4H Scalping Trading System

  Submit by Joy22

 
Time Frame 4H
Pairs: all.
Indicators
21 EMA (applied to close).
Long Entry:
Price must be ABOVE the EMA on H4 chart.
the opening price of the bar should be Higher than the average price of the previous bar.
Short Entry:
Price must be BELOW the EMA on H4 chart
The opening price of the bar should be Higher than the average price of the previous bar.
 
Exit Position
To close position end of Bar.
Stop Loss Ratio with PT 1/1 (if Profit target is 40 pips Stop Loss is 40 pips).
Profit Target Predetermined: AUD/USD, USD/CHF, USD/CAD, 30 pips, EUR/USD 40 pips, GBP USD, EUR/JPY, GPB/JPY 50 pips.