Scalping Forex Strategy

Scalping Forex strategy — is a simple trading system that relies on very close targets, extremely low stop-loss and a lot of positions opened and closed during a short period of time. Not all Forex brokers allow scalping and not all that allow are good to scalp with. Scalping may not be suitable for all traders and, personally, I don't recommend scalping to anyone. The most simple scalping Forex trading system is presented here.

Features

• Nice profits for lucky (intuitive) traders.
• No need to pay attention to technical, fundamental or any other analysis.
• Spreads eat a big part of profit.
• Reward/risk ratio is usually too low.
• Not all Forex brokers allow scalping.
• Requires a lot of time for trading and monitoring.

How to Trade?

1. Currency pairs with a lot of intraday volatility but low spreads are recommended (EUR/JPY, GBP/USD, EUR/USD and USD/JPY are good examples).
2. M1 timeframe or lower is optimal.
3. Optimal trading time is during the European/U.S. and U.S./Asian trading sessions' intersection.
4. Prepare to enter the positions by closely monitoring the market activity for 5–15 minutes.
5. When you think that you "caught" the current short-term trend, enter a position.
6. Set stop-loss to about 10 pips.
7. The general rule for target profit is one or one-and-a-half spreads. Setting take-profit to such low levels (2–5 pips) is almost impossible, so you'll need to monitor the position to see the target profit and close it manually.

Example

No example chart is present for this trading system as there is nothing important to be shown on the chart. Let's view the following examples.

1. You open Long position on EUR/USD with 10 pips stop-loss and target for 4 pips of profit. After 20 second the position reaches 4 pips of profit and you close it.
2. You open Short position on GBP/USD with 10 pips stop-loss and target for 4 pips of profit. After 3–4 minutes the trend unexpectedly reverses and the position is closed by stop-loss.
3. You open Short position on USD/JPY with 10 pips stop-loss and target for 3 pips of profit. After about 1 minute the position reaches 4 pips of profit and you close it.
4. You open Long position on EUR/JPY with 10 pips stop-loss and target for 5 pips of profit. After 5 seconds the price spikes and the position reaches 12 pips of profit and you close it.
5. That's 10 pips of profit in less than 6 minutes. Of course, it's purely hypothetical.

Warning!

Use this strategy at your own risk. EarnForex.com can't be responsible for any losses associated with using any strategy presented on the site. It's not recommended to use this strategy on the real account without testing it on demo first.

Discussion:

Do you have any suggestions or questions regarding this strategy? You can always discuss Scalping Forex Strategy with the fellow Forex traders on the Trading Systems and Strategies forum.

Fonte: http://www.earnforex.com/forex-strategy/scalping-forex-strategy

Relatório

Account:		Name:  Konrad						Currency: EUR		2011 January 26, 11:11
Closed Transactions:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P	Close Time	Price	Commission	Taxes	Swap	Profit
2859049	2011.01.24 21:56	sell	0.10	gbpusd	1.5981	1.6010	1.5971	2011.01.25 00:16	1.5975	0.00	0.00	-0.15	4.40
2861143	2011.01.25 01:40	buy	0.10	gbpusd	1.6003	1.5981	1.6013	2011.01.25 01:56	1.6013	0.00	0.00	0.00	7.32
2861145	2011.01.25 07:12	sell	0.10	gbpusd	1.5961	1.5985	1.5951	2011.01.25 07:16	1.5951	0.00	0.00	0.00	7.32
2873082	2011.01.26 01:22	sell	0.10	usdjpy	82.10	82.40	82.03	2011.01.26 01:50	82.06	0.00	0.00	0.00	3.56
2873215	2011.01.26 04:48	buy	0.10	gbpusd	1.5825	1.5800	1.5835	2011.01.26 05:31	1.5835	0.00	0.00	0.00	7.30
2873202	2011.01.26 07:52	sell	0.10	gbpusd	1.5773	1.5795	1.5763	2011.01.26 08:01	1.5795	0.00	0.00	0.00	-16.08
2873363	2011.01.26 07:30	sell	0.10	eurusd	1.3657	1.3687	1.3647	2011.01.26 08:08	1.3687	0.00	0.00	0.00	-21.92
2873362	2011.01.26 08:16	buy	0.10	eurusd	1.3703	1.3687	1.3713	2011.01.26 08:33	1.3687	0.00	0.00	0.00	-11.69
2873156	2011.01.26 05:29	sell	0.10	usdcad	0.9961	0.9991	0.9951	2011.01.26 09:01	0.9951	0.00	0.00	0.00	7.33
2873245	2011.01.26 08:47	buy	0.10	crudeoil	86.70	86.43	86.80	2011.01.26 09:50	86.80	0.00	0.00	0.00	7.30
										0.00	0.00	-0.15	-5.16
Closed P/L:												-5.31

