28# Simple Scalper Trading System
Simple Scalper (update 02/2024)
Submit By joy22 update 06/02/2024
In line with the name of this strategy I have simplified this trend following day trading system as much as possible but simple to follow with only three indicators, one timing, one filter and the top levels which can be used as stop or profit levels. .
Setup Strategy
Time frame 5 or 15 minutes
London and New York sessions (important)
Currency pairs with low spread majors.
Inicators Metatrader 4
Direction
Pivot points levels
Supremefilter
Trading Rules
Buy
Direction buy arrow
Filter blue bar.
Sell
Direction sell arrow
Filter white bar.
Exit
Stop loss below above the dot of direction indicator or at lelels pivots.
Profit Target
6-15 pips or at the pivot levels.
Management with negative progression money management or with increases and decreases of 10%-15% is recommended. Expected profitability 48-55%.
FDM and Laguerre forex Strategy
Pairs: Eur/USD, Aud/USD, GBP/USD.
Time Frame:5 min
Indicators:
Time Zone Trading;
BuySell;
Direction;
LaguerreRSI;
Long Entry:
BuySell Green arrow confirmated by:Direction green arrow, FDM green,and Laguerre RSI>40.
Short Entry:
BuySell Red arrow confirmated by:Direction green arrow, FDM green,and Laguerre RSI>40.
Exit Position
When BuySell indicator reversal signal.
Target Profit:6 pips AUD/USD, 8 pips EUR/USD, 10 pips GBP/USD.(Recommended)
Stop Loss :
for buy on Cyan Arrow Direction;
for sell in Red Arrow Direction.
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Write a comment
Olaleke (Saturday, 18 June 2022 18:13)
I wish to express my appreciation for your contribution to success of Forex traders that have been benefitting from the various Forex strategies posted on this site.
Please , l wish to request for the updated FDM indicator for the downloaded SIMPLE SCALPER TRADING SYSTEM Functional. On installation it shows that it has expired on.
My email is ; olaitano092@gmail.com
Thanks
FSR (Tuesday, 06 February 2024 14:55)
Now, there is new version clearer and more efficient.