What indicator you use for scalping?

So guys, you don't think it's really necessary and useful to use indicators for scalping, right?

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.

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.

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.

Hello, I am using PA, (trend lines, supports and resistance for scalping)

Some scalpers use just pure price action without any indicators. So that is one possibility.

for scalping is good stochastic (5,3,3) and M5

MA and basic PA does it for me. My broker also gives me spreads which are as low as 0.8 pips.

Meditate and pray for scalping.

Do it at your own risk.
😇

Price + stochastic = good for scalping

Scalping is risky. You need super low spreads from your broker to make it work

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.

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.

Me broker offer low spreads, no requotes, execution market ( ECN ) and also permitted scalping, for this moment is good.

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?

Barrowness posted:
Scalping is risky. You need super low spreads from your broker to make it work

do you know me one low sored broker name pls?

danas76 posted:
Me broker offer low spreads, no requotes, execution market ( ECN ) and also permitted scalping, for this moment is good.

What Is your broker name & how much minimum diposit??

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.

Moving average is best in my opinion, for all kinds of trading strategies.