Scalping system #21 (Utmost simple scalping)
Submitted by User on October 29, 2011 - 12:11.
Submitted by Rudy
Hi Edward, this is maybe the utmost simple scalping strat there can be:
chartsetup = H1,
downcandle = red,
up candle = green.
Now, whenever bar collor changes, go in the direction of latest bar. Take some pips (scalp), and wait for another bar collor change. Thats it = kis !!
go long if price breaks high previous bar high (green), go short if price breaks low previous bar low (red).
TP an SL : personel preferences.
Best regards, Rudy