Rockwell Scalping System For MT4

Rockwell Scalping System For MT4

Table Of Contents:

  1. Rockwell Scalping System For MT4
  2. The Rockwell scalping system for forex – Long positions
  3. The Rockwell scalping system for forex – Short positions
  4. Is Rockwell scalping system for forex good for you?


Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.


The Rockwell Scalping System For MT4 is a rather simple trading system that can work on any chart time frame of your choice. There are just two indicators that are used in the Rockwell scalping system for forex. The first is of course, the very obvious Heiken Ashi candlesticks.

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As you might know, the Heiken Ashi candlesticks are useful for depicting the price trends. But trading merely based off the Heiken Ashi candlestick system has not proven to be that efficient. You also need additional indicators that can confirm the validity of the trend direction given by the Heiken Ashi candlesticks.

We then have the Delta trend indicator. The Delta trend indicator is responsible for plotting the up and down arrows on the price chart. You will notice that at times you will get multiple signals. But at the same time, these signals can be misleading.

Therefore, you should not entirely rely your trading strategy based off just the up and down arrows from the Delta trend indicator. Looking at the template, it is clear that the Rockwell scalping system for forex is rather incomplete. However, in this article, we will outline the basic rules of trading with the Rockwell scalping system for forex.

It is up to the reader to understand whether they would want to use this trading system or not. Understandably, due to the fact that there are just two indicators in the Rockwell scalping system for forex, the template that comes with this trading strategy is very light weight.

You can therefore use the template from the Rockwell scalping system for forex on multiple charts simultaneously. It will in no way slow down the performance of your trading strategy. Also, given the fact that the Rockwell scalping system for forex can be used on any chart time frame, the risk to reward can also change quite considerably. So, trader's discretion is of utmost important when using the Rockwell scalping system for forex.

Using the basic rules outlined in the Rockwell scalping system for forex, traders can then customize this trading system simply by applying other indicators that can bring more meaning to this trading system. This means that traders need to first focus on the important indicators that might be lacking.

Based on the indicators that you apply to the Rockwell scalping system for forex, you can then either use this as a short term scaling strategy or you can also use the Rockwell scalping system for forex as a long term swing trading system as well.

Let’s now take a look at how you can trade long and short positions using the Rockwell scalping system for forex.

The Rockwell scalping system for forex – Long positions




For long positions using the Rockwell scalping system for forex, we look for the trend to be up. This happens when you see firstly, the price sloping upwards. Secondly, the up trend is now depicted with the white candlesticks from the Heiken Ashi candlesticks indicator.

After determining that the trend is up, the next step is to wait for the Delta trend indicator to plot an up arrow. The arrow is plotted below the price. Notice that sometimes, the up arrow signal can come in much later. Therefore, you need to be a bit flexible on when to take a position.

After the up or bullish arrow is plotted, take a long position at market and set your stop loss to the low, two candlesticks previously. You can remain in the trend and close your position if you see an opposite bearish Heiken Ashi candlestick.

The Rockwell scalping system for forex – Short positions




For short positions using the Rockwell scalping system for forex, we look for the trend to be down. This happens when you see firstly, the price sloping lower. Secondly, the downtrend is now depicted with the red candlesticks from the Heiken Ashi candlesticks indicator.

After determining that the trend is down, the next step is to wait for the Delta trend indicator to plot a down arrow. The arrow is plotted above the price. Notice that sometimes, the down arrow signal can come in much later. Therefore, you need to be a bit flexible on when to take a position.

After the down arrow is plotted, take a short position at market and set your stop loss to the high, two candlesticks previously. You can remain in the trend and close your position if you see an opposite bullish Heiken Ashi candlestick.

Is Rockwell scalping system for forex good for you?


In conclusion, the Rockwell scalping system for forex is not quite recommended to trade in itself. The lack of technical indicators makes it a blind shot and you will be prone to wrong trading signals quite constantly. This means that the success of trading with the Rockwell scalping system for forex basically comes down to how many winning trades you can make.

Beginners should definitely avoid trading with the Rockwell scalping system for forex for mere fact that you cannot make much money in forex by trading based on up and down arrows. While the Heiken Ashi candlesticks offer some kind of help in terms of depicting the trends, this alone is not enough. Therefore, we recommend that traders should experiment with the Rockwell scalping system for forex by adding other technical indicators. Most importantly, using trend indicators and oscillators might help to a certain extent. If you feel adventurous enough, you could also make use of the pivot levels as the take profit levels for your trades.

The template that comes with the Rockwell scalping system for forex is obviously lightweight for the fact that there are not many indicators in use.

There is also no constraint on the time frame. So swing traders can also give the Rockwell scalping system for forex a shot and see if it works out. All in all, the Rockwell scalping system for forex comes across as an incomplete forex trading system that could certainly do with a bit more work. So, if you have the choice to avoid using the Rockwell scalping system for forex, then give it a miss.

Download the complete system description and the files here:

FREE Rockwell Scalping System

Download the FREE Rockwell Scalping System for MT4.

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