scalping

Oct 17, 2023 at 22:15
329 Views
4 Replies
Member Since Mar 16, 2023   28 posts
Oct 17, 2023 at 22:15
What are the key indicators and timeframes most effective for scalping in the forex market, and how do you manage the rapid decision-making involved
Member Since Sep 29, 2023   3 posts
Oct 18, 2023 at 07:51
I could teach you how to do scalping
Member Since Dec 16, 2020   23 posts
Oct 18, 2023 at 10:50
NathanialChen posted:
What are the key indicators and timeframes most effective for scalping in the forex market, and how do you manage the rapid decision-making involved
For scalping, key indicators often include moving averages, RSI, and Stochastic Oscillator, on shorter timeframes like 1-minute or 5-minute charts. Rapid decision-making is managed through strict risk management, predefined entry/exit points, and quick reflexes, but it's not for the faint of heart!
Member Since Feb 12, 2016   57 posts
Oct 20, 2023 at 09:55
NathanialChen posted:
What are the key indicators and timeframes most effective for scalping in the forex market, and how do you manage the rapid decision-making involved
Most of the short-term, ruled-based trading such as scalping, can be coded without much difficulty. You can also add exit rules into it (based some cancellation scenario like counter-pattern, or simple stop loss and take profit in pip). What is important in this approach is that you get significant improvement in terms of speed of making decisions, also bot's don't get tired so the risk of mistakes is pretty low
Member Since Sep 30, 2023   18 posts
Dec 06, 2023 at 12:28
You need to sport the high snd zone , high volume
Thinkless
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