Strategy for binary options, Forex and CFD - Forex Scalp Retracement

Strategy for binary options, Forex and CFD - Forex Scalp Retracement - a strategy for searching for a trend reversal, allowing you to conclude a profitable trade for an increase or decrease.

Minimum Time Frame and expiration time

• Time Frame: M5
• Expiration time: 25 minutes (5 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M5
• Expiration time: 30 minutes (6 candles)

Indicators of the Forex Scalp Retracement strategy

• MACD 3 COLOR
• Neo Blitz EMA Trend
• Sessions

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.

Forex Scalp Retracement strategy: signal to increase

• The price closed above the EMA line
• MACD above zero level
• Blue candle

Forex Scalp Retracement strategy: downward signal

• The price closed below the EMA line
• MACD below zero level
• Red candle

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