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Scalping system #12 (Three EMA's scalping)



Submitted by User on April 21, 2009 - 00:24.

Submitted by Peter

I use scalping on three EMA's: 10,21 and 50, on EURUSD 15M, focusing on the 10-EMA to cross over both, 21 and 50 EMA. After a close off the 50 I enter, setting my Stop 5 pips above last candle (the one, which closed off 50 EMA). I do not set a fixed Profit, however change frequently to the 5M to observe if a reversal is near, which would be my signal to exit. For orientation I use ADX 14 with it, however just use it to check/orientat (+ above _ or vice versa, pressure/momentum etc.).


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Submitted by Branchis on February 15, 2010 - 11:38.

Dear Ed,

How to copy and download your template into my MT4 system. PLs send me an email at branchissimon2004(at)yaoo.com
Thanks

Branchis

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Submitted by Edward Revy on February 16, 2010 - 19:23.

Hi Branchis,

please follow the steps on this page.
Copy the template (.tpl files) to /templates folder.

Best regards,
Edward

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Submitted by User on April 4, 2010 - 05:01.

Waiting for the 10MA to crossover on a 15m chart seems to take quite a while. It happens only once or twice per day. Thats's not really scalping


  
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