Trend following scalping
EMA color and Dema
Submit by Norbert
Dema Scalping Strategy is a trend following system based on Dema and Exponential moving averages, there are also a filter with CCI but this is optional. The purpose of this strategy is find the best entries in trend. This trading system is not for beginners.
Trading Sessions: London and New York.
Time frame 1 min or 5 min.
Currency pairs majors with low spreads.
Metatrader Indicators:
Dema 21 period. close,
Pux price,
Min Max pilot levels,
Candle countdown,
Currency pover meter,
H Afor
EMA color, period 510, close,
EMA color, period 105, close,
zz nrp (999,12, 0),
CCI Filter 21, period, close.
Trading rules Dema Scalping Strategy
Find the currency pairs in trend, with currency pairs >= 6.0
Buy
Dema 21 yellow dot line above green line with following conditions:
H Afor buy arrow ,
EMA 105 green color,
CCI filter above 100 level (optional),
Initial stop loss below the last low swing.
Make profit at the opposite arrow, at the levels pivot or with fast profit target.
Sell
Dema 21 yellow dot line above below line with following conditions:
H Afor sell arrow,
EMA 105 red color,
CCI filter below -100 level (optional).
Initial stop loss below the last high swing.
Make profit at the opposite arrow, at the levels pivot or with fast profit target.
This is a good scalping strategy.
In the pictures Dema Scalping Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
Dema Scalping Strategy
Dema Scalping Strategy
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