best indicator for scalping

[Vkpondi]

Moving averages for scalping forex
Some of the most commonly used forex indicators for scalping are the simple moving average (SMA) and the exponential moving average (EMA). These can be used to represent short-term variance in price trends of a currency.

 

[shortham]

The combination of Moving Averages, RSI, and Average true range (ATR) works the best for short-term trading.

 

[vishrajv]

Scalping need fast tools so try to create a startegy based Triple Ema and Double Ema.
It works for me manually.

 

[rafirpmc]

need more on it. SOmetimes its not enough to bring profit.

 

[quinbcn]

Perhaps the most important thing apart from a good entry is an Ea that can manage profits well with a trailing stop

 

[mazama_cap]

the best indicator for trading is whatever you want- just test it thoroughly

 

[Migi147]

I used it recently, but it didn't work well for me personally. Unsuccessful trading ...

 

[Charles Agustin]

Honestly, It doesn’t matter whether you are a long term trader or part time trader. But the fact is that if you have the right trading strategy for the trading approach you are following. If you don’t have, it’s not recommended for you to enter trading because Forex trading is such a thing that can fully destroy you.

 

[bhawkins]

need more on it. Sometimes its not enough to bring profit.

 

[antwanmcdonough]

For short-term trading, the optimal combination is Moving Averages, RSI, and Average True Range (ATR).

 

[Multisulcate]

Well, moving average is a commonly used lagging indicator in forex. But they are effective for scalping strategies. It is the most simplest and basic indicator that a scalper can use. But I suggest using MACD more as it helps not only following trends but also in capturing them in time. The problem with SMA is that their signals are often delayed and that is why MACD is a better choice in my opinion.

 

[Serimeter]

I typically use EMA and MACD indicators to scalp EUR/USD.

 

[Bugaboo]

Imo, Bollinger band and RSI is the best indicator for scalping trading.

 

[jollyjegan]

Imo, Bollinger band and RSI is the best indicator for scalping trading.

any performance report ? or screenshot? which settings best for intraday ?

 

[Desert Pilot]

For short-term trading, the optimal combination is Moving Averages, RSI, and Average True Range (ATR).

Is that easy to set up for automation?

 

[Shaner3]

A combination of multiple EMAs is quite effective. I like to add parabolic SARs for confirmation as well.

 

[Berserker]

I use the RSI and the MACD indicators together for scalping along with the SMA indicator for scalping. I use The RSI and the MACD to help me maintain or close a position. I use the SMA for confirmation and any price movements that are likely to change direction.

 

[InnerMarshal]

In my experience I will say that EMA is the best indicator for scalping. It is fair enough to say that EMA reacts to recent price changes more quickly than to previous price changes. This technical indicator is used by traders to find buy and sell signals that result from historical average crossovers and divergences.

 

[jacky95100]

EMA7 in multiple time frame w1 d1 h4 for trend and trade in M5/ M15

 

[Wollies]

Moving averages alone will not make you money. You need to use S&R or other method with them. Many EA's that trade crossovers. With even times to trade. They all failed to make money.