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.
Forex Precision Scalping Trading Strategy Overview:
After the installation of this strategy in your MT4 system, you’ll find your chart as follows:
|Time Frame||Currency Pairs||Indicator Factors||Ratings|
|M5 & M15||Majors||4||9.8/10|
Forex Precision Scalping Trading Strategy Anatomy:
- 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.
Forex Precision Scalping Trading Strategy: Buy Parameters
- 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
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Forex Precision Scalping Trading Strategy: Sell Parameters
- 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