10 PIPS aggressive scalping FOREX strategy

This forex strategy is looking for a profit of 10 pips, multiple times per day. It is aggressive and follows the trend. The rules are clear and simple. Suitable both for beginners and advanced traders. It is best to be used in main currency pairs. Trailstop is used to protect the entry according to market conditions. Free robot is available to test and optimise it. 

 

Used tools and indicators:

  • Alligator indicator: 130,80,50

  • Sar indicator: default

  • Trailing stop: placed according to SAR indicator, with extra distance of 10 - 40 pips

  • Take profit: 10 pips 

Rules: 

 

BUY

 Get FREE MT4 Expert Advisor trading this forex strategy 

 

  1. All alligator lines aligned according to uptrend (slowest at the bottom fastest at the top). 

  2. Price closing above SAR dot with clearly bullish candle. 

  3. We enter the trade on new candle open.

  4. Trailing stop must be placed at last closed SAR dot

  5. Take profit: 10 pips


SELL

 

  1. All alligator lines aligned according to downtrend (slowest at the top fastest at the bottom). 

  2. Price closing below SAR dot with clearly bearish candle. 

  3. We enter the trade on new candle open.

  4. Trailing stop must be placed at last closed SAR dot

  5. Take profit: 10 pips


 

Please reload

ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com