This approach is a style-scalping strategy, which means it really works
most desirable in a vogue. The approach combines two fashion indications, SMA 50 and Parabolic SAR indicator with default atmosphere (step 0.02).This is an user-friendly Scalping Method that works simply pending the London Session.
1-minute (M1) time frame
Forex pair: noticeable with low unfold
Currency trading Warning signs
1. Parabolic SAR indicator with default environment:
a. Step zero.02
b. Maximum 0.2
Basic shifting usual (SMA), duration 50, and observe to close.
Situation:ATR ratio indicator > 1
The fee to go above the SMA 50.
Await the Parabolic SAR to flow above the market expense.
As soon as the market rate goes above the Parabolic SAR, the Parabolic
SAR will look under the market expense. This is the sign to enter for long.
Situation: ATR ratio indicator > 1
The associated fee to head less than the SMA 50.
Look ahead to the Parabolic SAR to circulate above the market rate.
As soon as the market price goes lower than the Parabolic SAR, the Parabolic
SAR will seem above the market cost. It is the signal to enter for
The stop loss is set at 12-15 pips under the entry expense.
The profi t goal is 7 pips above or under the entry fee.