BuyBer.com

Here is a little indicator that might come in handy in your scalping journey. It can be used as a buy indicator or as a sell indicator. When we have 2 candles which has closed and the indicator closed in 2 consecutive green bars, it means the indicator is giving us a buy signal and when 2 candles has closed and the indicator has drawn 2 consecutive red bars for these candles, then it means that the indicator is giving us a sell signal.

As you can see in the screenshot above, the piece of code can be used as a buy and sell indicator. However, I suggests you do not use it stand alone and you experiment with it along with other indicators you might like. If you come up with anything useful, do let me know about it. After you download the indicator, place it in the metatrader indicator folder and you will be good to go. Good luck.

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Forex Scalping using FapTurbo Robot

Forex scalping is the hottest techniques for Forex trading . In scalper trading, trades are performed much faster than other styles of trading and profit is often made from even relatively small fluctuations in currency prices.

The central reason traders trade via scalping is often due to the fast rate at which profits can be built up with this method . Not only that but market fluctuations are far less likely to cause a large differential in the buy and sell prices.

Other methods of trading such as fundamental and technical analysis rely on studying trends and predicting movements based on recent performance or current news. Forex scalping frequently results a much quickerturn of events and traders using this strategy are simply looking for many small movements in prices in any trading day.

There are stacks of supposed expert advisors in the market place that just dont measure up to trader expectations, consistent profits. This can even be the case with certain Expert Advisors costing from $300 to $1000!.

A recent entry in the Forex scalping robot space is FAP turbo which integrates a scalping mode. Due to its consistant performance as a scalping robot it has rapidly become very popular among forex traders.

The FAP Scalper setting is very sound. It has an inner fixed stop loss and extremely accurate trading signals, risk level and drawdowns are very low.

The FAP turbo Scalping configuration is also very profitable. In spite of the relatively low profit take value, the scalper mode is extremely profitable. You can often double your account in a matter of weeks, even using the most prudent settings of the program.

A video showing the forex scalping tutorial of USD/CHF pair…

Kevin Ho, floor trader, reveals his six favourite high probability scalping setups with tight risk rules.

3 categories of scalp trades

These timing methods come under 3 classifications:

1) Time-sensitive trades
This comes in 2 forms:
In opening range breakouts, where a quick scalp is taken minutes after the open, in the direction of any market thrust.
Trading to capitalise on the regular market turnaround times like 10am & 3 pm NewYork time.
2) Countertrend trades
Where trades are taken in known periods of trendlessness during the trading day.
3) Trend continuation trades
These methods focus on entering the market in the direction of a trend AFTER the trend has gone underway. They are also classified as retracement trades. The Ultimate market for these scalping methods

Download ebook HERE

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Download;
www.4shared.com/file/56714711/be9e2026/scalping_gjpy1min.html

Video showing how 3SMA system by http://www.hectortrader.com/ can be applied for scalping the market..

Simple Method of Scalping any pair on 5 min chart..