Scalping System with I-Gentor LSMA and EMA For MT4

Scalping System with I-Gentor LSMA and EMA For MT4

The Scalping System with I-Gentor LSMA and EMA For MT4 , as the name suggests is an intraday scalping strategy. This trading system makes use of the custom indicators in order to provide the trader with short term trading levels. There are just three indicators that are in use in the scalping system with i gentor LSMA and EMA forex trading strategy.

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The FT PVD indicator is responsible for plotting the support and resistance levels on the price chart. This indiator plots the rectangle boxes on the price chart where it also represents potential areas of consolidation. Although the levels are not entirely accurate, they give the trader a rough estimate of the price levels where there is extreme consolidation and where these levels could act as support and resistance points as well.

The scalping system with i gentor LSMA and EMA forex trading strategy also makes use of the daily pivot indicator. As the name suggests, the daily pivot indicator plots the daily pivot points on the intraday charts. These pivot points are to be used as potential entry and take profit levels.

Finally, we have the i gentor LSMA and EMA oscillator. This oscillator resides in the sub window of the scalping system with i gentor LSMA and EMA forex trading strategy. The indicator plots red and green lines. When the trend is down, you will see that the lower end of the indicator plots a red line.

While on the top end of the oscillator you will see the colors fluctuating. These indicate the short term reversals that we see within a larger trend. When you utilize the information from the scalping system with i gentor LSMA and EMA forex trading strategy, you will be able to trade or scalp the forex markets in the very short term.

The scalping system with i gentor LSMA and EMA forex trading strategy is ideal on a 15 minute price chart or lower. However, if your spreads are too wide, we recommend sticking to the 15 minute or the 30 minute price chart. This will allow you some flexibility.

Because the scalping system with i gentor LSMA and EMA forex trading strategy uses the daily pivot levels, the maximum time frame you can use this trading system is the one hour chart. But here, you will notice the stops and entry levels to be rather tight. As a result we recommend that you use the scalping system with i gentor LSMA and EMA forex trading strategy only on the major forex currency pairs. This is because the spreads are rather tight and it allows you to easily scalp the intraday charts.

scalping system with i gentor LSMA and EMA forex trading strategy – Long positions





You can take a long position in the market by looking at how price is reacting to the support and resistance levels. Ideally, we want price to be trading above the resistance level. Once you see that price is rising above the resistance level or is testing a support level, look to the I gentor oscillator.

We now need to see the lower end of this oscillator staying green. This indicates that the broader trend is an uptrend. Finally, wait for the upper line to turn from red to green, or go long if the upper line is already green.

Use the daily pivot levels that you see on the price chart as the potential target levels. You can split your position to target at least two pivot levels. This will ensure that you are able to maximize your profits. Make sure that your stop loss is set to just below the resistance or support level box, below.

Traders can also make use of other means to further validate their bias. For example, it is ideal if the support or resistance level forms at or close to one of the pivot points. This will mean that the price level is rather strong. Once price moves a few pips in your favor, you should immediately move the stop loss to break even.

Scalping system with i gentor LSMA and EMA forex trading strategy – Short positions




You can take a short position in the market by looking at how price is reacting to the support and resistance levels. Ideally, we want price to be trading below the resistance or support level. Once you see that price is falling below the support level or is testing a resistance level, look to the I gentor oscillator.

We now need to see the lower end of this oscillator staying red. This indicates that the broader trend is in a downtrend. Finally, wait for the upper line to turn from green to red, or go short if the upper line is already red.

Use the daily pivot levels that you see on the price chart as the potential target levels. You can split your position to target at least two pivot levels. This will ensure that you are able to maximize your profits. Make sure that your stop loss is set to just above the resistance or support level box, above.

Traders can also make use of other means to further validate their bias. For example, it is ideal if the support or resistance level forms at or close to one of the pivot points. This will mean that the price level is rather strong. Once price moves a few pips in your favor, you should immediately move the stop loss to break even.

Is the scalping system with i gentor LSMA and EMA forex trading strategy good for you?


The scalping system with i gentor LSMA and EMA forex trading strategy is a relatively simple and easy to use trading system. The trading rules are straight forward, making this a good trading strategy even for beginners.

Due to the fact that the scalping system with i gentor LSMA and EMA forex trading strategy can be used only on intraday charts, this might be out of reach for swing traders or long term traders. But having said that, the scalping system with i gentor LSMA and EMA forex trading strategy is quite a robust trading system to use.

Download the complete system description and the files here:

FREE Scalping System with I-Gentor LSMA and EMA

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