Foreign Exchange Scalping System PRO – Simple Forex Scalping Strategy For EURUSD and GBPUSD

Simple Powerful M15 and M30 Forex Scalping Strategy For EURUSD. I will try to be very short so you can easy understand strategy rules. After Installing all necessary indicators and template let’s see what we have on chart. There are actually three indicators on our chart:

Strategy is based on three indicators:

1. Open Daily Line
2. ForexScalpingPro Check
3. and ForexScalpingPro Trader

 

Free Download Scalping system Pro.rar

 

Indicators:
daily open line.ex4
DailyOpen.ex4
ForexScalpingPro Alert.ex4
ForexScalpingPro Check.ex4
ForexScalpingPro Trader.ex4

Template:
ForexScalpingPro Trader.tpl

DOWNLOAD TRADING SYSTEM

 

Signal User Guide

 

Open Daily Line (Red Line)
This line represent the price at the beginning of the day. This price is important, it’s represent gravity for price on chart.

ForexScalpingPro Trader (Arrows)
This arrows are created by Forex Scalping Pro Trader indicator. They suggest us about possible trades.

ForexScalpingPro Check (Alerts)
This indicator alert us that ForexScalpingPro Trader is found profitable trade.

 

So how we trade with Forex Scalping Pro?

 

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We don’t want to complicated whole thing with unnecessary information, all you need is to follow alerts after strategy detect possible profitable trade.

This alert will suggest you to SELL or BUY. After you close alert box you will need follow simple rules for buy or sell depends what’s alert suggest you.

 

Sell Rules

After you get alert to sell (red arrow will appear on chart) The price must be below Daily Open Line indicator, if so you are ready to sell.

How To Sell?

The most important sell rule:
Price is below daily open line (yelow line on chart), we enter only sell signals (red arrows)!

 

It’s easy! Check chart above, trend is bearish, candles are below red line (daily open on top chart). We had a signal and profit from it.

 

Buy Rules

After you get alert to buy (green arrow will appear on chart) The price must be above Daily Open Line indicator, if so you are ready to buy.

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How To Buy?

The most important buy rule:
Price is above daily open line (yellow line on chart), we enter only buy signals (green arrows)!

 

Stop Lose – Find The Best Price For Stop Lose

You need to find lastest price bottom or high point. It’s usually few candles back (3-4 candles).

  • If you buy check few last candles and setup stop below it.
  • If you sell check few last candles and setup stop above it.

 

Take Profit

Use 20-50 pips as take profit level. Depends of market condition.

 

Curency Pair And Time Frame

I trade on eur/usd at M15 and M30 timeframes.



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