SuperScalper – very profitable scalping strategy and therefore it is very popular among traders. A little practice and you will feel the benefits of this system, you can based on it to build your own profitable scalping strategy by collecting it from various elements – for example, adding strategy SuperScalper trailing-stop from 1 pip or additional elements to better define the entry points to the trade.
Characteristics of strategy SuperScalper
- Type of strategy: Scalping
- Platform: Metatrader4
- Currency pairs: Any, recommended EURUSD, GBPUSD
- Trading Time: European session
- Timeframe: M1, M5
- Recommended broker: Alpari
For a position to Buy the first thing you must wait until crossing the blue line with red bottom-up, that will be evidence of an upward price movement. Fisher_Yur4ik indicator serves as a filter to determine the exact direction of the trend, and its color in this case should be green. Buy will open in compliance with the above conditions + color change indicator superscalper05 from yellow to blue. Color change indicator indicates the beginning of the upward movement in this market segment. Recommended Take-Profit – 10 points, but you cannot stand the restriction and close trade trailing stop from 1 to 5 points. Stop-loss at the opening of the transaction should stand at a distance of 15 points. Recommended to close the trade at if the indicator light “superscalper05” will change from blue to yellow or the opposite occurred moving average indicator SMA:
To open a position Sell reverse conditions. That is, the blue indicator line SMA must cross a red top down, indicating a downward trend. Fisher_Yur4ik indicator should be red, confirming the downward trend. When a color change indicator superscalper05 from blue to yellow will open Sell. Exiting of a trade is carried out when the laden with take-profit level, or change the red to blue SMA indicator:
An important rule strategy is that it is not recommended to enter trades when the price is between two moving averages, as it means there is no trend movement.
In the archives SuperScalper.rar: