0 XXL Scalping System

Click to enlarge

• Use the system on any pair you like.

•  Timeframe for main screen is M1and M5. TP is 12 pips,SL is 45 pips. I've set slower moving pairs to TP 7 also,depends on your expectations.The higher the timeframe, the more profit you may want to take.The best thing would be to exit at the counter semafor... but I do not dare :) You could set quiktrailing to break even at your liked pips or to lock in some profit,you shoot for more...

• Eventually use a second backup screen for higher semafor check on M15/M30, but get your feeling.TRO says trading only if at least H1 shows ANY semafore(1,2,3) in your direction, but I work without that. It would of course give even more safety.

• To start scalping, wait for the messagebox to tell you that a level 3 semafor has been detected, that is the yellow one with a red circle around it.

• Check the trend then. On right side in the middle the trend percentage must be at least over 70% in one direction, the higher the better.

• Check Semafor 3 again and make sure, it is in very close range to the thick double lines blue and green. If it is in them or even past, get ready.

• Check the RSI black and yellow line in the middle indicator on screen.If it is over 80 and semafor has touched or pierced blue double (bending) outer line,GO SHORT ! Do not think :) If it is under 20 and semafor has touched or pierced green double (bending) outer lines,GO LONG !

• Be aware that semafor is a repainting indicator and thus will appear more than on one candle after another,always marking highest of a trend.I have a special way catching trades ... but BEWARE OF HIGH RISK HERE, check money management !!! For this I work with SL 100 or higher in the quik trailing settings (thanks Quiksilver!) If a trade goes against my entry, I will re-enter with some martingale element.Meaning I check the daily average movement of a pair,take 50% and divide this by 3.

Example : GPYJPY goes against my first entry with 0.1 lots, I calculate :
Around 300 pips average /2 = 150, 150 / 3 = 50.
Thus I reenter with double lot size 0.2 at -50 pips of the first trade.

NOT EVER BEFORE THAT !! 30 pips movement for that pair is nothing ...Until now (4 weeks) I have never used more than 3 levels of this strategy (0.1 0.2 0.4) But check out whether you like that kind of catching trades .

• For further confirmation of trends check the currency heat indicator at bottom. I do never trade against the H1/H4 trend ! The trend indicator middle right (I was reffering before to it) is setup to mix H1 and H4 trend already, so mostly no need in reconfirming that.

• There are also the colour bars top right on screen telling you also what SHALL happen. I use this system on more than 10 pairs at once with a bankroll of around 5k EUR.

Happy scalping !

0 Dewa Scalper Versi 12 Miracle of Ular Welang

The System is created by Mr.PUPUNG WIDIYAPURNAMA. Permission to share your system on my site,Sir.

Here's short description of the system,translated into english.Default is in Bahasa Indonesia:

"This technique can be used for short term or long term and proved to be very accurate . The essence of Trading is when we enter the market and when we exit from market.This technique is able to provide a valid signal to enter and exit the market to reap profits in the forex trading business.

Before using this technique my friend let's do sodaqoh movement to children orphaned and needy people around where we live.In accordance with the will Kanjeng Sunan Gusti Sinuhun Syekh Syarif Hidayatullah Cirebon.

“INGSUN TITIP TAJUG LAN FAKIR MISKIN “ (I entrust orphans and the poor)

Miracle of Giving formula = Something we spend will be directly proportional 700-fold with something that we will get.

Believe or Not? Let's we prove it together!

Shodaqoh at each of your place then trade with Dewa Scalper Versi 12 "Miracle of Ular Welang" and obey the rule as directed."

Base on Renko Chart. Box Size: Depending on your term of trade.

Recommended PAIRS: GBP/JPY, EUR /USD, and EUR/JPY.

0 Solar Wind Joy Renko System

Renko Box Size 8-10 pips Or More
Pairs: EUR/USD,GBP/USD,AUD/USD,USD/CHF,GBP/JPY,EUR/JPY,AND MORE.....

Indicators:

Donschian Indicator FL11

Click to Enlarge

 

0 Simple Renko System

The tools for the trade are Renko ea slope direction line traditional macd Template as above

Renko box size is the amount of pips per bar , default is 10 , I have mine set to 5. Renko time frame is just a reference for the offline chart you will be using. Change show wicks to false. This chart is not used to trade with , minimize it and go to file/ open offline.

The only other indicator I have is the macd , the rule is very simple , for long entries , both lines have to be heading upwards with the green above the red and for shorts, both lines angled down with the green below the red. Now the reason I listed some as winners and some as losers even though the trade went in your direction for one or more bars is because I’m looking at a reward for risk of 2 to 1, each trade has a 10 pip stop for a 20 pip
target. You can try different risk to reward ratios, trailing stops, I prefer the set and forget style so this is my idea for how to trade this method.

0 Goldflight's Renko strategy Trading System

Pairs: All
5 pips renko chart.

Indicators:
10 ema (blue)
20 ema (red)
PJ- Over rsi 7-50-50
PJ- Over rsi 14-50-50
Pivot points on 1 min chart
FIBS on 1 min chart
(Optional) trailing stop EA.

Goldflights HA Smoothed

Long entry:
Block closes above 10 ema, 10 ema above 20 ema, PJ rsi 7 and 14 green. Short entry:

Short Entry
Blocks closes below 10 ema, 10 ema below 20 ema, PJ rsi 7 and 14 red

The trailing ea on the 1 min chart set at 15 pip s/l, 100 pip t/p, 15 pip trail stop, move to break even 15 pips, and 2 pip lock.
In the picture Goldflight's Renko strategy forex system in action.

Trading Indicator
Goldflights HA Smoothed .zip

Download

Forex Indicator
Pj-over RSI.rar

Download

Source: forexstrategiesresources.com

0 Renko Chart with Solar Wind Joy Trading System

Renko Chart with Solar wind Joy indicator is a complex trading system based on Renko Chart an price action method

 

Click to see details

Source: www.forexstrategiesresources.com

0 TS Trading System

Indicators :

1. Auto_Sessions_v_1.7.ex4
2. BarTimer.ex4
3. Daily Range PeterE.ex4
4. Momentum Candles.ex4
5. Tokyo Samurai Move.ex4

Templates:

1. ts ej.tpl ( for Pairs EUR/JPY)
2. ts eu.tpl ( for Pairs EUR/USD)

 Unfortunatelly,we can not provide User Guide for the System . If somebody want to add User Guide,please add it to comment form below.

How to download click here

0 TA Trading System

The System called TA System.Trade Assistant Trading System
You can use TA System Trade Assistant Forex Strategy to trade most of the major currency pairs I trade EUR/USD, GBP/USD, AUD/USD and USD/CHF by using this strategy on 30M charts. After applying the template, you do not have to change any settings. Just read the strategy very carefully.

Click the figure to enlarge

You can go for 30 pips and set your stop-loss level to 25-30 pips depending on the currency pair. Avoid trading during choppy market conditions such as early Asian or late Fridays session.

This strategy is based on Trade Assisteant Stoch, RSI And CCI Signal MT4 Indicator.

0 No Repaint Scalp with ZigZag Indicator

Scalp System using a single indicator.No Repaint ZigZag.Time Frame M15. By Take Profit 5 pips.Very Simple and no thinking needed.Only Open Position when the tip of ZigZag formed and close when 5 pips reached.
See how the indicator shows on chart:

0 Trading Made Simple Forex Strategy

Every trader has a common cycle in the forex market. First you start with a demo account, buy when price goes up, sell when price goes down. Everything seems perfect in first couple of weeks. You decide to open a real account.
Meanwhile you discover that there are many indicators to tell you what to do. Your charts become full of indicators, you can barely see because there is no space left on the chart. You open a position with real money and things start to get harder. Sometimes you close trades with little profits while you could have closed it earlier and gained 150+ pips. Since you don’t have certain rules and strategy, your account starts to melt due to different market conditions. At this point you start to search forums, web sites to tell you what to do.
Finally you blow another account and blame others for their bad calls. Next you search for profitable expert advisors to run on your computer. Of course, you get the same result. Finally you decide to find a strategy that works and you learn new things as you search. Most important thing I have learned to become a successful was being patient (waiting for the right time) and following the strategy that I am using. Of course you learn risk management as well. Ah and one more important thing; never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.
...................................
Trades are made between 06:00 GMT and 14:00 GMT. We enter a trade when green crosses red on the TDI at the beginning of that candle. If it is 3 or more candles, don’t enter the trade. Wait for another trade set up. The only exception is if green bounces off red and continues, then it is ok to reenter on the bounce. Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
...........................

