Strategy for binary options, Forex and CFD - EMA's Band Scalp Trading System
Strategy for binary options, Forex and CFD - EMA's Band Scalp Trading System
Strategy for binary options, Forex and CFD - EMA's Band Scalp Trading System - a strategy designed to search for a trend reversal on a 1-minute timeframe.
Contents
- Minimum Time Frame and expiration time
- Recommended Time Frame and Expiration Time
- Indicators of the EMA's Band Scalp Trading System strategy
- Risk management
- EMA's Band Scalp Trading System strategy: signal to increase
- EMA's Band Scalp Trading System strategy: downside signal
- Download EMA's Band Scalp Trading System strategy
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Minimum Time Frame and expiration time
- Time Frame: M1
- Expiration time: 4 minutes (4 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M1
- Expiration time: 6 minutes (6 candles)
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Indicators of the EMA's Band Scalp Trading System strategy
- Moving Average
- Stochastic Oscillator
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
EMA's Band Scalp Trading System strategy: signal to increase
- 3 blue EMA bars above the red EMA
- EMA bands are directed upwards
- Stochastic crosses level 30 from bottom to top
EMA's Band Scalp Trading System strategy: downward signal
- 3 blue EMA bars below the red EMA
- EMA bands are directed downwards
- Stochastic crosses level 70 from top to bottom
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download EMA's Band Scalp Trading System strategy
Download EMA's Band Scalp Trading System strategy......
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