:
- All waves must be blue.
- Candle must open above the upper envelope 62.
Rules for Sell Entry:
- All waves must be red.
- Candle must open below the lower envelope 62.
Exit Position:
- If you are in LONG position, stop loss should be place 3 pips below lower envelope. 3 pips if you are in short position.
- Refer to target point indicator for target profit.
Level up your trading
Learn to read the chart — not just the indicator
eBook · Instant PDF
The Candlestick Playbook
Read and trade 40+ candlestick patterns — with exact entries, stops and exits.
Video Course · 12 modules
The Price Action Masterclass
Read clean charts the no-indicator way — pin bars, support & resistance, entries and exits.
Recommended MT4/MT5 Brokers
XM
- ✓ *FREE *$50 to start (withdrawable)
- ✓ Deposit bonus up to $5,000
- ✓ Negative balance protection
Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.
Forex Strategy Download:
Enter Your Email Address below, download link will be sent to you.
Get Download Link