Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

5 minutes scalping strategy - MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |
Hello traders,
I've been here a long time. Well, last week I was looking for scalping strategies and found thousands of them and thought, why not create a simple but potentially profitable strategy? When searching in MT4 tools I liked the DeMarker indicator so I looked into who Tom Demark was but I didn't find much information from him but the indicator looks great on its own and on longer timeframes.

Searching again, I found a video on youtube of trading with MACD and DeMarker, it looked great too, but I felt it didn't work, after that, in FF I found Samer1970, it looked like he had created an indicator that looked good for trading, I decided to combine this indicator with demarker, it looked great in the visual backtest, I made some trades in the account and all the winners.

I want to share it with you all, help me test it and improve this strategy, use it together to make money, maybe Samer can help us, or a programmer can make an EA for quick backtesting, I'm not a scalper, so if any of you are a great scalper, maybe can suggest ideas to improve this strategy... By the way rules and examples:

5 minutes reselling

Update (remove mark level)
index
Demarker (7 periods) levels 0.05, 0.95
Samer1970 indicator (attached) (250)

schedule
5 minutes

I'm testing it in XM account Zero in very slow spread pairs like EURUSD, AUDUSD,AUDJPY etc.

buy

Samer1970 indicator light green
DeM crosses 0.1 and we enter the trade until a green candle appears, the indicator can stay flat below 0.1 and we do not trade until a green candle appears.
(If DeM cross 0.1 in GREEN candle, we take the trade in the next bar)

sell

Samer1970 indicator light red
DeM crosses 0.9 and we enter until a red candle appears, the indicator can stay flat above 0.9 and we do not trade until a red candle appears.
(If DeM cross 0.9 in RED candle, we take the trade in the next bar)

This rules can be modified to improve the strategy

TP: 5 points
SL: 30 pips or leave the trade until the Samer1970 indicator crosses, or until the end of the US trading session, or you can allow time for scalping and close all trades at the end of the scalping time (this can be improved)

Here are some trades from today, sell only:

AUD/USD

Attached picture (click to enlarge)
Click to Enlarge

Name: Sell.PNG
Size: 67 KB


Attached picture (click to enlarge)
Click to Enlarge

Name: Sell good.PNG
Size: 60 KB


Australian Dollar Japanese Yen

Attached picture (click to enlarge)
Click to Enlarge

Name: Sell AUDCHF.PNG
Size: 63 KB


Attached picture (click to enlarge)
Click to Enlarge

Name: Sell AUDCHF good.PNG
Size: 57 KB


There are more EURUSD selling examples

Attached picture (click to enlarge)
Click to Enlarge

Name: EURUSD sell1.PNG
Size: 60 KB


Attached picture (click to enlarge)
Click to Enlarge

Name: EURUSD sell2.PNG
Size: 48 KB


I use this strategy in Europe session and US session but maybe can works 24hrs, an EA can confirm this
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG
Sell.PNGSell ​​good.PNGSellAUDCHF.PNGSell ​​AUDCHF good.PNG

Attachment to original post (1)

📦 Summary of post attachments (1)

Below are all the files shared in the reply (1).

Verification code Refresh