Turbo Scalping – classic forex strategy
Turbo Scalping is a classic forex strategy, built on a combination of the oscillator Hull master MA and the trend-following indicator Stoch Crossing. Among other things, the strategy has additional filters and support / resistance levels that help the trader to determine the entry point and correctly set Take Profit and Stop Loss. Thus, we have a completely autonomous trading system, which is also quite simple to use and not overloaded with unnecessary indicators. Turbo Scalping Forex Strategy is well balanced and will be understood even by novice traders.
Characteristics of the Turbo Scalping
- Platform: Metatrader4
- Currency pairs: Major
- Trading Time: London and New York trading sessions
- Timeframe: M15-H1
- Recommended broker: Alpari, Forex4you, RoboForex
The rules of trading are very simple. We only need the coincidence of the signals of the two indicators.
- Hull master MA is green
- A green up arrow appears from the Stoch Crossing indicator:
- Hull master MA is red
- A red down arrow appears from the Stoch Crossing indicator
Stop Loss should be set above/below the previous local maximum/minimum or at the support/resistance level from the PivotsD indicator, as shown in the image above.
Take Profit should be set at a ratio of 11:1 with Stop Loss (in my opinion, this is a bit too much). It would be better to use for this all the same Pivot levels from the PivotsD indicator.
In the end, we can say that this system is a worthy forex strategy that can bring profit. But as any trend system is not without its drawbacks. Therefore, be sure to make sure that you have mastered trading with Turbo Scalping strategy on a demo account.
In the archive Turbo_Scalping.rar (224.0 KB):
- Arrow with Alert.ex4
- Hull master MA.ex4
- Hull master MA.mq4
- PivotsD_v5 (Black).ex4
- Turbo Scalping.tpl
Free Download Turbo Scalping