Hi!
Watch out for this scalping strategy.
Name : 10 Pips Per Day Scalping Strategy
Time Frame : 5 to 15 Minute Charts
Indicators : Bollinger Bands (20, 0, 2) and Stochastic Oscillator (5, 3, 3)
Steps to look for to scalp your 10 pips:-
- Look only on the major pairs. (EURUSD, USDJPY, GBPUSD, USDCHF)
- A close must happen outside the Bollinger Band indicator
- Stochastic Oscillator indicator must be in a oversold (below 20) or overbought area (above 80).
- If market is in a uptrend, look for a red candle. If market is in a downtrend look for a green candle.
- We will call these the “Signal Candles”
- Once you see your signal candle, enter in that same direction and scalp your pips.
- Stops are hard kept at 20 pips.
10 Pips Scalping Strategy Video Tutorial :
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