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Scalp Modification Trading System - 80% profitable trades

Published: 05.10.2014
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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
Used indicators:
  • Fibo
  • Pivot
  • CCI
  • RSI (Period 8 )
  • Heiken_Ashi_Smoothed
  • EJ_CandleTime
  • DoublecciWoody with parameters: Trend CCI (170), Entry CCI (34):

scalp-modification-indicators

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

scalp-modification-buy

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.

scalp-modification-sell

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

Author:
Daniel
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Comments:
  • ray
    Published: 04.02.2015 Reply to the message

    working very well Daniel, thank you for this one 7 trades so far and seven winners

    • Bob
      Published: 21.10.2016 Reply to the message

      I have problem with the instalation, It seems that Heiken_Ashi_Smoothed.ex4 and EJ_CandleTime.mq4 are not working. Any explanation how to use this indicator?

  • nkosikhona
    Published: 02.05.2015 Reply to the message

    Hi Daniel i am trying to down but my windows is not allowing , can you please email them to me

  • Steve
    Published: 27.05.2015 Reply to the message

    Do you know if any of these repaint?

  • Irwan
    Published: 18.11.2015 Reply to the message

    Thank you very much Mr. Daniel to share this trading system. It is very good system and it very helpfull for me as a newbie trader.

  • heiko
    Published: 23.05.2016 Reply to the message

    die Datei EJ_CandleTime wir im Indicatorfenster im Chart nicht angezeigt...????

  • WildEagle
    Published: 12.04.2019 Reply to the message

    Very safe strategy. I think ican be used for Binary Options with 30 minutes expiry

  • alex
    Published: 13.06.2019 Reply to the message

    Could someone clarify. the exit rules state exit on change of HA and when CCI 34 crosses zero line, but both examples show the exit only when the CCI Trend 170 and CCI 34(yellow line) cross zero line. If it was just as described the cci 34 then there would of been much earlier exits.
    Please clarify as I'd like to try the system as it is meant to be traded.
    Thanks *CRAZY*

  • Klarenxe
    Published: 02.07.2019 Reply to the message

    why does the files says (.rar) at the end Is that the reason the indicators doesnt appear on MT4 Charts ?

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