Scalping Trading Strategy With Moving Average Indicator
Moving Average can be
a powerful indicator if you can use it properly.
Of the many indicators available, the Moving Average (MA) is the most popular trend indicator. There are many mistakes in using this indicator, especially for novice traders. Read more about the Moving Average function.
The following is a strategy using the Moving Average (MA) indicator
Moving Average Strategy For Scalping TimeFrame M5
1. Insert metatrader settings->indicators->trend->Moving Average
- Period 20
- Simple Method
- Blue
2. Insert metatrader settings->indicators->trend->Moving Average
- Period 10
- Exponential Method
- Red
Buy & Sell Rules
Selling Rules:
- EMA 10(Red) Crosses SMA 20 (Blue) downwards
Buy Rules:
- EMA 10(Red) Crosses SMA 20 (Blue) upwards
