67# Fast 10 Pips Scalping

Submit by Alexander

Fast 10 Pips Scalping is a trend following strategy based on slow moving averages and Parabolic Sar. The indicators with which this strategy is built are custom algorithms programmed in pine script for TradingView, so this is a trading system only for theTradingView platform. 

The idea behind this strategy is to make quick profits in the direction of the trend. Profits range from 4-5 pips to a maximum of 10 pips. In this way, high profitability is achieved.

Setup strategy

The strategy works on all time frames but is configured for 5 minute time frames.

Time frame 5 min or higher.

Currency pairs majors forex, indices and crypto.

TradingView Indicators

Smash Pull Back Strat

Parabolic Sar Buy and Sell Start: 0.003-Increment 0.003 -maximum 0.25 -PW 20.

Trading rules Fast 10 Pips Scalping

Trade only in the direction of the trend.
Buy
Smash Pull Back Strat green.
Parabolic Sar Buy Signal.
Sell
Smash Pull Back Strat red.
Parabolic Sar Sell Signal.
Exit position
Profit target a few pips, maximum 10-15 depends by Currency pairs or exit at oppposite signal of Parabolic Sar.
Stop loss at the previous swing and move stop.

Examples of trades.