Super scalping with Martingale is a forex trading system. It is a very simple forex trading system and it is a trend following forex trading system. Super Scalping with Martingale is heavily depended on moving averages. Super Scalping with Martingale is very flexible forex trading system. It can be used to trade any timeframe and you can choose any currency pair to trade.Super scalping with Martingale forex trading system is so easy to trade that anyone can start it and learn to use it within a very short period of time.
When you install Super Scalping with Martingale forex trading system in your trading platform, your chart should look like this:
There are only four technical indicators used in this forex trading system. Let’s go through them.
- Moving Averages
There are two moving averages used here; 144 SMA and 35 SMA. Green one is a 144 SMA and red is a 35 SMA. These two moving averages allow you to know the trend of the market. when the red moving average is above the green, it is a bullish signal and when red moving average is below green, it is a bearish signal.
- Super Scalper
Super Scalper is a customized moving average indicator. It turns blue when the market trend upward and it turns yellow when the market is bearish. While the above moving averages help you identify the trend of the market, this indicator helps you to enter and exit from the market.
Buying conditions Using Super Scalping with Martingale.
- Market should be up trending.
- Red moving average should be above the green moving average.
- The super scalping indicator should be blue.
- Place your long position when above conditions are met.
- Place your stop loss below the recent support.
- Book your profits when super scalping indicator turns yellow.
Selling Conditions Using Super Scalping with Martingale.
- Market should be down trending.
- Red moving average should be below the green moving average.
- The super scalping indicator should be yellow.
- Place short long positions when above conditions are met.
- Place your stop loss above the recent resistance.
- Book your profits when super scalping indicator turns blue.
Download Free Forex Super Scalping with Martingale Strategy
Our community traders work with XM.com brokerage company. If you are thinking to open demo or real forex trading account we recommend XM. They currently offer up to 5000$ bonus on your deposit find details below: