Scalping strategies

[oleg2009]

Hi everyone!! I’ve found an interesting article about scalping strategies mt4.us .Has anybody tested this or similar strategy?

 

[ele020]

Throughout my trading journey I have traded various strategies but when it comes to scalping it is most trickiest as it involves complete attention and concentration. Till date i have able to develop this basic strategy which definitely helps to start on a good note.

 

[Akwin]

Hello, what are the indicators for scalping strategies?

 

[ele020]

Hello, what are the indicators for scalping strategies?

Simple moving average, exponential moving average, Average convergence and divergence indicator, parabolic sar scalping indicator, the Stochastic Oscillator indicator you can try out these indicators they work best for scalping.

 

[Akwin]

Simple moving average, exponential moving average, Average convergence and divergence indicator, parabolic sar scalping indicator, the Stochastic Oscillator indicator you can try out these indicators they work best for scalping.

Thank you for your comment, I just have one more question I once read that scalping is profitable only when trading large quantities. Also with a low brokerage. Is that true?

 

[ele020]

Thank you for your comment, I just have one more question I once read that scalping is profitable only when trading large quantities. Also with a low brokerage. Is that true?

Let me explain the logic to you behind this. When you scalp you trade on tiny movements in the market, so when you are opening and closing trades quickly you wouldn't feel happy about paying high commission on trades because you will be placing a lot of trades while scalping unlike 2 or 3 long term trades. Thus you would look for a broker who is charging very less commission so that your scalping cost is reduced.

Next is trading quantity, same principal applies. You are trading many trades for small price differences thus, profit per unit is very less. So if you want good profits you would need to trade on higher lots. But at the same time I do not recommend you to just start trading huge lots because you will loose more as well in case the trade goes wrong.

Thus, its better to understand the logic and then decide accordingly. I hope my explanation helped you.

 

[mianlien]

Simple moving average, exponential moving average, Average convergence and divergence indicator, parabolic sar scalping indicator, the Stochastic Oscillator indicator you can try out these indicators they work best for scalping.

Could you give me link to get these indicator ??

 

[ele020]

You don't actually need a link for these indicators, many brokers have these inbuilt in their trading platforms.. You can checkout the MT4/5 trading platform of your broker.. I am sure you will find them.. My current broker has plenty of these already..

 

[Marcos_de_Santos]

Found some good info here, thaks a bunch

 

[Anakelv]

There are lots of scalping strategies but I want to point one the one which in my opinion is effective. It is called "stochastic osccillator". The term stochastic relates to the point of the current price in relation to its range over a recent period of time. By comparing the price of a security to its recent range, a stochastic attempts to provide potential turning points. Scalping with the use of such an oscillator aims to capture moves in trending market. Prices tend to close near the extremes of the recent range before a turning point occurs. Also, contrary, short positions would be used in a downward trending market.