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Scalping involves frequent trades, which means that risk management is absolutely critical. Without a solid plan, losses can pile up faster than you expect. On MT5, tools like stop-loss orders, trailing stops, and risk calculators can help you limit your exposure.
How do you decide your...
Choosing the right indicators can make or break a scalping strategy. On MT5, there’s a plethora of tools to help you pinpoint short-term trends, momentum, and potential reversals. Popular choices include Moving Averages for trend direction, RSI for overbought/oversold levels, and Bollinger Bands...
Scalping is one of the most dynamic trading strategies, perfect for traders who enjoy high-paced action and quick decision-making. With MetaTrader 5 (MT5), traders gain access to tools and features that make scalping easier and more efficient. But how do you truly master this strategy?
In this...
1. Setup Requirements
Broker Selection: Choose a broker with low spreads, fast execution, and minimal slippage.
Account Type: Opt for an ECN or STP account for direct market access and lower costs.
Tools: Use an MT5 account with fast internet and VPS if latency is an issue