0 Dark Forex Strategy

Before we start remember that no matter what you are trading, what your strategy is, you have to follow three important rules in order to make profit. Do not use high leverage. Risk and money management are important part of trading. One more important thing; never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.
Open EUR/USD, GBP/USD, USD/CHF or any other major pair that you want to trade. Set chart time frame to 15mins and apply the template (you can download it at the bottom). Take a look at Manual Dark Strategy

The right side of the chart is not a part of this trading system, however it is very useful because it will remind you economic news releases, session open and close times. It’s “! IN10TION NewsReader v09.99k lite.ex4” (Read more about IN10TION NewsReader indicator) MetaTrader Indicators (you will download it later) etc.
Now let me explain you Manual Dark Strategy, it is very simple. Examine the chart below please:

Chart Explained
1. This is non-lag ma indicator which is a part of this trading system so pay attention when it changes color. 2 This line shows daily open value. 3. SSL bar which detects trend on larger time frame. Manual Dark 

Strategy Trading rules:
Trade only between 06:00 GMT and 21:00 GMT. Ignore the signals generated after these hours.
Go long (buy) when both non-lag ma (1) and SSL bar (3) are green.
Go short (sell) when both non-lag ma (1) and SSL bar (3) are red.
Take profit: 60 pips
Stop-loss: 30 pips


You will get alerts by Dark Forex Strategy but take care about other info from chart before you open position.
SSL send alert M240 as you can see on SSL properties that is H4 time frame, you always need to read for which time frame are you get alert. Because you can look at M5 chart and get alert for H1 time frame.

How to download click here

0 Simple Linear Regression Trading system

I believe this system is pretty easy to follow for everybody, its far away from that so called "amazing" systems, and, personally, I run away from any "amazing" related to trading.
These system have some virtues:

• Its very good predicting trend exhaustion

• Its very good prediction turning points

• It provides very good leading signals

• It provides very good stop loss and exit points

• It provides trend and counter trend trades.

• Works in all time frames

• Works with all currencies

• Rules are so simple

I did find few contrary features and I really like. I have been trading with them for long time (some time if we include test period). Some cons that this system have is.
Sometimes misses a big move and the right point to trade comes in the middle
If you're very conservative following the rules sometimes misses a big move
This system is was not thought to be a trend follower. Remember that. Trend followers system gives you the signal when the trend is established. You could try to follow the trend by adjust the R-Squared indicator but does not have too much sense.

 

Download the System to read more.......




How to download click here

0 Genesis Matrix Trading System

Genesis Matrix Trading System (GMTS) is very familiar System around the internet.We can provide three type of the System.

• GMTS-Matrix

GMTS-Matrix is a non-repainting matrix indicator for use with the ‘Genesis Matrix Trading System’.
It is composed of the following indicators:
1. TVI
2. CCI
3. Gann High/Low Indicator
4. T3 Moving Average
Multi time-frame. All bars in the chart corresponding to a higher time-frame bar will be updated to reflect the current state of the higher time-frame indicator.
Optional alert when all 4 indicators line up.
Set labels of your choice.

• GMTS-Dash

GMTS-Dash is a signal dashboard for the ‘Genesis Matrix Trading System’. It displays the current matrix signals for multiple time-frames and the ADR.
It is composed of the following indicators:
1. TVI
2. CCI
3. T3 Moving Average
4. Gann High/Low Indicator
Display 1 to 4 time-frames of the current GMTS signals.
Show optional ADR level calculated from daily candles.
2 Optional alerts that can be set to alert when specified time-frames line up.
User configurable colors.
5 different arrow types.
Position relative to the on top-left or top right corner. Positioning on the top left corner requires that the use of dlls is enabled

• GMTS-Tape

GMTS-Tape is a tape chart of the ‘Genesis Matrix Trading System’ Matrix indicator.
It is composed of the following indicators:
1. TVI
2. CCI
3. T3 Moving Average
4. Gann High/Low Indicator
Multi time-frame. All bars in the chart corresponding to a higher time-frame bar will be updated to reflect the current state of the higher time-frame indicator.
Optional alert when all the signal changes.

