The indicator Simple Scalping Strategy Rules-Best Scalping System
The indicator Simple Scalping Strategy
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| indicator |
We have received numerous requests for the best scalping system, leading us to introduce the Triples S or Simple Scalping Strategy. This easy-to-learn technique can be a great addition to your scalping techniques with practice. Designed exclusively for scalping, you can try the Triple S on a 1-hour or 4-hour time chart and let us know how it works for you.
This forex scalping strategy is highly profitable and uses an accurate scalping indicator. It works best with 5 and 15 minute time charts, and can be used with a 1-minute scalping strategy. The volume indicator, which is used for price action analysis, is crucial in this strategy.
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| The volume indicator |
Great!
- The volume indicator could be interpreted as the "fuel tank of the major trading
- machine." Some argue that the volume indicator cannot be used with trading forex
- because there is no "central exchange" so how can it be read effectively?
- Another argument is that the volume that you see for Forex is actually the "Tick"
- volume that occurs so you are not seeing the entire volume that is being traded at
- the time like you would with stocks.
- Our argument to that is tick volume is measured by how much the price is has ticked "up" or "down" in that particular candle bar. So the more people are getting in at the time, the longer the volume line will become because there will be more
- movement in price action with all of those entry orders flying in.
- So it makes sense that the volume indicator is, first of all, very accurate, and second
- has no real lag to it. This is because it is currently showing you what the price action is doing by the number of "ticks" on that candle bar which results in the bar looking
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