RBCI Forex Scalping Strategy

0
932

RBCI Forex Scalping Strategy

This is a scalping strategy that uses a 5 minute timeframe or higher and works on all major currency pairs. This is called RBCI because it uses more on RBCI indicator but other indicators are place also for confirmation.

Forex Indicators:

  • LWMA 4 High
  • LWMA 4 Low
  • 21 EMA
  • 50 EMA
  • RBCI

Long Entry:

  • Follow the trend when using this strategy. You will know that it is an uptrend when H and L 4LWMA is greater than EMA 21 and EMAE 50.
  • Buy when RBCI is crossing up the aqua line from below.

Short Entry:

  • Follow the trend when using this strategy. You will know that it is a downtrend when H and L 4LWMA is less than EMA 21 and EMA 50.
  • Sell when RBCI is crossing down the blue line from above.

Exit strategy:

  • Take Profit at 5-10 pips AUD/USD, USD/CHF, USDCAD, 6 pips for EURUSD, 7-8 pips at GBPUSD 9-10 pips.
  • Place Stop Loss at 9-12 pips.

Recommended MT4 Broker

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
  • Exclusive 50% Cash Rebates for all Trades!

50 Rebate

>> Sign Up for XM Broker Account here with Exclusive 50% Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐


Click here below to download:

Save

Save



Get Download Access

Get Smarter About Forex Trading Using Indicators

Join 100,000+ subscribers and get our 5 min daily newsletter on what matters in forex.

We do not sell or share your information with anyone.

LEAVE A REPLY

Please enter your comment!
Please enter your name here