How to download click here

0 Super Buy Sell Profit Trading System

The “Super Buy Sell Profit” uses a very special algorithm based on custom advanced (no repaint) versions of some Forex indicators + a price action system.
You will get an ARROW signal on your chart ONLY if all the indicators and filters are in agreement! The signals (arrows) are never REPAINTED! Make sure to read all the recommendations and especially “How to use the software (and when) - 3 rules”.
We advise that you read and make sure you understand the entire system before putting it into practice. Experiment and gain experience in demo accounts before trading with your own money


Use indicator buysellwait.ex4 for 5 digits broker or buysellwait4.ex4 for 4 digits broker.

You should get something like this after you load an indicator:

Yellow arrow- SELL signal
Green arrow - BUY signal


When a trading opportunity (entry) expired – you will get a “duty” message “Wait next signal”

Email alert is already activated in the Secret Profit Indicator INPUTS. All you have to do is setup your mail servers…
Tools => Options => Email
If you need more info on how to setup an email alert, go to youtube.com and search for ”mt4 email setup” there are plenty of free video samples.
(texts from manual guide)




Download

How to download click here.

0 ForexKey Trading System

To use this method you don't need to be an expert.. This is EXTREMELY simple so that anyone can follow it.A wonderful thing about FOREX KEY SYSTEM is that the trade is entered at the same time every single day!While the method can be used on many different currency pairs we recommend the EURUSD. Why EURUSD? The EURUSD is extremely liquid and usually has among the tightest pip spreads of any pair.

If you do use the FOREXKEY on pairs other than the EURUSD then you may want to use a different "StartTime", and perhaps different pip amounts for the target and stop loss. More advanced traders can experiment with this at their own discretion, but we will now focus on the EURUSD for the description of this method.

The System:
The Key Bar indicator will display a LONG (buy) or SHORT (sell) entry signal at 10:00am EDT (New York Time). See example below. Apply the Key Bar Indicator to a 5 minute EURUSD chart. The input called, "StartTime" is defaulted to 10:00am. This is 10:00am EDT (New York Time). IMPORTANT: If you are in a time zone other than EDT (New York Time) you will need to adjust the "StartTime" by the number of hours difference your time zone is. For example: If you are in a time zone that is 3 hours behind New York then you'd set the input to 7:00am (0700). if you're in a time zone that is 6 hours ahead of New York then you'd set the input to 1600 hours (4pm), etc, etc. Just make sure the "StartTime" is the equivalent to 10:00am in New York. Every trade is taken at this time each day.

EXAMPLE:

ENTERING THE TRADE:
If at the StartTime (10:00am New York time) the Key bar indicator displays a RED bar then you will sell short on the open of the NEXT bar. If at the StartTime the Key bar indicator displays a BLUE/CYAN bar then you will BUY long on the open of the NEXT bar. Yes, it's that simple!

EXITING THE TRADE method 1:
Exiting the trade is a two part process:
1) Profit Target and Stop Loss: As soon as the trade is entered use a 50 pip profit target and a 50 pip stop loss for both long and short positions.
This is considered a 1:1 (1to1) "risk to reward ratio" for the target and stop loss. This is considered a more professional approach than using a system where the stop loss is, for example, eight times that of the target so that a losing trade wipes out eight+ winners. In my personal experience I've only seen what I consider to be unrealistic "forex robots" and other "forex systems" use that type of trade management methodology in order to tout a very high percentage of profitable trades. In other words you can have a 90% winning system that loses more than it makes if one loser wipes out 10+ winners due to a 10 pip target and a 100 pip stop loss. The Forex Key System is not that type of system, it uses a 50 pip target and a 50 pip stop loss (1 loser wipes out 1 winner, and each winning trade recoups each losing trade). More advanced traders can experiment with other target and stop loss amounts at their own discretion.

