602# XPMA-MACD Scalping Strategy

Submit by Timmy

XPMA-MACD Scalping Strategy is a trend momentum trading system for scalping and day trading It's very simple for make pips. I prefer to use this strategy at 15 min time frame on more charts. 

Time frame 5 min or 15 min.

Currency pairs majors with low spreads.

Metatrader Indicators:

EJ Candle time

15 periods T3 factor 0.8,

Slow Xpma 55 periods T3 factor 0.8,

GP diamond support and resistance dots,

RSI chart bars 21 periods,

Pivot points levels,

filter green and red dot in sub window

MACD (8, 17, 9).

Trading Rules XPMA-MACD Scalping Strategy

Buy

GP diamond has formed suppport dots.

Fast Xpma gold line,

Slow Xpma gold line,

Filter green dot,

MACD histogram above zero line.

Place initial stop loss at the previous swing low,

Make profit at the pivot point levels or when fast xpma changes direction.

Sell

GP diamond has formed resistance dots.

Fast Xpma blue line,

Slow Xpma blue line,

Filter red dot,

MACD histogram below zero line.

Place initial stop loss at the previous swing high,

Make profit at the pivot point levels or when fast xpma changes direction.

In the pictures XPMA-MACD Scalping Strategy in action.

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