Parabolic Sar With BH Ergodic Forex Scalping Strategy
This is a scalping strategy that uses a 5 minute chart and works in any currency pairs. Use this system during London and New York sessions. This strategy helps us in our entries by using the EMAs, but the main indicators used in this system
Metatrader Indicators:
- 3EMA, 6EMA,9EMA,14EMA;
- BH Ergodic(default);
- Parabolic Sar (0.02, 0.2)
- pivot levels.
Buy Entry:
- The 2 lines of the ergodic indicator must cross upward to know the direction.
- Moving Averages must cross upward.
- Dot of the the parabolic SAR is below the price.
Sell Entry:
- The 2 lines of the ergodic indicator must cross downward to know the direction.
- Moving Average must cross downward.
- Dot of the the parabolic SAR is above the price Buy.
Exit position:
- BH ergodic indicator Crossing in opposite direction.
- On the the pivot levels.
- Profit Target predetermined (6 -12) pips depends by currency pairs.
- Place stop loss at 15-20 pips.
Recommended MT4 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
Click here below to download: