The Scalping Secret System is known as the simplest but yet the best Forex trading strategy based on market trends or momentums. This system has been designed with a combination of some of the best Forex indicators among the top-ranked Forex trend following tools. The result of its development is tremendous and the trading performance is great with a higher percentage of winning rates.
The Scalping Secret System welcomes newbie traders struggling to trade following the market trend correctly because of its simplicity of use and reliable trading signals. It is suitable to use at any Forex currency pair window and fits well with all sorts of timeframe charts.
The Scalping Secret System Overview
After the installation of the Scalping Secret System at your Forex MT4 platform, your trading chart will appear as the following image:
|Time Frame||Currency Pairs||Indicator Factors||Ratings|
The Scalping Secret System Anatomy
- NonLagMA: It is a short-term trend decider. Price holds above its level and signals the bullish strength and closes below its level indicates the bearish thrust of the current trend. NonLagMA turns green when the trend is bullish and turns red to signals the bearish trend respectively.
- The Secret TR: A powerful trend reversal indicator in-terms of its accuracy level on detecting the trend reversals right in time. It turns red to signal a possible bearish trend and turns green to indicate the next trend as bullish.
- BB MACD MT4 V6: An upgrade of the world famous momentum based indicator “MACD”. The fast MA (red) moves above the slow (blue) MA with green dots signals the bullish momentum. On the other hand, the fast MA moves below the slow MA with red dots validates the bearish momentum of the market.
- The Secret TF PSAR: Works as an assistant to another trend following indicators of the system for finding the trend with better accuracy. Most of its blocks turn blue when the trend is bullish and to validates a bearish trend when a maximum of its blocks turn red.
The Scalping Secret System: Buy Parameters
- Price holds above the green NonLagMA and closes as a bullish bar
- The Secret TR turns green
- BB MACD MT4 V6 signals the bullish momentum
- The Secret TF PSAR validates the bullish trend
- Trigger the buy entry when all of the above conditions are met
- Set stop-loss limit below the NonLagMA level
- Exit long/take profit whenever the Secret TR turns red
Recommended Reading: Most Successful Forex Trading Strategy
The Scalping Secret System: Sell Parameters
- Price holds below the red NonLagMA and closes as a bearish bar
- The Secret TR turns red
- BB MACD MT4 V6 signals the bearish momentum
- The Secret TF PSAR validates the bearish trend
- Trigger the sell entry when all of the above conditions are met
- Set stop-loss limit above the NonLagMA level
- Exit short/take profit whenever the Secret TR turns green