Free Forex Indicators (MT4), Trend Following Indicators

Scalp with EMA Predictive 1 min chart line

Scalp with EMA Predictive 1 min chart line is a short-term trend-following scalping system. It applies a 4-lear filter system using Moving Averages with various parameters to spot the right trend at the right time with a maximum level of accuracy.

Scalp with EMA Predictive 1 min chart line can be applied to trade any kind of forex currency pairs but as a scalping system, this strategy setup works best in a 1-minute timeframe chart. With better winning results and simplicity of use, this system offers an extra advantage to newbie trend-based scalpers.

Scalp with EMA Predictive 1 min chart line Overview:

After installing Scalp with EMA Predictive 1 min chart line at your forex MT4 terminal, your trading chart will appear like the following image: 

Scalp with EMA Predictive 1 min chart line Overview
Time FrameCurrency PairsIndicator FactorsRatings
M1Any49.7/10

Scalp with EMA Predictive 1 min chart line Anatomy: 

Scalp with EMA Predictive 1 min chart line Anatomy
  • EMA Predictive2: Is used to verify the crossover signals produced by other Moving Averages of the system. Usually, for a bullish trend, EMA Predictive2 stays above all the MAs and for a bearish trend, EMA Predictive2 dives below other Moving Averages of the system.
  • 8, 15 & 100 EMA: These are 8, 15 and 21-day Exponential Moving Averages used to generate crossover signals of the market trend. For a bullish crossover, 8 EMA should be greater than 15 EMA and 15 EMA should be greater than the 100 EMA. 15 EMA moves below the 100 EMA and 8 EMA moves below the 15 EMA represents the bearish crossover of the trend.

Also Read: The Best Forex Trading Strategy Ever

Scalp with EMA Predictive 1 min chart line: Buy Parameters

Scalp with EMA Predictive 1 min chart line Buy Parameters
  • EMA Predictive2 moves above all the Moving Averages of the system
  • 8, 15 & 21 EMA plot the bullish crossover signal
  • Buy triggers when the above conditions are met
  • Set stop loss below the 100 EMA level
  • Exit long/take profit whenever price closes below both 8 and 15 EMA 

Scalp with EMA Predictive 1 min chart line: Sell Parameters

Scalp with EMA Predictive 1 min chart line Sell Parameters
  • EMA Predictive2 moves below all the Moving Averages of the system
  • 8, 15 & 21 EMA plot the bearish crossover signal
  • Sell triggers when the above conditions are met
  • Set stop loss above the 100 EMA level
  • Exit short/take profit whenever price closes below both 8 and 15 EMA

Recommended Brokers

Share on:

I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

1 thought on “Scalp with EMA Predictive 1 min chart line”

Leave a Comment

About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

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.