2) Time Based Exit: For a long position: if by 2:55pm New York Time (remember to offset these times as per your own time zone, as outlined above) the trade has not yet hit the target or stop loss then sell the position on the first profitable close of a bar. In other words on or after 2:55pm New York Time if the position is still open then as soon as a bar closes and the trade is profitable then close the position.
So one of three things will happen: The trade will hit the target, the stop loss, or be closed on the first profitable bar on or AFTER the bar at 2:55pm New York Time.
The exact same is true for a short position except the exit time is on or after 10:55am New York Time, rather than 2:55pm.

EXITING THE TRADE method 2:
(Trades only 1 hour per day, with a higher percentage of profitable trades but overall profit potential can be less than exit method 1):
All of the above is the same except the exit times are as follows:
Long TimeBased
Exit: 10:55am (New York Time)
Short TimeBased
Exit: 10:40am (New York Time)

SemiAutomating the System:
Entering at the same time every day makes this method MUCH easier than nearly all other methods. To make this system more "automated" simply use limit orders for the profit targets and stop loss orders in your trading platform to automate the trades. Make sure to use "OCO" (Order Cancels Order) settings (if one order is executed the other one must be canceled automatically) If you don't know to do this then please consult your broker and/or check your trading platform help files.
If the target or stop loss is not hit before the timebased exit must be used then the trade will have to be exited manually. be sure to cancel any open and pending target limit or stop orders if the trade is exited manually.

NOTE: We recommend trading using a demo/simulated account before using real capital.



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 How to download : Click here

0 FMiracle Trading System by Karl Dittmann

This System is very Simple. Only single indicator attached on the Chart.Recommended to attach indicator by loading the Template.
You can try to experience with this.
Just follow instructions in the image that included on file download.
 The System will provide us:

• SELL/BUY LEVEL
• STOPLOSS LEVEL
• 'TAKE' PROFIT NORMAL
• 'TAKE' PROFIT LEVEL AGGRESSIVE
• 'TAKE' PROFIT LEVEL HIGJ AGGRESSIVE

So what else? All we need to trade are here.I think you don't need to analize the chart if you use this system.

Below is newest chart PAIR USD/CHF TF H1 :

Try this and download for Free by click the link:


Download



How to download file : Click here

0 Keltner Scalping Trading System

Time Frame 1 min.
Pair: EUR/USD.
Spread Max 0.0015

Indicators:
OHLC Bar Chart or Candlestick Chart
89 Period Simple Moving Average
Keltner Channels with a 22 period moving average
MACD Histogram with 2 settings (5/34/5 & 25/170/25)
445 Period Exponential Moving Average
Stochastic Momentum (5,3) or Full Stochastics (5,3,3)

Trading Rules
By design this system is a scalping system but I also use it to capture much larger profits. The entry rules for both methods are identical. The difference lies in the exit method. For the scalping method I enter my target exit order immediately after I enter my protective stop. For the larger trend trades I use a combination of the Keltner Channel and the 89 period moving average to help stay in the trades for longer periods. That being said lets go over the entry and exit rules for the scalping system first.

Long Trades
Conditions required for trade entry - in sequence:

1. Price is above or testing the 89 period moving average on the one minute chart.

2. Price is within the Keltner Channel or closely above or below it. * Important - If price is below the Keltner Channel wait for the next trade unless there is a very clear positive divergence between price and the MACD (5/34/5) or it is testing either one of the 89 or 445 period moving averages. If price bar body is overlapping the upper Keltner Channel it is probably still a safe play but stick to your stop rules. It is always best to wait for it to come back and test inside the Keltner Channel.

3. The MACD (5/34/5) Histogram is below zero

4. The Stochastic Momentum is approaching or below –40. For the highest probability trades wait for it to go below –40, however it will not always make it that far especially in strong trends.

5. The 1-period moving average of the MACD turns back up in the direction of the trend and crosses the 5-period moving average of MACD.

At this point you would go Long on the open of the next bar provided price is still within or very closely above or below the Keltner Channel and enter a maximum stop in one of 3 places.

