25# EMA's Band Scalp Trading System

EMA band scalping system

Submit by Forexstrategiesresources.com

 

This is an EMA band scalping system

Time frame:1min;

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.002.5

Indicators:

EMA 50 High;

2 EMA 50 Low;

3 EMA 50 Close.

4 EMA100 Close

Stochastic (14, 3, 3, Close Price)

 

Long Entry:

Buy Zone: Ema's band >100 EMA;

We wait for a rally back toward the 3 EMA's for the best possible entry, check the stoch oscillator is it oversold, value +30 when crosses towards up .

 

Short Entry:

Sell Zone: Ema's band<100 EMA;
We wait for a rally back toward the 3 EMA's for the best possible entry, check the 
stoch oscillator is it overbougt, value +70 when crosses towards down .

 

Stop Loss:place stop loss 3 pips below o above the upper or lower 50EMA

Take Profit: Price objective 7-12 pips or better.

 


 

In the pictures below an example of the EMA band scalping Forex System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 6
  • #1

    marek (Saturday, 13 October 2012 10:25)

    Long Entry:
    check the stoch oscillator is it oversold, value +30 when crosses towards up.

    Value -30 ?

  • #2

    marek (Saturday, 13 October 2012 11:00)

    sorry
    stoch <30

  • #3

    Emil (Thursday, 23 May 2013 12:23)

    The value for stochtastic range from 0-100 so the value +30 is actually correct.

    everything less than 30 is oversold and over 70 is considered overbought.

  • #4

    mais (Friday, 13 September 2013 17:43)

    temple setting for EMA100 is apply to Low ?

  • #5

    zfx (Friday, 23 September 2016 17:56)

    can you write the entry condition again it is not clear for me

  • #6

    mohsen (Friday, 26 May 2017 14:36)

    what is the red line at stochastic?

Metatrader Temple MT4 Ema's band scalp
Temple MT4 Ema's band scalp.rar
compressed file archive 1.6 KB