Ask yourself: “What is a “forex scalping strategy?” Many traders criticize this subject, others are greatly interested in it, and only a minority of traders is indifferent. Why is a forex scalping strategy so attractive? Most likely people are interested because forex scalping trading is one of few ways of quick enrichment.
There are many published examples in trade history of these competitive accounts. Scalping forex is a large number of transactions during a short time interval; it is aggressive trading with enormous trading opportunities Moreover, for many traders forex scalping is the most acceptable and available existence on the market. It requires a relatively insignificant amount of funds and provides numerous opportunities. Not every trader can do nothing but wait over a long time: it is more exhausting than any risky trade.
Many successful traders believe that having good forex scalping strategy is a key factor to success. An experienced trader can develop his own forex scalping strategy for personal use based on his own experience and taking into account specificity of his character. There are different types of forex scalping strategies: for aggressive trade, less aggressive trade, secure trade, etc. Each trader assigns the level of risk personally. We believe you should enjoy the way you’re trading. Forex scalping trading includes trading techniques and money management methods. If you don’t have your own strategy you may want to use one the ready ones, and it will be effective too!
Forex SCALPING SYSTEM-Professional
Because many brokers expanded the spread on many currency pairs, we have concluded that the trading system working in the following way is needed:
a. It should work with several currency pairs, and not only with such popular for scalping pairs, as EUR/GBP or EUR/CHF;
b. The system shouldn't be susceptible to the spread.
We've developed the metatrader expert advisor MaltiTrade. The advisor works with the following currency pairs: EUR/USD, EUR/CHF, GBP/USD, USD/JPY. The advisor is not tied with concrete timeframe, but analyses timeframes m5, m15, m30, and h1 and opens orders irrespectively on all timeframes. The size of TakeProfit level is also different for different timeframes. I want to note once more that the advisor is not susceptible to the spread and was tested on the Alpari US broker, where the size of spread is increased. Such approach won't let the broker to consider the given system as the scalping one, and we hope that brokers won't unacceptably increase spreads, but will learn to live with the fact that the trader can be successful.The smart-money management system is also used in the given advisor. This system allows to diversify your portfolio using multi-timeframe and multicurrency trade. Weighting coefficients for each timeframe and currency pair are used in the system. In will allow to protect your capital more reliably.We plan to introduce the market volatility analysis system at a later stage. It will allow the advisor to trade 24 hours without time limits
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