1. One pip outside the lower Keltner Channel

2. 1 pip below the 89 or 445 period moving average if they are directly below the Keltner Channel

1.    12-pips below the trade entry point. Never set your stop further than 12 pips away using this system and try to keep it tighter using the first two choices when possible. This will help you cut your losses short and stay in the game for a long time to come.
2.   
For this scalping system your profit goals should be modest with and emphasis on making several quick and small trades. I usually set my scalp trade exit orders immediately after I enter my protective stop in order to eliminate most of the emotional tendencies that naturally occur when trading. I set my exit price between 6 and 12-pips above my entry price.


Short Trades
Conditions required for trade entry - in sequence:

1. Price is below or testing the 89 period moving average on the one minute chart.

2. Price is within the Keltner Channel or closely above or below it. * Important - If price is above the Keltner Channel wait for the next trade unless there is a very clear negative divergence between price and the MACD (5/34/5) or it is testing either one of the 89 or 445 period moving averages. If price bar body is overlapping the lower Keltner Channel it is probably still a safe play but stick to your stop rules. It is always best to wait for it to come back and test inside the Keltner Channel.

3. The MACD (5/34/5) Histogram is above zero.

4. The Stochastic Momentum is approaching or above +40. For the highest probability trades wait for it to go above +40, however it will not always make it that far especially in strong trends.

5. The 1-period moving average of the MACD turns back down in the direction of the trend and crosses the 5 period moving average of MACD.

At this point you would sell-short on the open of the next bar provided price is still within or very closely above or below the Keltner Channel and enter a maximum stop in one of 3 places.

1. One pips outside the upper Keltner Channel

2. 1 pips above the 89 or 445 period moving average if they are directly above the Keltner Channel

3. 12-pips above the trade entry point. Never set your stop further than 12 pips away using this system and try to keep it tighter using the first two choices when possible. This will help you cut your losses short and stay in the game for a long time to come.

6. For this scalping system your profit goals should be modest with and emphasis on making several quick and small trades. I usually set my scalp trade exit orders immediately after I enter my protective stop in order to eliminate most of the emotional tendencies that naturally occur when trading. I set my exit price between 6 and 12-pips below my entry price.



Download



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0 Yin Yang Scalping Warrior Trading System

Recommended Time Frame M1

Rule:

BUY ONLY:

1. Warrior (Green Bars) above AO level
2. SAR dot has been formed at the bottom
3. SAR and Lower Envelope (brown) is very close or touched

SELL ONLY:

1. Warrior (Red Bars )  under AO level
2. SAR dot has been formed at the Top
3. SAR and Upper Envelope ( lime) is very close or touched

TP: 3-5 pips


Dowload



How to download: click here

0 The Amazing News Expert Advisor / EA

Now, lets look at specifically how to apply this strategy. We will use chart 1 for illustration purposes, and all times will be discussed as EST. You go to view the Fundamental Announcement calendars and see that the US will be making some announcements (one announcement is ok, but more is better) for 8:30am tomorrow. Very well then, you go to bed and make sure to have the alarm set for 8:15am to be awake for the trading opportunity. It’s a good idea to set an alarm clock 15 minutes before the trading opportunity to make sure you remember it.

At 8:25 you should have your charts open to the one-minute candlesticks for EUR/USD (and/or GBP/USD, CHF/USD) and your Forex broker account opened up and ready to place an order.

You should notice that prices are gently moving around in a consolidation pattern waiting for the Fundamental Announcement. Now here is where you have to act quickly. At EXACTLY 8:29am you need to look at the candle and see what the high and low prices are (not open and close). Add 10 pips to the high price and minus 10 pips from the low price. If the 8:28am candle has higher highs or lower lows then you may want to use those extreme numbers instead of the 8:29am candle’s prices (adding/subtracting 10 pips). Now you create two “entry orders”.
An entry order, unlike a market order to buy/sell right now at the current price, is an order that only kicks in when your entry price is touched. For the first entry order you set it to “BUY” when it reaches the high+10pips price, set your Stop loss for 10 pips (VERY IMPORTANT) which is basically the same as the high without the extra 10 pips, and then activate your trade.For the second entry order you set it to “SELL” when it reaches the low-10pips price, set your Stop loss for 10 pips (VERY IMPORTANT) which is basically the same as the low without the extra 10 pips, and then activate your trade.
This should all have happened by 8:30am sharp. OPTIONAL – you could set a profit limit of 20 pips on both orders.

