Real Time Fast Scalping

This method of trading is simple, and it must be done in the London and New York sessions. In the sideways market this technique of trading doesn't work, only in volatile trending markets as GBP/JPY, GBP/USD, EUR/AUD.
Time Frame 1 minute, 5 min, 15 min, 30 min.
Currency pairs: majors with trending volatility.
Low spreads.

Indicators for build this template are:
1.Exponential moving average EMA 3 period , close;
2. Bollinger Bands 20 period 20 deviation 3
3 Chaos Awesome Oscillator or MACD (12, 26, 9).

Conditions for buy trade:
3 EMA crosses upward the middle line of the Bollinger Bands;
Chaos Awesome above zero green color or MACD crosses uoward.

Conditions for sell trade:
3 EMA crosses downward the middle line of the Bollinger Bands;
Chaos Awesome below zero red color or MACD crosses downward.

Exit position options:
make profit when Chaos Awesome turns different color;
predetermined profit target that depends by time frame and currency pairs;
when the Ema crosses middle line of Bollinger Bands in opposite direction;
place stop loss for sell above the upper band of Bollinger Bands, place stop loss for buy below the lower band of Bollinger Bands.

What is the best moment you can apply this strategy? when the bollinger bands expande.
What is the difference between MACD and Awesome oscillator the MACD is more aggressive.
The Awesome oscillator generates less false signals.
I prefer to use the MACD.
Real Time Fast scalping
Scalping with EMA, Bollinger Bands and Awesome
Scalping with EMA, Bollinger Bands and Awesome


Scalping Strategies 4675907059030921133

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