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What indicator you use for scalping?
Feb 12, 2017 at 07:47
I don’t use any indicator or EA to scalp. I would rather stick to my Price Action trading as I don’t know what algorithm they used, how good they were and lot more.
I think scalper should more focused on their Broker. Low spread, lower the slippage is much better during news. You really should find if your broker allows scalping before creating account. My broker (Hanseatic Broker) has no problem with scalping.
I think scalper should more focused on their Broker. Low spread, lower the slippage is much better during news. You really should find if your broker allows scalping before creating account. My broker (Hanseatic Broker) has no problem with scalping.
Helping new traders
Mitglied seit Sep 12, 2015
1933 Posts
Feb 12, 2017 at 18:18
janettte posted:
So guys, you don't think it's really necessary and useful to use indicators for scalping, right?
Binary options demo is actually a good learning tool for scalping, most indicators are to slow and false signals, although BB can help somewhat , L2 and DMA is a bonus.
"They mistook leverage with genius".
Mitglied seit Feb 22, 2011
4573 Posts
Feb 13, 2017 at 08:06
janettte posted:
So guys, you don't think it's really necessary and useful to use indicators for scalping, right?
For scalping you need robot
to execute trades fast.
Mitglied seit Dec 11, 2015
1462 Posts
Jun 13, 2017 at 11:56
Some scalpers use just pure price action without any indicators. So that is one possibility.
Mitglied seit Feb 03, 2017
30 Posts
Jun 15, 2017 at 05:52
Meditate and pray for scalping.
Do it at your own risk.
😇
Do it at your own risk.
😇
Don't panic over drawdown, instead manage it !!
Mitglied seit Apr 17, 2017
5 Posts
Jun 15, 2017 at 10:11
Scalping is risky. You need super low spreads from your broker to make it work
Mitglied seit Dec 11, 2015
1462 Posts
Jun 16, 2017 at 10:47
Barrowness posted:
Scalping is risky. You need super low spreads from your broker to make it work
Very low spreads, instant order execution, no requotes, etc.etc. The conditions have to be right or you'll just lose money.
Mitglied seit Jan 05, 2016
1097 Posts
Jun 18, 2017 at 07:15
If you want to make money scalping the markets with HFT (high frequency trading), then you most certainly are going to want a fully automated system. My suggestion is to build a custom solution tailored to your own specific needs. There is no single indicator alone which will work for you, it also requires a good deal of experience, and a solid trading strategy.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Mitglied seit Dec 11, 2015
1462 Posts
Jun 18, 2017 at 12:11
danas76 posted:
Me broker offer low spreads, no requotes, execution market ( ECN ) and also permitted scalping, for this moment is good.
Do you use any indicators for scalping?
Mitglied seit Aug 17, 2021
87 Posts
Oct 30, 2021 at 13:13
Some of the most commonly used forex indicators for scalping are the simple moving average (SMA) and the exponential moving average (EMA). These can be used to represent short-term variance in price trends of a currency.
Mitglied seit Jul 23, 2020
696 Posts
Nov 04, 2021 at 09:02
Moving average is best in my opinion, for all kinds of trading strategies.