What did you just do? You took the price range of the currency pair and stretched it 10 pips up and down to add a little bit of a safety net. You told the broker that if the price of the currency pair goes up to that high point then you will “BUY”, and if it goes down to the low point then you will “SELL”. You also told the broker to stop you out after losing ten pips incase that should happen. If you set the optional profit limit to 20 pips then you told the broker that once the price moves in your favor 20 pips to exit the trade.

In chart 1 it happened to go “UP”, and you would have ended up “BUYING” the currency pair. It could have just as well gone “DOWN”, and you would have ended up “SELLING” the currency pair. It doesn’t really matter with this strategy which way it goes, just that it moves a lot of pips.
IMPORTANT – Within 5 minutes one of your two trades should be off and running. At this point you should cancel the other trade. Sometimes the market responds with a momentary whiplash which means both orders could have been triggered, one resulting in a loss while the other usually goes on for a profit. Read more about this later in this document.
Let’s review the above chart 1 example. At 8:29am the high was 1.2002 and the low was 1.1999. At 8:28am the high was 1.2000 and the low 1.1998. Since the low of the 8:28am candle was lower than the 8:29am candle’s low we will use that one.
So now...
you add 10 pips to the high (1.2002 + 10pips = 1.2012) and you subtract 10 pips from the low (1.1998 –10pips = 1.1988). So you place two entry orders, one that if the price goes to 1.2012 you buy a lot (or multiple lots, or mini lots), but if the price drops to 1.1988 you sell a lot. Then you enter your stop losses (VERY IMPORTANT – NEVER trade without stops!!!) of 10 pips, so for your buy position your stop loss would be 1.2002 and your stop for the sell position would be 1.1998. Let’s say you decided to put a profit limit of 20 pips then for your buy position it would be 1.2032, and for your sell position it would be 1.1968.
To make calculations simpler for you I have included an MS Excel spreadsheet that does all the math for you that you can download from the resource section of my website (see Appendix A). Just enter in your high and low numbers and it will give you all the numbers needed.

Back to the example. In this case your “BUY” entry order would have kicked you in for a buy position at 1.2012. If you used a 20 pip limit then you would have exited at 1.2032 for a nice $200 profit (trading only one regular lot). Not bad for about five minutes worth of work.
If you are a beginning trader it is highly recommended that you stick with a 20 pip limit on your trades. Later you can do some of the more advanced suggestions .......

Download file for more detail ....
Included EA on File


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0 Ultra Scalper Forex System Indicator

How the System works
As the majority of trading systems, Forex Ultra Scalper utilizes a system, known as a “Signal Generator – False Signals Filter”.Forex Ultra Scalping begins to operate the very instant you loaded indicators into a chart. The system analyzes previous price activity. Based on that activity, the system creates a few possible scenarios of further activities. Minute by minute, new computations are being made. Activities fitting the predictions, calculated by the system, allow for the next computations to be even more precise. The signal
generator, based on the price analysis, finds an optimal moment in time for opening an order. Afterwards, a signal is passed on to a filter block for even further processing.

The “Real Deal” with the Forex Ultra Scalper
The product has one of the Up-to-date modern algorithms, designed around our “Ultra Smart Prediction Technology”.The main ‘staple’ is the Filter Block, (that blocks false signals), that we, in all honesty, consider our Pride and Joy.This block analyzes all possible incoming data: Dynamics of quotations activity Time of the day and market activity during different sessions Volume Spread expansion dynamics Quotation activity the very same time, but the day before The presence of divergence and convergence - both at quotations as well as oscillators All these computations are done “on the fly”, in a split second, sending the resulting signals to a trader.

Package Contains the following indicators:

• ultra_signal.ex4

• ultra_filter.ex4

• User's Guide (PDF File)

Open any chart in MT4.
Please use M1 Timeframe only.

For more details read on PDF File user's Guide.



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