Sekar Forex Scalping Strategy For MT4

Sekar Forex Scalping Strategy For MT4

The Sekar Forex Scalping Strategy For MT4 is made solely for trading one particular currency pair - EURUSD. You may argue that this may not be good however, having a strategy that applies to one trading pair can be advantageous to you if done correctly.

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You see, trading EURUSD has its pros because it has more volume than any other trading pair and furthermore it has a lower pip spread and lastly this is a scalping strategy. So being a scalping strategy means that the trading moments or opportunities (rather) shall be availed to you in abundance. Before we proceed further, always ensure that your chart - for this strategy - is configured to the five-minute time frame.

There are only four candles which make up this Sekar scalping strategy. The first one is a Fractals indicator, then there is a DeMarker indicator along with a 15-period Envelopes indicator. Two SImple moving average trading tools are also incorporated into this scalping system. They are configured to have a period of 15 for both high and low settings - thus forming an SMA channel in your trading screens.

Long entries are governed under the following rules - first off, you need to wait for the candle to close just below the envelopes indicator. Secondly, the demark should be in a zone known as overbought. Thirdly, there must be a fractal that forms - then wait for the first candle which forms soon after the arrows. You can close your buy trade the moment your trade gains 5 pips. Whereas your SL will be positioned 1 pip right below the recent swing low.

Short entries are governed by the following rules - first off, you need to wait for the candle to close just above the envelops indicator. Secondly, the demark should be in a zone known as oversold. Thirdly, there must be a fractal that forms - then wait for the first candle which forms soon after the arrows to open a sell. You must close your sell trade the moment your trade gains 5 pips. Whereas your SL will be positioned 1 pip right above the recent swing high.

Download the complete system description and the files here:

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