A Trader's Guide To Using Fractals

by Justin Kuepper

HISTÓRIA

Many people believe that the markets are random. In fact, one of the most prominent investing books out there is "A Random Walk Down Wall Street" (1973) by Burton G. Malkiel, who argues that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager (and Malkiel does have many valid points). 

However, many others argue that although prices may appear to be random, they do in fact follow a pattern in the form of trends. One of the most basic ways in which traders can determine such trends is through the use offractals. Fractals essentially break down larger trends into extremely simple and predictable reversal patterns. This article will explain what fractals are and how you might apply them to your trading to enhance your profits. 

What Are Fractals? 

When many people think of fractals in the mathematical sense, they think of chaos theory and abstract mathematics. While these concepts do apply to the market (it being a nonlinear, dynamic system), most traders refer to fractals in a more literal sense. That is, as recurring patterns that can predict reversals among larger, more chaotic price movements. 

These basic fractals are composed of five or more bars. The rules for identifying fractals are as follows:

• A bearish turning point occurs when there is a pattern with the highest high in the middle and two lower highs on each side.
• A bullish turning point occurs when there is a pattern with the lowest low in the middle and two higher lows on each side.

The fractals shown in Figure 1 are two examples of perfect patterns. Note that many other less perfect patterns can occur, but the basic pattern should remain intact for the fractal to be valid. 

Figure 1

The obvious drawback here is that fractals are lagging indicators - that is, a fractal can't be drawn until we are two days into the reversal. While this may be true, most significant reversals last many more bars, so most of the trend will remain intact (as we will see in the example below). 

Applying Fractals to Trading 

Like many trading indicators, fractals are best used in conjunction with other indicators or forms of analysis. Perhaps the most common confirmation indicator used with fractals is the "Alligator indicator", a tool that is created by using moving averages that factor in the use of fractal geometry. The standard rule states that all buy rules are only valid if below the "alligator's teeth" (the center average), and all sell rules are only valid if above the alligator's teeth. 

Figure 2 is an example of such a setup: 

Figure 2

As you can see, the primary drawback to this system is the large swings that take place. Notice, for example, that the latest fractal had a drawdown of over 100 pips and still has not hit an exit point. However, there are countless other techniques that can be applied in conjunction with fractals to produce profitable trading systems. 

Figure 3 shows a forex trading setup that uses a combination of fractals (multiple time frames), Fibonacci-based moving averages (placed at 89, 144, 233, 377 and their inverses) and a momentum indicator. Let's look at a recent trade setup for the GBP/USD currency pair to see how fractals can help: 

Figure 3

Here is a basic rule setup that is used when using a chart with a four-hour time frame: 

• Initiate a position when the price has hit the farthest Fibonacci band, but only after a daily (D1) fractal takes place.
• Exit a position after a daily (D1) fractal reversal takes place.

Notice how the fractals pinpoint meaningful tops and bottoms? This helps to take the guesswork out of deciding at which Fibonacci level to trade - all we have to do is check to see if the daily fractal occurred. We should also note that the trend strength began increasing at the sell fractal, and topped at the buy fractal. Although we lose some pips with the confirmation, it saves us from losing out on mere market noise - 139 pips certainly isn't bad for three days! (For further reading, see Trading Without Noise.) 

