High accuracy 5 minutes Time Frame “Forex NonLag MA Scalping Trading Strategy with Bollinger Bands and MACD Filter” – Traders with longer time frames can use this “NonLag MA Scalping Strategy” as a supplementary approach.
Scalping is a trading style that specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain.
- Time Frame: M5
- Currency Pairs: GBPUSD
- NonLag MA
- Bollinger Bands
- NonLag MA: Aqua lines
- Bollinger Bands: Price goes down and touches the lower Bollinger Bands
- MACD: Aqua histogram
- NonLag MA: Magenta lines
- Bollinger Bands: Price goes up and touches the upper Bollinger Bands
- MACD: Red histogram
- A successful scalper, however, will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses.
- Risk Reward Ratio 1:1.5