Shaff Scalping

Shaff Scalping is a forex trading system that is designed for the diehard scalpers. Shaff Scalping is a simple forex trading system which is suitable only for scalping in the forex market. The simplicity and the effectiveness of this forex trading system makes this scalping system stand above the rest. However, it is not only the system that makes you a successful trader. You should be able to follow the rules of the system very strictly. Only a disciplined trader can follow the every rules of the market. Since spreads plays major role in scalping, it is better to trade only the major pairs as they have lower spreads comparatively to other crosses. This forex trading scalping system is suitable for all levels of traders ranging from a newbie to the expert traders. The system consists of a single indicator on the main chart and two indicators in the two different indicator windows.
Except the Schaff Trend Cycle indicator, all the other indicators used in this system are popular indicators. Most importantly, they are easy to understand. When the Shaff Scalping system is correctly loaded on your trading platform, your chart should look like this:

• Parabolic SAR

Parabolic SAR is a very popular and simple technical indicator. It consists of dots that appear above and below the price chart. When the Parabolic SAR indicator appears above the chart, it’s a sell signal and when the Parabolic SAR appears below the price level, it’s a buy signal.

• Schaff Trend Cycle

Schaff Trend Cycle consists of an oscillator which changes its color to red and green. When the oscillator is green, it’s a buy signal and vice versa.

• MACD

MACD is a very popular technical indicator, if one is into the technical analysis, one doesn’t need any explanation of MACD indicator. There is histogram and two oscillators in the MACD of this system.

Buying Conditions Using Shaff Scalping System.

• Price should be above the Parabolic SAR
• Shaff Trend Cycle indicator should be green.
• MACD histogram should be in positive territory and the green oscillator of MACD should cross above the red oscillator.
• Place your long position as soon as above conditions are met.
• Place your stop loss just below the recent swing low.
• Take your profit when a parabolic SAR indicator appears above the price chart.

Selling Conditions Using Shaff Scalping System

• Price should be below the Parabolic SAR
• Shaff Trend Cycle indicator should be red.
• MACD histogram should be in negative territory and the green oscillator of MACD should cross below the red oscillator.
• Place your short position as soon as above conditions are met.
• Place your stop loss just above the recent swing high.
• Take your profit when a parabolic SAR indicator appears below the price chart.

Open demo account to test this system.

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