4.22/5 (348 votes)

It is common to see the price bounce off the Bollinger band when the price closes outside the upper or lower Bollinger band line. Using this fact, we can confirm with the stochastic to look for overbought and oversold zone. The risk to reward ratio on this strategy is not but has a high accuracy rate so it is advisable to trade at own discretion.

3.35/5 (377 votes)

The Adaptive Laguerre filter (ALF) is a variation on the Laguerre filter using a variable gamma factor, based on how well the filter is tracking a past lookback bars prices. Like other adaptive moving averages, it will track trending moves closely but will change less in range-bound markets. It's a pretty responsive RSI successor constructed using only 4 bars of data, but compared to the regular RSI it has way less noise (whipsaws) considering its fast reaction speed.

3.46/5 (210 votes)

This strategy can be used as a scalping method as well as for long term trades. It uses 24 ema to look for bouncing back of the price and enter the market with a buy limit order. It is not 100% accurate but it has consistently been profitable and anyone can adapt the strategy to his or her preference.

4.64/5 (369 votes)

This system has been tested for quite some time now, and has a very high probability rate of winning. The system is very simple and though it cannot guarantee massive profits, but we will get consistent returns. It utilizes dual time-frame momentum and EMA Crossovers on the 5 minute chart and the 30 minute chart.

4.33/5 (379 votes)

Economic news tends to be one of the most important catalysts for short-term movements in any market, but this is particularly true in the currency market, which responds not only to U.S. economic news, but also to news from around the world. So for those who choose to trade news, there are plenty of opportunities. Here we look at which economic news releases are released when, which are most relevant to forex (FX) traders, and how traders can act on this market-moving data.

4.30/5 (362 votes)

Heikin-Ashi is great for trading all currency pairs. It is a strong and reliable indicator for intraday trading and scalping with small time frames like 15min, 5min and even 1min. On the other hand, it is also perfect to ride the big and continuous trends in the big time frames like daily and 4 hours.

3.58/5 (375 votes)

The Val_Bands indicator provides a exit method for those who hate "losing those pips" which come with a great market move and then vanish immediately (or shortly after) on a reverse. When the price shoots (up or down), it creates an out of the range tall candlestick. Many traders know about this fact, but the main challenge is that when you look at the charts how do you tell when the candle is tall enough and when not. The solution came with this Val_Bands indicator that combines similar to Bollinger bands algorithm and Candle Length Volatility. The indicator also provides an entry method in which the indicator will show the active trend.

3.78/5 (346 votes)

This strategy involves the use of 3 candles with EMA 10 to scalp 10 pips on half of the open position and trail the rest of the half open position to grab as many pips as possible. This simple scalper trading method has been use for the past couple of months with consistent success but have to sit at the computer and watch for the trading to setup. We just need to grab a few pips a day, repeat and hold on to those trades, while building our trading account up to a serious amount. Trading does not have to be difficult, time consuming, complicated, and stressful in order to be profitable, rather, it should be simple, and consistently. In trading, as in many other things in life, complex isn’t always better, many times it is useful to keep things simple.

3.29/5 (203 votes)

This strategy allows us to find the best price to buy when the price is low and sell when the price is high. As it is a scalping method, hence the currency pair EURUSD with the lowest spread is recommended. As with any other strategy, there is no holy grail so one has to be careful during strong trending market as this strategy tends to work better during range-bound market.

4.30/5 (353 votes)

This strategy is very profitable and all it takes is just some practice. You will see its true value with a little bit of forward testing. The center of gravity indicator was created by Oan. The idea is based on Mostafa Belkhayate's system. Also the sweet spots indicator was taken from "Patrick Bourgeois" with his submission of "Trading by Psychological Levels". The center of gravity indicator helps us to look for the trend and the sweet spots indicator help us to enter and exit at the psychological levels.

4.05/5 (390 votes)

How do we know when the trend started ? Well, the answers awaits in the article below. Most of the day, there will be some trends. The success in trend catching is how accurate is the system itself. Another success is not to be greedy as greed is one of the worst enemy to us, and so we scalp the trend. This system is a 1:1 risk-reward ratio as we want to protect our capital and profit at the same time.

3.71/5 (203 votes)

This strategy was manly inspired from Guppy Moving Average and some other rainbows trading approach. In addition, there is another indicator called VolcanoWMA that provides the arrow and alert signal. The strategy determines the trend with the WMAs and enters the trending market using the VolcanoWMA indicator at the best timing.