Simple EMA Predictive Forex Scalping Strategy

0
663

Simple EMA Predictive Forex Scalping Strategy

This is a scalping strategy is based on an EMA indicator. This is to know the trend. It works on a 15 minute or 30 minute timeframe. This is applicable to any currency pairs.

Metatrader Indicator:

  • EMA Predictive fast red line (20, 8, 1,);
  • EMA Prdictive slow green line (30, 10, 1,);
  • RSI (11);
  • Stochastic (14,3,3,)
  • LC Pivot levels

Buy Entry:

  • EMA Predictive fast is greater than EMA Predictive slow.
  • RSI is above the level 50 line.
  • Stochastic is greater than 50.

Sell Entry:

  • EMA Predictive fast is less than EMA Predictive slow;
  • RSI is below the level 50 line.
  • Stochastic is less than 50.

Exit position:

  • On the pivot levels.
  • Take profit at 8-15 pips in a 15 min Time Frame. 12-18 pips 30 min Time Frame.

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

XM broker

>> 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.

fbs broker

>> Sign Up for FBS Broker Account here <<

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