Things to Consider 

Here are a few things to remember when using fractals: 

• They are lagging indicators. They are best used as confirmation indicators to help confirm that a reversal did take place. Real-time tops and bottoms can be surmised with other techniques.
• The longer the time period (i.e. the number of bars required for a fractal), the more reliable the reversal. However, you should also remember that the longer the time period, the lower the number of signals generated.
• It is best to plot fractals in multiple time frames and use them in conjunction with one another. For example, only trade short-term fractals in the direction of the long-term ones. Along these same lines, long-term fractals are more reliable than short-term fractals.
• Always use fractals in conjunction with other indicators or systems. They work best as decision support tools, not as indicators on their own.

Conclusion 

As you can see, fractals can be extremely powerful tools when used in conjunction with other indicators and techniques, especially when used to confirm reversals. The most common usage is with the "Alligator indicator"; however, there are other uses too, as we've seen here. Overall, fractals make excellent decision support tools for any trading method. 

Resources 

These are the two main charting packages that contain fractals: 

• MetaTrader for forex
• TradeStation for equities (via plug-in)

If you want to know more about chaos theory and its applications in the marketplace, an excellent book on the topic is "Profiting From Chaos" (1994) by Tonis Vaga. 

by Justin Kuepper (Contact Author | Biography)

Justin Kuepper has many years of experience in the market as an active trader and a personal retirement accounts manager. He spent a few years independently building and managing financial portals before obtaining his current position with Accelerized New Media, owner of SECFilings.com, ExecutiveDisclosure.com and other popular financial portals. Kuepper continues to write on a freelance basis, covering both finance and technology topics.

Fractais - Forex

HISTÓRIA

Geometria Fractal Forex

Forex geometria fractal visa seus elementos fractal derivado da palavra latina "Fractus", que significa quebrado ou fraturado. Benoît Mandelbrot é creditado com inventar o fractal frase antes de 1980. A geometria fractal é aplicado para descrever formas geometria euclidiana, que pode não apenas por causa de sua "não regulares" características.

teoria da geometria é baseada no fato de que um determinado objeto que não tem o número habitual de full-dimensional. Em outras palavras, uma meta não pode atender a algumas dimensões arredondados. Franco-alemão ocidental Tratado de Cooperação: consulte um acordo assinado em 1963 pelo presidente Charles de Gaulle e Konrad Adenauer, chanceler, que determinou que a Alemanha Ocidental queria levar a economia através da guerra fria e da França, Powerhouse diplomáticas antes, quer a liderança política .

É princípio de Mandelbrot de similaridade eu que faz o uso da geometria fractal negociação Forex crescer em popularidade. Fractais semelhança exibem auto ", que basicamente significa que as formas não-geométricas regulares parecem a mesma coisa se você está longe ou perto.

Dr. Bill Williams fornece uma boa visão de padrões fractais em seu livro "Trading Chaos". Nela, ele descreve a si padrões semelhantes repetem-se não só de comércio ao longo prazos diferentes, tais como horários, diários, semanais, etc., Mas em todo diferentes mercados também.

No método de negociação de Forex usando geometria fractal é observando os padrões que ocorrem a inversão e negociação forex mercado como eles repetem esses padrões em seu calendário escolhido. Dentro de cada padrão de reversão mensal, existe um padrão de reversão semanal que tem dentro de si um padrão de reversão diária que tem dentro de si um padrão de reversão de hora em hora, e assim por diante.

É bom saber que mesmo quando você quer pegar um grande encontro no mercado Forex é uma boa idéia de olhar para vários calendários para melhor o seu tempo de entrada. A geometria fractal métodos de negociação Forex permitirá que você faça exatamente isso.

OPERACIONAL

Leiam o artigo deste site: http://www.overmundo.com.br/overblog/extrategia-para-forex-operando-com-fractais, o mesmo é simples e sucinto a respeito de como utilizar os fractais.

Resultados obtidos

Segue ai os resultados obtidos referentes as primeiras operações, pratica da teoria vista em aula.

