EMA's Band Scalp Trading System

EMA band scalping system

Submit by Forexstrategiesresources.com

This is an EMA band scalping system

Time frame:1min;

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.002.5

Indicators:

1 EMA 50 High;

2 EMA 50 Low;

3 EMA 50 Close.

4 EMA100 Close

5 Stochastic (14, 3, 3, Close Price)

Long Entry:

Buy Zone: Ema's band >100 EMA;

We wait for a rally back toward the 3 EMA's for the best possible entry, check the stoch oscillator is it oversold, value +30 when crosses towards up .

Short Entry:

Sell Zone: Ema's band<100 EMA;
We wait for a rally back toward the 3 EMA's for the best possible entry, check the stoch oscillator is it overbougt, value +70 when crosses towards down .

Stop Loss:place stop loss 3 pips below o above the upper or lower 50EMA

Take Profit: Price objective 7-12 pips or better.

In the pictures below an example of the EMA band scalping Forex System in action.

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

Metatrader Temple MT4 Ema's band scalp

Temple MT4 Ema's band scalp.rar

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For trade I recommend to choose Broker with MT4 >>