Sekar Forex Scalping Strategy

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Sekar Forex Scalping Strategy

Sekar is a scalping strategy That work on a 5 minute timeframe and is applicable to EURUSD.  It also uses moving averages. Indicators needed are listed below.

  • Fractals
  • DeMaker (8)
  • Envelopes (15); (MA Method LW)
  • SMA 15 High; SMA 15 Low:

Long Entry:

  • The candle must close below the enveloped.
  • Demak must be in oversold condition.
  • Fractal must form then go long at the opening of 3° candle after the arrows.

Short Entry:

  • The candle must close above envelopes.
  • Demak must be in overbought condition.
  • Fractal must form then go short at the opening of the 3° candle candle after the arrows.

Profit Target must be 5 pips and set stop loss 1 pip below previous swing.

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