forex strategies for scalping
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Forex Scalping Strategies
1. The 1-Minute Scalping Strategy
- This strategy is designed for the 1-minute time frame.
- It uses a simple moving average (SMA) with a period of 20.
- When the price crosses above the SMA, you buy.
- When the price crosses below the SMA, you sell.
- You can use a stop loss of 10 pips and a take profit of 20 pips.
2. The 5-Minute Scalping Strategy
- This strategy is designed for the 5-minute time frame.
- It uses a stochastic oscillator with a period of 14 and a smoothing period of 3.
- When the stochastic oscillator crosses above 80, you buy.
- When the stochastic oscillator crosses below 20, you sell.
- You can use a stop loss of 15 pips and a take profit of 30 pips.
3. The 15-Minute Scalping Strategy
- This strategy is designed for the 15-minute time frame.
- It uses a Bollinger Band with a period of 20 and a standard deviation of 2.
- When the price crosses above the upper Bollinger Band, you buy.
- When the price crosses below the lower Bollinger Band, you sell.
- You can use a stop loss of 20 pips and a take profit of 40 pips.
4. The 30-Minute Scalping Strategy
- This strategy is designed for the 30-minute time frame.
- It uses a moving average convergence divergence (MACD) indicator with a period of 12, a signal line period of 26, and a MACD histogram period of 9.
- When the MACD line crosses above the signal line, you buy.
- When the MACD line crosses below the signal line, you sell.
- You can use a stop loss of 25 pips and a take profit of 50 pips.
5. The 1-Hour Scalping Strategy
- This strategy is designed for the 1-hour time frame.
- It uses a parabolic stop and reverse (SAR) indicator with a step size of 0.02.
- When the SAR indicator is below the price, you buy.
- When the SAR indicator is above the price, you sell.
- You can use a stop loss of 30 pips and a take profit of 60 pips.
6. The 4-Hour Scalping Strategy
- This strategy is designed for the 4-hour time frame.
- It uses a Fibonacci retracement with levels of 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
- When the price retraces to a Fibonacci level and then reverses, you trade in the direction of the reversal.
- You can use a stop loss of 40 pips and a take profit of 80 pips.
7. The Daily Scalping Strategy
- This strategy is designed for the daily time frame.
- It uses a support and resistance indicator.
- When the price breaks above a resistance level, you buy.
- When the price breaks below a support level, you sell.
- You can use a stop loss of 50 pips and a take profit of 100 pips.
8. The Weekly Scalping Strategy
- This strategy is designed for the weekly time frame.
- It uses a moving average with a period of 200.
- When the price crosses above the moving average, you buy.
- When the price crosses below the moving average, you sell.
- You can use a stop loss of 60 pips and a take profit of 120 pips.
9. The Monthly Scalping Strategy
- This strategy is designed for the monthly time frame.
- It uses a Bollinger Band with a period of 200 and a standard deviation of 2.
- When the price crosses above the upper Bollinger Band, you buy.
- When the price crosses below the lower Bollinger Band, you sell.
- You can use a stop loss of 70 pips and a take profit of 140 pips.
10. The Quarterly Scalping Strategy
- This strategy is designed for the quarterly time frame.
- It uses a moving average with a period of 400.
- When the price crosses above the moving average, you buy.
- When the price crosses below the moving average, you sell.
- You can use a stop loss of 80 pips and a take profit of 160 pips.
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