4H Scalping Trading System

4H Scalping with EMA

Submit by Joy22

Time Frame 4H

Pairs: all.

Forex Indicators

21 EMA (applied to close).

Long Entry:

Price must be ABOVE the EMA on H4 chart.

the opening price of the bar should be Higher than the average price of the previous bar.

Short Entry:

Price must be BELOW the EMA on H4 chart

The opening price of the bar should be Higher than the average price of the previous bar.

Exit Position

To close position end of Bar.

Stop Loss Ratio with PT 1/1 (if Profit target is 40 pips Stop Loss is 40 pips).

Profit Target Predetermined: AUD/USD, USD/CHF, USD/CAD, 30 pips, EUR/USD 40 pips, GBP USD, EUR/JPY, GPB/JPY 50 pips

Share your opinion, can help everyone to understand the forex strategy

For trade I recommend to choose Broker with MT4 >>