Scalping strategy "Puria method"
Scalping strategy "Puria method" - this trading system will allow you to earn at least 50 pips per day.
Marketplace: Forex;
Currency pairs: AUDJPY, NZDUSD, USDCAD, EURGBP, USDJPY, GBPUSD, USDCHF, EURCHF, AUDUSD, EURJPY, CHFJPY, CADJPY, EURUSD;
Trading Indicators: SMA, EMA, MACD;
Trading strategy: Pips;
Timeframes: M30 and H1;
Protective orders: StopLoss, TakeProfit.
To begin with, I will tell you which currency pairs to trade, on what price chart and when to close the profit. TakeProfit is not that greatI think it's better to take a little bit every day, and in the end you will have a good profit in a month. And the profit should be taken, because if you do not do this, then the market will take away your deposit, and believe me, it's much worse ... So, I propose to use the following currency pairs in this scalping strategy "Puria method" (The deal should be closed when the profit reaches the specified number of points):
– AUDJPY - M30 timeframe - 15 pips
– USDJPY - M30 timeframe - 15 pips
– GBPUSD - M30 timeframe - 20 pips
– USDCHF - M30 timeframe - 10 pips
– AUDUSD – timeframe M30 - 10 points
– EURJPY - M30 timeframe - 15 pips
– CADJPY - M30 timeframe - 20 pips
– EURUSD - M30 timeframe - 15 pips
– NZDUSD - H1 timeframe - 25 pips
– USDCAD - H1 timeframe - 20 pips
– EURGBP - H1 timeframe - 10 pips
– EURCHF - H1 timeframe - 15 pips
– CHFJPY - H1 timeframe - 15 pips
Conditions for making trades on the "Puria Method" pipsing strategy
Set the Moving Averages on an hourly (H1) or half-hourly (M30) timeframe - depending on the conditions above:
1. Moving Average: MA Period - 85, MA Method - Linear Weighted, apply to Low, muving color - red.
2. Moving Average: MA Period - 75, MA Method - Linear Weighted, apply to Low, muving color - red.
3. Moving Average: Period MA - 5, Method MA - Exponential, apply to Close, the color of the muving is yellow.
We also install MACD indicator with the following parameters: Fast EMA 15, Slow EMA 26, MACD SMA 1.
All of these indicators are standard in Metatrader 4 trading terminal. It is also recommended for this strategy to choose a dealing center with a smaller allowable step back from the price.
Conclusion of a sale transaction (Sell):
Open a sell trade as soon as the yellow moving average crosses two red moving averages from top to bottom and there is a confirmation from the MACD indicator (one bar has closed below zero level).
Conclusion of a deal to buy (Buy):
Open a buy trade as soon as the yellow moving average crosses two red SMAs from bottom to top and a confirmation is received from the MACD indicator (one bar has closed above zero level)
Stop Loss we put a maximum of 14 pips, although closing the deal at a stop loss happens very rarely.
Closing the deal at Take Profit - depending on the selected currency pair. The conditions are described above.