5 Minutes Forex Scalping Strategy With Fisher MACD & Stochastic Oscillator

FREE DOWNLOAD M5 Scalping Trading System – 5 Minutes Forex Scalping Strategy With Fisher MACD & Stochastic Oscillator.  This 5 Minutes Forex Scalping Strategy With Fisher MACD can provide you with lot of and high accuracy trading opportunities each day.

5 minutes scalping

For each trade placed, you are aiming for 200 pips profit. Don’t forget to experiment with different settings and find out which one works best for you.

 

5 Minutes Fisher MACD Scalping Trading Rules

 

The chart above shows how this forex scalping system works and as you can see, there were 3 valid buy trading signals.

These are the indicators you require:

  • Fisher MACD Indicator
  • Stochastic oscillator with default settings
  • Moving Average
Recommended Article:  BullPips and The Twin EMA Forex Strategy For Effective Trend Trading

Timeframe: 5 minutes

Trading Sessions: Preferably the UK and US trading sessions

Currency Pairs: low spread pairs like EURUSD and GBPUSD.

 

BUY Rules

 

5 minutes scalping buy

 

The buying rules are really simple:

  • The fisher MACD indicator must have a green bar.
  • The stochastic indicator upward.
  • Price above EMA 50

 

SELL Rules

 

5 minutes forex scalping sell

 

The selling rules are really simple:

  • The fisher MACD indicator must have ared bar.
  • The stochastic indicator downward.
  • Price below EMA 50

Execute a sell order if the above 3 conditions are met.
Place you stop loss below a nearest swing low or 100 pips (whichever comes first).
Your profit target should be 200 pips. Don’t forget to experiment with different TP : SL ratio and find out which one works best for you.

Recommended Article:  The "So Easy Simple Forex Trading System"

Leave a Reply

Your email address will not be published. Required fields are marked *