Ultra Profit Scalping Strategy is suitable for trading binary options, scalping on the forex market, and intraday trading. The strategy is based on a combination of a trend indicator and an oscillator, with signals filtered by Stochastic. The rules are simple, making it effective even for beginner traders.
Entry Parameters
To start trading, define the following parameters:
- Currency pairs: any (for scalping or day trading – with minimal spread)
- Timeframe: M5 and higher
- Binary options expiration: 3-4 candles
- Trading time: London, New York
- Risk management: choose a lot size or option so that risk does not exceed 2-5% of your deposit per trade
Indicators Used
For analysis, you will need a set of trading indicators:
- Bands (period 20, deviation 2.0)
- Super fast EMA (1, 2)
- Support and resistance
- Channel trend
- Exponential moving average (period 9, shift 1)
- Flat pulse (20 period, deviation 2.0, Kelt prd 20, kelt factor 1.5, mom 12)
- STC color (10, 23, 50)
- Slow stochastic (20, 4, 5)
Indicator and Template Setup
To make it easier to place them on the chart, use the trading template available in the archive at the end of the article. To do this:
- Unpack the archive with templates and indicators
- Copy the indicators to the MQL4 -> indicators folder
- Copy the templates to the templates folder
- Restart the terminal
- Open the chart for the desired currency pair
- Apply the template named Ultra Profit Scalping
The chart with correctly installed indicators should look like this:
Signals for Opening a Long Position or Buying a Call Option
To buy an asset, wait for the following conditions of the trading strategy:
- An upward arrow appears on the chart;
- A green bar forms on the Flat pulse indicator;
- The STC color indicator is green;
- The yellow Stochastic line crosses the red line from bottom to top;
- The Channel trend indicator is pointing upwards (optional).
Signals for Opening a Short Position or Buying a Put Option
To sell, the following signals should appear on the chart:
- A downward arrow appears on the chart;
- A red bar forms on the Flat pulse indicator;
- The STC color indicator is red;
- The yellow Stochastic line crosses the red line from top to bottom;
- The Channel trend indicator is pointing downwards (optional).
Stop-Loss and Take-Profit for Scalping and Intraday Trading
Even when scalping on forex, it is important to use protective orders.
- Stop-loss is set above/below the previous local maximum or minimum.
- Take-profit is set near the levels of the Support and Resistance indicator.
Ultra Profit Scalping Trading Strategy for Binary Options, Scalping, and Day Trading has simple rules, but it is important to follow them strictly and not deviate from the conditions. Experts from Fortraders recommend opening positions only in the direction of the current trend, which can be determined on higher timeframes.
Download Ultra Profit Scalping strategy template and indicators
