Scalping system #22 (Simple scalping)
Submitted by User on September 10, 2012 - 11:09.
Submitted by Emad
Pairs: EURUSD , GBPUSD
Time frame: 1M , 5M
It's very simple strategy I used on 1M we use SuperScalper indicator and 100 SMA and 50 SMA.
Rules are so simple:
BUY: when 50 SMA cross 100 SMA to up we just buy , SuperScalper change colour from yellow to blue we take buy ( T/P 10 pips, S/L 15 pips ) or we exit when the SuperScalper change the colour.
SELL: when 50 SMA cross 100 SMA to down we sell only, SuperScalper change colour from blue to yellow so we sell .
Note: when the price between the two moving average we don't trade there is no trend , and in SuperScalper we have to change ( skip single bar signal ) to true to avoid false signals.