589# Super Scalper with Martingale
Pure trend following scalping system
Submit by Marco 07/2017
Super Scalper with Martingale is a pure trend following scalping system based on slow EMAs' and Super scalper indicator. This system is aggressive can use the martingale.
Time Frame 5 min or higher.
Currency pairs for trading 5 min or 15 min: EUR/USD, GBP/USD, USD/JPY, USD/CAD.
This system is work good also with Renko chart box size 3- 4 or 5 pips.
Metatrader Indicators:
34 EMA, close.
144 EMA close.
Super Scalper Indicator (20 period).
Renko live chart ( remember to active allow DLL imprts)!
Trading rules Super Scalper with Martingale
Trading only in the direction of the trend.
Trend up 34 EMA > 144 EMA.
Trend down 34 EMA < 144 EMA
Buy
34 EMA > 144 EMA.
Super scalper blue line.
Sell
34 EMA < 144 EMA
Super scalper yellow line.
Exit for 5 min time frame GBP/USD as example
Initial stop loss 5 pips above below the entry bar.
Profit target 8 pips.
Martigale progression with 2 multiplier very aggressive.
0.01 – 0.02 – 0.04 – 0.08 – 0.16 – 0.32 – 0.64 – 1.28 – 2.56
Martingale for recovery loss, progression.
0.01 – 0.01 – 0.02 – 0.04 – 0.08 – 0.16 – 0.32 – 0.64 – 1.28 – 2.56
Demi Martingale coonservative progression.
0.01 – 0.01 – 0.02 – 0.02 – 0.06- 0.06 – 0.12 – 0.12 – 0.24 – 0.24 – 0.48 – 0.48
This system is very aggressive it is advisable to practice on higher times frames.
In the pictures Super Scalper with Martingale in action.
Share your opinion, can help everyone to understand the forex strategy.
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