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Forex M5 “Multi MA” Scalping Trading System


High accuracy “M5 Multi Moving Average Scalping System” – This post is going to assume you already have an understanding of scalping and will focus on some of the indicators you could use to form a simple and successful scalping strategy.

  • Time Frame: M5
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicators
  • Moving Average
  • Cynthia’s’ Signals Entry Stop
  • Commodity Channel Index

 

BUY Rules

Trading NOTES

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  • Moving Average: Blue MA lines > Red MA lines
  • Cynthia’s’ Signals Entry Stop: Aqua line
  • Commodity Channel Index line: Upward and above level 50

 

SELL Rules

  • Moving Average: Blue MA lines < Red MA lines
  • Cynthia’s’ Signals Entry Stop: Magenta line
  • Commodity Channel Index line: Downward and below level -50

 

Trading NOTES

 

  • The  Moving Average is first on the list of scalping indicator that can be used to create a very simple strategy
  • Put the initial stop loss above the previous swing high or low
  • Best Risk Reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading system

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