Forex Scalping Strategy ‘Scalping in Silence’

‘Scalping in Silence’ is a Forex scalping strategy for trading on the 5-minute chart (M5). Beyond any doubt, this is a profitable Forex strategy if you follow all of its rules. We advise you to use the EUR/USD, GBP/USD, USD/JPY, GBP/JPY currency pairs.

Time Frame 5 min

Sessions: London and New York.

Forex Indicators:

Parabolic Sar (0.005 – 0.2)

Parabolic SAR (0.02 – 0.2),

MACD (48, 72, 14).

Trading rules

Buy

Parabolic Sar (0.005 – 0.2) dot below the price.

Parabolic Sar (0.02 – 0.2) dot below the price.

MACD Histogram above signal line.

Sell

Parabolic Sar (0.005 – 0.2) dot above the price.

Parabolic Sar (0.02 – 0.2) dot above the price.

MACD Histogram below signal line.

Take-profit 15 -20 pips, or use trailing stop or with fast predetermined profit target. Initial stop loss 10 pips below/above the entry bar.

This system do not have a great profitability but if managed it's a winning system.