Forex Precision Scalping Trading System MT4 has earned its popularity for detecting market swing levels and profitable breakouts effectively for scalpers. Those who used to scalp in regular markets may face difficulties due to early/late entry or exits as they get very short time to make the decision. This strategy serves a tremendous solution to cover such troubles.
Forex Precision Scalping Trading Strategy is a combination of four different indicators to locate trade opportunities with maximum probability of success. As a scalping strategy it fits best with M5 and M15 charts. We recommend you to apply this strategy only for major Forex currency pairs to avoid trading losses due to uncertain volatility.
MA2: It is a set of two moving averages (5&7) which plots bullish and bearish crossovers with each other based current price actions.
MA2 Signal: This tool actually expresses the bullish and bearish crossovers confirmation of MA2 by its signal arrows.
Fractals: This indicator plots whenever it spots any swinging possibility of the momentum. Fractals signals must be matched with other supportive indicators for better signal filtering.
Fibonacci Pivots: This is a very handy tool which counts market pivots and its key levels. These levels works best as support and resistance which are automatically updated to relieve you from drawing market levels on everyday chart.
MA2 plots bullish crossover which is confirmed by upward arrow of MA2 Signal
Fractal appears below the respective bar’s low signaling bullish momentum is underway
Buy triggers when above conditions are met and price breaks out from the Fibonacci Pivot level to upward direction
Set stop loss below the respective bar’s low and take profit when price approaches next Fibonacci Pivot level and MA 2 signals bearish crossover along with Fractals above the price bar’s high
MA2 plots bearish crossover which is confirmed by downward arrow of MA2 Signal
Fractal appears above the respective bar’s high signaling bearish momentum is about to start
Sell triggers when above conditions are met and price breaks below the Fibonacci Pivot level to downward direction
Set stop loss above the respective bar’s high and take profit when price approaches next Fibonacci Pivot level and MA 2 signals bullish crossover along with Fractals below the price bar’s low
Free Download Precision Scalping Trading System
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Arun Lama
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
