Trading Strategies by CopyFOREX

[copyforex]

Strategy "Scalping with use of Parabolic SAR + CCI"
Recommended timeframes M1

This strategy is based on Parabolic SAR and Commodities Channel Index indicators. That's an impulse scalping strategy founded on the current price trend.

Tools: EUR/USD, AUD/USD, GBP/USD.

Тimeframes: M1, M5.

Indicators:

• EMA50 on M1 time-frame
• EMA21 on M5 time-frame
• CCI (45).
• Parabolic SAR (0.02, 0.2)

Long positions should be opened when the point of the Parabolic SAR indicator is located above the EMA's line and the value of the CCI indicator is more than 100.

Short positions should be opened when the point of the Parabolic SAR indicator is located below the EMA's line and the value of the CCI indicator is less than 100.

Exit point:

Target: EUR/USD (7-12 points), AUD/USD (5-8 points), GBP/USD (7-15 points).

Stop Loss level should be placed at the EMA level.

Buy

Sell

 

[copyforex]

Scalping system "10 points"
Recommended timeframes M1

This trading strategy is used on the chart with the period M1. We add MACD Oscillator with the settings (13, 26 and 9) and Stochastic Oscillator the settings (5, 3 and 3), which will be used as indicators. The best time periods for trading with the use of this strategy is European and American sessions. It is preferable to choose currency pairs with the medium or high volatility (currency pair of the Major group are quite suitable).

After adjusting the chart and adding required indicators, follow the instructions below to open trading positions:

The following conditions can be used as a signal for opening long positions:

- the lines of MACD histogram are in the positive zone above the zero level;

- after the decline below the level 20, Stochastic Oscillator (the line %К or %D) has risen above this level.

Stop loss is set at the distance of one point below the nearest local low.

Take profit is set at the level of 10 points from the opening price.

Fig. 1

A candlestick, which is marked on the chart with the period M1 meets the requirements for opening long positions (Fig1).

The following conditions can be used as a signal for opening short positions:

- the lines of MACD histogram are in the negative zone below the zero level;

- after the rise above the level 80 in the overbought zone, Stochastic Oscillator (the line %К or %D) fell below this level.

Stop loss is set at the distance of one point above the nearest local high.

Take profit is set at the level of 10 points from the opening price.

Fig. 2

A candlestick, which is marked on the chart with the period M1 meets the requirements for opening short positions (Fig2).