5 Minute Forex Scalping Robot With Parabolic SAR And MACD Candle Strategy Forex Robot

This 5 Minute Forex Scalping enabled Forex Robot can work on larger time-frames as well for swing trading or position trading. You would just need to remember to adjust profit targets if you switch to larger time-frames.

You need 3 indicators for this scalping robot:

  • 125 EMA
  • MACD Candles V3 Indicator
  • Parabolic SAR (0.02 step)

Buying Rules

  1. Price must be moving above the 125 EMA
  2. The MACD candle must be green.
  3. The Parabolic SAR dot must form below the price.
  4.  When the above three conditions are met the EA opens a Buy trade and places stop loss at X Pips Offset (1 pip default) below the parabolic SAR dot.
  5. Take profit is set by the EA at Y Pips (default  20  pips) or Risk:Reward of 1:2 (you can set the option for the EA to use)

Selling Rules

  1. Price must be moving below the 125 EMA
  2. The MACD candle must be red.
  3. The Parabolic SAR dot must form above the price.
  4.  When the above three conditions are met the EA opens a Sell trade and places stop loss  at X Pips Offset (1 pip default) below the parabolic SAR dot.
  5. Take profit is set by the EA at Y Pips (default  20  pips) or Risk:Reward of 1:2 (you can set the option for the EA to use)

This 5 Minute Forex Scalping Robot also use a Trailing Stop Feature which is unique to this Forex Robot only.

You can purchase this Robot here: https://gotrade4me.com/product/5-minute-forex-scalping-robot-with-parabolic-sar-and-macd-candle-indicator/

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4 COMMENTS

  1. If you’re not used to online currency trading or need to
    learn new forex trading strategies, you might like to consider purchasing a forex training course or subscribing to a transmission service.

    Some people might not still find it very user-friendly because with the detailed interface – Web-Based Platform – Pros:.

    Online trading has become popular one of the crowd inside a short time of time.

  2. As small as the deposit, you can find Market Makers out there that enable
    traders to be mixed up in forex with only $1 in their account.

    This should scream scam for you and hence you need to find out in case you must and observe to view what happens.
    If you find that a broker doesn’t seem to have time to suit your needs, then perhaps he doesn’t always
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  3. Options information – Determining the fair price of the Option that you will be buying is vital to extracting the quickest and
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  4. As an example a retail trader trading with an ECN brokerage may have his buy order filled by “Bank 1”, but close this same order with “Bank 2”.
    You can practice and experience in a mini or micro
    account, it is possible to apply all the regular strategies
    and you are able to still double your money (or lose everything), but while using the mini account will limit your lose
    to almost nothing. To succeed in dealing with the foreign exchange market,
    it is important to know precisely what business you happen to
    be in.

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