The Uranus Scalping system is a short term forex trading system. The name of the system makes clear that this system is used for scalping. Scalping is a very short term trading. Scalper’s positions may last from few seconds to few minutes. Scalping is for the adventurous people as it thrills you. Scalping is exciting and fast. Everything happens so fast when you are scalping. But scalping isn’t everyone’s cup of tea. Some people don’t like to involve in such thrills when they trade and they become swing trader, position traders, etc.
The Uranus Scalping consists of only two technical indicators. The buy/sell decision will be made solely based on the signals provided by these two technical indicators. When the Uranus Scalping system is correctly loaded on your trading platform, your chart should look like this:
- 3rd candle
The 3rd candle is a custom designed technical tool. It is the main signal generator indicator of the Uranus Scalping forex trading system. It consists of blue and red arrows that appear above and below the market levels. When you see a blue arrow below the market level, pointing upward, it’s a buy signal. And conversely, when you see a red arrow above the market level pointing downward, it’s a sell signal.
- FVT Signal
The FVT Signal consists of blue and golden histograms. This indicator works as a confirmation indicator in Uranus Scalping forex trading system. You should be selling when you see golden histograms and you should be buying when you see blue histograms.
Buying Conditions Using Uranus Scalping system.
- The 3rd candle (a blue arrow) indicator should appear below the market level.
- The color of the histogram should be blue.
- 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 the 3rd candle (a red arrow) appears above the market level.
Selling Conditions Using Uranus Scalping.
- The 3rd candle (a red arrow) indicator should appear above the market level.
- The color of the histogram should be golden.
- 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 the 3rd candle (a blue arrow) appears below the market level.
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