Account:		Name: Konrad						Currency: USD		2011 January 21, 16:08
Closed Transactions:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P	Close Time	Price	Commission	Taxes	Swap	Profit
2367595	2011.01.21 03:41	buy	0.10	eurusd	1.3500	1.3430	0.0000	2011.01.21 03:46	1.3502	0.00	0.00	0.00	2.00
2367839	2011.01.21 05:18	sell	0.10	eurusd	1.3485	1.3555	0.0000	2011.01.21 05:40	1.3483	0.00	0.00	0.00	2.00
2368435	2011.01.21 06:56	buy	0.10	eurusd	1.3502	1.3432	0.0000	2011.01.21 07:02	1.3504	0.00	0.00	0.00	2.00
2370942	2011.01.21 10:18	sell	0.10	eurusd	1.3533	1.3603	0.0000	2011.01.21 10:24	1.3531	0.00	0.00	0.00	2.00
2371139	2011.01.21 10:54	sell	0.10	eurusd	1.3534	1.3604	0.0000	2011.01.21 11:00	1.3530	0.00	0.00	0.00	4.00
2371897	2011.01.21 12:13	sell	0.10	eurusd	1.3522	1.3592	0.0000	2011.01.21 13:17	1.3520	0.00	0.00	0.00	2.00
2372411	2011.01.21 13:11	buy	0.10	eurusd	1.3529	1.3459	0.0000	2011.01.21 13:30	1.3531	0.00	0.00	0.00	2.00
2372208	2011.01.21 12:40	buy	0.10	eurusd	1.3551	0.0000	1.3551	2011.01.21 14:18	1.3551	0.00	0.00	0.00	0.00
										0.00	0.00	0.00	16.00
Closed P/L:												16.00
Open Trades:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P		Price	Commission	Taxes	Swap	Profit
No transactions
										0.00	0.00	0.00	0.00
										Floating P/L:		0.00
Working Orders:
Ticket	Open Time	Type	Size	Item	Price	S / L	T / P	Market Price
No transactions
Summary:
Deposit/Withdrawal:		0.00		Credit Facility:				0.00
Closed Trade P/L:		16.00		Floating P/L:				0.00	Margin:			0.00
Balance:		136.65		Equity:				136.65	Free Margin:			136.65

Parabolic Sar Expert Adviser(EA)

História

O Parabolic SAR foi desenvolvido por Welles Wilder, o criador do RSI e DMI, o Parabolic SAR define trailing stops para posições longas ou curtas. Também referido como o indicador stop-and-reversal (SAR significa Stop And Reversal, parar e inverter em Português), o Parabolic SAR é mais popular pela definição de stops do que para estabelecer direcção ou tendência. Wilder recomendava que se estabelecesse primeiro a tendência, e em seguida, negociar com o Parabolic SAR na direcção da tendência. Se a tendência é ascendente, comprar quando o indicador se move abaixo do preço. Se a tendência é descendente, vender quando o indicador se move acima do preço.

Cálculo

A fórmula é bastante complexa e está para além do âmbito desta definição, mas a interpretação é relativamente simples. As linhas pontilhadas abaixo do preço estabelecem a trailing stop para uma posição longa e as linhas acima estabelecem a trailing stop para uma posição curta. No início do negócio, o Parabolic SAR define uma maior distancia entre o preço e a trailing stop. Como o desenvolvimento do negócio, a distância entre o preço e o indicador vai diminuir, definindo uma trailing stop mais curta à medida que o preço se move numa direcção favorável.

Existem duas variáveis: o passo (step) e o passo máximo (maximum step). Quanto maior o passo definido, mais sensível o indicador será a alterações de preço. Se o passo definido é demasiado alto, o indicador irá oscilar acima e abaixo do preço muito frequentemente, tornando difícil a sua interpretação. O passo máximo controla o ajuste do SAR conforme o preço se move. Quanto menor for o valor do passo máximo definido, mais distante do preço estará o trailing stop. Wilder recomenda a seguinte configuração:

• Passo: 0.02
• Passo máximo: 0.20

O Parabolic SAR funciona melhor durante períodos com tendências bem definidas, que Wilder estima que ocorram cerca de 30% do tempo. Assim, o trader deverá primeiro determinar se o mercado está tendência através do uso outros indicadores, tais como o ADX line de Wilder.

(Fonte:http://www.thinkfn.com/wikibolsa/Parabolic_SAR)

Abaixo, segue o código fonte em mql4 para quem quiser testar e aperfeiçoar um Expert Adviser(EA); criado a partir do conceito do indicador Parabolic SAR .

Ressalto que o EA esta com um "scalper" adaptado.

