Scalp Modification Trading System - 80% profitable trades

Forex Strategy Scalp Modification designed for scalping on all currency pairs and is a very simple and intuitive to use. According to the authors, subject to the rules of strategy brings to 80% profitable trades. Scalp Modification designed for all currency pairs on timeframes M1 and M5.

Characteristics of Scalp Modification

• Platform: Metatrader4
• Currency pairs: All
• Trading Time: Any
• Timeframe: M1 and M5
• Recommended broker: RoboForex, InstaForex, Forex4you

Used indicators:

• Fibo
• Pivot
• CCI
• RSI (Period 8 )
• Heiken_Ashi_Smoothed
• EJ_CandleTime
• DoublecciWoody with parameters: Trend CCI (170), Entry CCI (34):

Rules of long entry:

1. Trend CCI (170) crossed the zero line upwards; it is over and shows an upward trend
2. Entry CCI (34) crossed the zero line in the same direction and shows an upward trend
3. RSI indicator value is greater than 55
4. Heiken Ashi indicator changed color to blue

It is important to remember that perform at the entrance to the market value of the RSI indicator in the area of 45-55 risky. You should wait for the intersection of value 55 in the direction of trade.

Stop Loss in the strategy is fixed and amounts to 10 points.

Exit the long position if the following conditions:

1. Heiken Ashi indicator changed color to red
2. CCI (34) crossed the zero line downwards

Rules of short entry:

1. Trend CCI (170) crossed the zero line downwards, is under her and shows a downward trend.
2. Entry CCI (34) crossed the zero line in the same direction and shows a downward trend.
3. RSI indicator value is less than 45
4. Heiken Ashi indicator changed color to red.

Exit the short position if the following conditions:

1. Heiken Ashi indicator changed color to blue
2. CCI (34) crossed the zero line upwards

Do not open trades against the trend on the M5 timeframe. Should also be considered Fibo and Pivot levels as support and resistance levels when deciding whether to enter on the market.

In the archives Scalp_Modification.rar:

• ###Auto Pivot.mq4
• #SpudFibo.mq4
• DoublecciWoody.mq4
• EJ_CandleTime.mq4
• Heiken_Ashi_Smoothed.ex4
• Scalp Modification.tpl

Free Download Scalp Modification