A Scalping Trading System that provides simple buy/sell indications is called the Master Scalping System. Scaling and intraday trading, as well as Binary options High/Low, are suited for this configuration. This is a high-frequency scalping trading strategy.
It is a flexible forex scalping trading strategy that works with all different timeframe charts and can be used to trade all different forex currency pairings.
It performs remarkably well for scalping on the M1 or M5 timeframes. But it can be used to any. A 1-Minute chart is preferable for binary options with a 5–10 minute expiration, and a 5-Minute chart is preferable for options with a 25–50 minute expiration.
This scaling indicator method can provide trading indications that you can use as-is or further filter with further chart research, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
You can configure the Scalping Indicator System to send you signal alerts via email, platform pop-ups, and mobile notifications. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded with the Master Scalping Indicator. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 1-hour charts. On the M1 or M5 timescales, it performs best.
Trading rules
Buy signal
- Candle touches the green channel line at the bottom.
- Arrow pointing up appears.
- Goes above the oversold region on the stochastic.
- THV RSI: Exceeds the oversold region.
- Genesis: Began to turn from red to green.
- THV TRIX: Started to turn green from red.
- MACD_Incolor: Starting cross (green cross, red) from bottom to top.
- MACD_Incolor: Bar’s red to green color change.
If the conditions outlined above are satisfied, we glance at the Heiken Ashi candles and enter from the following candle if the candle is white.
Sell signal
- Candle comes in contact with the top green channel line.
- There is a downward arrow.
- Stochastic: Crosses the area of overbought.
- Goes below the overbought region on the THV RSI.
- Genesis: Started to turn crimson after beginning as green.
- THV TRIX: Started becoming red instead of green.
- MACD_Incolor: Beginning cross (red cross the green) from bottom to top.
- MACD_Incolor: The color of the bar changes from green to red.
If the aforementioned criteria are satisfied, we glance at the Heiken Ashi candles and enter from the following candle if the candle is red.
Exit position
Depending on the time range, you can exit at the opposite arrow, the upper or lower super bands, or with a predetermined profit target. Any of these techniques, or even all of them, can be used to end deals.