Scalping with Ema cloud with TradingView: A Trend-Following StrategyThe Scalping with Ema cloudstrategy with TradingView is a trend-following approach centered around two custom indicators: Secret Cloud and Pivot Point LSMA. Trading signals are generated by the Pivot Point LSMA indicator and further refined by the Secret Cloud indicator, with a focus on following signals aligned with the Secret Cloud.
Setup Strategy:
Time Frame: 1 minute or 3.
Currency Pairs: Majors, Indices, and Gold
TradingView Indicators:
(Locate these indicators in indicators > Community Scripts on TradingView)
Pivot Point LSMA (default setting).
Secret EMA Cloud (default setting).
Trading Rules for Scalping with Ema cloudwith TradingView:
Trade exclusively in the direction of the Cloud.
For an upward trend, the cloud should cross upward.
For a downward trend, the cloud should cross downward.
Buy:
Cloud crosses upward.
Pivot LSMA buy arrow.
Sell:
Cloud crosses downward.
Pivot LSMA sell arrow.
Exit Position:
Place initial stop loss below/above the previous swing high/low.
Take profit at the opposite signal of Pivot Point LSMA or set a profit target ranging between 10-20 pips, depending on the currency pairs.
Example of Trades:
Provide a detailed description or examples of trades, showing how the strategy is implemented in real-time trading scenarios.
This Scalping with Ema cloudstrategy offers a quick and dynamic approach to trading, relying on the synergy between the Pivot Point LSMA and Secret Cloud indicators for precise entry and exit points. Traders are encouraged to adapt the strategy based on their risk tolerance and market conditions.
Setup Strategy:
Time Frame: 1 minute
Currency Pairs: Majors, Indices, and Gold
TradingView Indicators:
(Locate these indicators in indicators > Community Scripts on TradingView)
Pivot Point LSMA (default setting).
Secret EMA Cloud (default setting).
Trading Rules for Scalping with Ema cloudwith TradingView:
Trade exclusively in the direction of the Cloud.
For an upward trend, the cloud should cross upward.
For a downward trend, the cloud should cross downward.
Buy:
Cloud crosses upward.
Pivot LSMA buy arrow.
Sell:
Cloud crosses downward.
Pivot LSMA sell arrow.
Exit Position:
Place initial stop loss below/above the previous swing high/low.
Take profit at the opposite signal of Pivot Point LSMA or set a profit target ranging between 10-20 pips, depending on the currency pairs.
Example of Trades:
Provide a detailed description or examples of trades, showing how the strategy is implemented in real-time trading scenarios.
This Scalping with Ema cloudstrategy offers a quick and dynamic approach to trading, relying on the synergy between the Pivot Point LSMA and Secret Cloud indicators for precise entry and exit points. Traders are encouraged to adapt the strategy based on their risk tolerance and market conditions.
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