//+------------------------------------------------------------------+

//|                                                      aSeiran.mq4                            |

//|                                                  Konrad                                       |

//|                             http://forexblogbrazil.blogspot.com/                   |

//+------------------------------------------------------------------+

#property link      "http://forexblogbrazil.blogspot.com"

#include <stdlib.mqh>

extern int     Slippage          = 1;

extern string i_________ = "Safe_mode option will only open 1 trade per trend";

extern bool Safe_Mode = FALSE;

extern string i________ = "**************************************************";

extern double TakeProfit = 10.0;

extern double StopLoss = 0.0;

extern double Lots = 0.1;

extern string i_______ = "Maximum number of trade in uptrend or downtrend";

extern int Max_Trade_Per_Trend = 2;

extern string i______ = "*****Set Scalper_Mode=True to use scalping feature*******";

extern bool Scalper_Mode = FALSE;

extern int Scalp_tp = 5;

extern string i_____ = "*****Set Use_Trailing_True=True to use trailing stop feature*******";

extern bool Use_Trailing_Stop = FALSE;

extern string i____ = "*****If you free margin fall below Minimum_Margin*******";

extern string i___ = "*****this EA will not open new trade*******";

extern double Minimum_Margin = 100.0;

double g_free_magrin_184;

double g_icustom_192;

double g_icustom_200;

double g_icustom_208;

double g_icustom_216;

double g_icustom_224;

double g_icustom_240;

double g_icustom_248;

extern int Magic = 93011;

int gi_260 = 300;

double g_bid_264;

double g_price_272;

double g_price_280;

double g_price_304;

bool gi_unused_312 = FALSE;

bool gi_unused_316 = FALSE;

int g_count_320 = 0;

int g_count_324 = 0;

int g_error_344;

string gs_348;

int init() {

   return (0);

}

int deinit() {

   return (0);

}

int start() {

   int l_cmd_8;

   double l_ord_open_price_28;

   double l_price_36;

   g_free_magrin_184 = AccountFreeMargin();

   double l_ord_open_price_20 = 0;

   int l_count_4 = 0;

   int li_unused_12 = 0;

   int li_unused_16 = 0;

   for (int l_pos_0 = 0; l_pos_0 < OrdersTotal(); l_pos_0++) {

      OrderSelect(l_pos_0, SELECT_BY_POS, MODE_TRADES);

      if (OrderSymbol() == Symbol() && OrderMagicNumber() == Magic) {

         l_count_4++;

         l_ord_open_price_20 = OrderOpenPrice();

         l_cmd_8 = OrderType();

         if (Scalper_Mode) {

            if (l_cmd_8 == OP_BUY && Bid - OrderOpenPrice() > Scalp_tp * Point) {

               OrderClose(OrderTicket(), OrderLots(), OrderClosePrice(), 1, Blue);

               return (0);

            }

            if (l_cmd_8 == OP_SELL && OrderOpenPrice() - Ask > Scalp_tp * Point) {

               OrderClose(OrderTicket(), OrderLots(), OrderClosePrice(), 1, Red);

               return (0);

            }

         }

      }

   }     

     if ((iSAR(NULL, 0, 0.007, 0.2, 0)>iClose(NULL,0,0))&&(iSAR(NULL, 0, 0.007, 0.2, 1)<iClose(NULL,0,1))) //Signal Sell

 {

             

               if (g_count_324 < Max_Trade_Per_Trend) {

                  OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,Bid+StopLoss*Point,0,"misakas2v1.3b", Magic, 0, Red);

                  g_count_324++;

                  g_count_320 = 0;

                  return (0);

               }

         }

      

      if ((iSAR(NULL, 0, 0.003, 0.2, 0)<iClose(NULL,0,0))&&(iSAR(NULL, 0, 0.003, 0.2, 1)>iClose(NULL,0,1))) //Signal Buy

      {

            

               

               if (g_count_320 < Max_Trade_Per_Trend ) {

               OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,Ask-StopLoss*Point,0,"misakas2v1.3b", Magic, 0, Red);

                  g_count_320++;

                  g_count_324 = 0;

                  return (0);

               }

           

  

}

}

Ola teste

Olá teste de imagem