Forex Scalping

[janchuks101]

Hi,
Could someone please share some information on scalping , e.g. what kind of indicators you use, currency pairs? or maybe you kind help with some useful links or someone could share his/her strategie?
I am thinking on a few strategies myself, but at first i want to code and back-test them.

[finvik]

I have already explained About forex scalping before in the previous thread but for you i am explaining it again.
Forex scalping is in high demand nowadays. Many forex brokers frown upon scalpers, but not us. We are always looking for talented scalpers.True scalping involves opening and closing a position in seconds or minutes at most. Even though scalping involves the use of leverage and higher leverage means higher risk, the short period of time a forex scalper is in a trade decreases the exposure risk that's inherent in trading or investing due to the holding of a position. If done correctly, scalping provides this additional degree of "risk control" that is not even present in day trading.
Scalpers use all sorts of platforms to scalp currencies, but probably one of the most common is MetaTrader 4 (a.k.a., MT4). MT4 is made by a Russian company and has become sort of the "de facto standard" among many forex day traders. The problem in using MT4 for scalping has nothing to do with the platform itself, but with the unscrupulous brokers that license the software and offer it to their clients (see the explanation earlier on brokers that trade against their customers).
For MT4 to be used in scalping the forex market without any limitations or restrictions, an ECN-type feed must be used or a multi-liquidity provider feed such as Currenex or HotSpotFxi. Currently, there are a few firms that are working on such a project to be able to accommodate extreme forex day trading or scalping.

[janchuks101]

Originally Posted by finvik

I have already explained About forex scalping before in the previous thread but for you i am explaining it again.
Forex scalping is in high demand nowadays. Many forex brokers frown upon scalpers, but not us. We are always looking for talented scalpers.True scalping involves opening and closing a position in seconds or minutes at most. Even though scalping involves the use of leverage and higher leverage means higher risk, the short period of time a forex scalper is in a trade decreases the exposure risk that's inherent in trading or investing due to the holding of a position. If done correctly, scalping provides this additional degree of "risk control" that is not even present in day trading.
Scalpers use all sorts of platforms to scalp currencies, but probably one of the most common is MetaTrader 4 (a.k.a., MT4). MT4 is made by a Russian company and has become sort of the "de facto standard" among many forex day traders. The problem in using MT4 for scalping has nothing to do with the platform itself, but with the unscrupulous brokers that license the software and offer it to their clients (see the explanation earlier on brokers that trade against their customers).
For MT4 to be used in scalping the forex market without any limitations or restrictions, an ECN-type feed must be used or a multi-liquidity provider feed such as Currenex or HotSpotFxi. Currently, there are a few firms that are working on such a project to be able to accommodate extreme forex day trading or scalping.

I wasn't asking what scalping is , I wanted someone who is a scalper to maybe share some ideas on how to build a scalping srategie, what indicators to use and so on..

[ferdin]

,
gbpgpi
,
persi
,
1 m
,
THV

[janchuks101]

Originally Posted by ferdin

,
gbpgpi
,
persi
,
1 m
,
THV

Thank You a LOT

[ferdin]

Forex Scalping Systems | Forex strategies revealed
всем профита, респект

[Edward]

My name is Edward Ademo. I am pleased to be a member of this forum. I love
Expert Advisors. And I believe I will be a member of this forum for a long time.

[finvik]

Originally Posted by janchuks101

I wasn't asking what scalping is , I wanted someone who is a scalper to maybe share some ideas on how to build a scalping srategie, what indicators to use and so on..

Yes i know some of the things i have already explained about indicators there are so many indicators which are as follows :
Moving Average Indicators
Volume Based Indicators
Volatility Indicators
Ranging Indicators / Oscillators

[Reealjrd]

I just want to discuss about the Urban Tower Scalping Strategy..
Got this definition-
"During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high."