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Scalping strategy with EMA

Aab juve

New Member
Instruments: major Forex instruments with low spread such as EUR/USD, GBP/USD, AUD/USD, USD/CAD. The number of instruments could vary and should be chosen depending on the spread offered by your broker.Timeframes: M1, M5.There are three groups of indicators that are used in the strategy:EMA with periods 2, 3, 4, 5, 6, 7,8, 9, 10, 11, 12,13, 14, 15 (pink colour);EMA with periods 17, 19, 21, 23, 25, 27, 29,31,335, 37, 39, 41 (blue colour);EMA with periods 44, 47, 50, 53, 56, 59, 62, 65, 6871,74 (green colour).When to open long positions:Buy when the pink EMA crosses over the green EMA from the top. Add to the long position when the price touches the green or blue line and returns to the pink line.GBPUSD, M1
 

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