589# Super Scalper with Martingale
Pure trend following scalping system
Submit by Marco 07/2017
Super Scalper with Martingale is a pure trend following scalping system based on slow EMAs' and Super scalper indicator. This system is aggressive can use the martingale.
Time Frame 5 min or higher.
Currency pairs for trading 5 min or 15 min: EUR/USD, GBP/USD, USD/JPY, USD/CAD.
This system is work good also with Renko chart box size 3- 4 or 5 pips.
Metatrader Indicators:
34 EMA, close.
144 EMA close.
Super Scalper Indicator (20 period).
Renko live chart ( remember to active allow DLL imprts)!
Trading rules Super Scalper with Martingale
Trading only in the direction of the trend.
Trend up 34 EMA > 144 EMA.
Trend down 34 EMA < 144 EMA
Buy
34 EMA > 144 EMA.
Super scalper blue line.
Sell
34 EMA < 144 EMA
Super scalper yellow line.
Exit for 5 min time frame GBP/USD as example
Initial stop loss 5 pips above below the entry bar.
Profit target 8 pips.
Martigale progression with 2 multiplier very aggressive.
0.01 – 0.02 – 0.04 – 0.08 – 0.16 – 0.32 – 0.64 – 1.28 – 2.56
Martingale for recovery loss, progression.
0.01 – 0.01 – 0.02 – 0.04 – 0.08 – 0.16 – 0.32 – 0.64 – 1.28 – 2.56
Demi Martingale coonservative progression.
0.01 – 0.01 – 0.02 – 0.02 – 0.06- 0.06 – 0.12 – 0.12 – 0.24 – 0.24 – 0.48 – 0.48
This system is very aggressive it is advisable to practice on higher times frames.
In the pictures Super Scalper with Martingale in action.
