Dema Scalping Strategy is a trend following forex trading system. It is an advanced level trading strategy which incorporates dozen of indicators. Dema Scalping strategy is a scalping forex trading system. It is very popular among the scalpers due to its accuracy and reliability. Dema Scalping Strategy is highly reliable. It generated awesome result when back testing and optimization was done. It is a scalping trend following forex trading system.
When you install Dema Scalping Strategy in your trading platform, your chart should look like this:
Although there are many indicators used in this system, we will use only three indicators here.
- Moving Averages
There are five moving averages used in this forex trading system. Rule is simple, you should buy when all these moving averages indicate bullish signal and you should sell when all these moving averages indicate bearish signal.
- Arrows
There are different arrows used in this system mainly blue and yellow. Blue arrows indicate buying signal while the yellow arrow indicate selling signal.
Before applying this forex trading system for trading you should learn the basic concepts of the market trend.
Buying Conditions Using Dema Scalping Strategy.
- Market should be going up.
- Market should be above all the moving averages.
- A blue arrow should appear below the market.
- CCI Filter indicator should be positive.
- Place your buy trade when above conditions are met.
- Place your stop loss below the recent swing low.
- Book your profit when you see a yellow arrow.
Selling Conditions Using Dema Scalping Strategy.
- Market should be going down.
- Market should be below all the moving averages.
- A yellow arrow should appear above the market.
- CCI Filter indicator should be negative.
- Place your sell trade when above conditions are met.
- Place your stop loss above the recent swing high.
- Book your profit when you see a blue
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