Skip to content

5 Min Forex Scalping Strategy With Parabolic Sar and Trend Indicator

    A simple fx scalping strategy composed of 3 trending indicators.

    Clear rules: Take Profit at 15 pips with stop-loss placed above or below the Parabolic SAR indicator.

    Let’s explore below how this strategy works:

    Chart Setup

    Indicators: Parabolic SAR (0.02 step), 200 Period Exponential Moving Average (200 EMA), !De_Munyuk.ex4 (Default Setting)
    Preferred time frame(s): 5 Min chart
    Trading sessions: London, US
    Preferred Currency pairs: Pairs with low spread – EUR/USD, GBP/USD, USD/JPY

    Download

    Download the 5 Min Forex Scalping strategy With Parabolic Sar and Trend Indicator for Metatrader 4

    EUR/USD 5 Minute Trading Example

    forex-scalping-with-parabolic-sar

    The EUR/USD chart shown above gave us 2 nice short trade entries at 1.3641 and 1.3606 respectively.

    Both trades closed in the profit for 15 pips each.

    Trading Rules

    Buy Rules:

    • Price trades above the EMA 200 (up trend)
    • Parabolic SAR dots appear below the price (bullish)
    • !De_Munyuk must be green or flips from red to green (short-term up trend)

    This is your buy entry signal. Place protective stop-loss 1 pip below the PSAR dot.
    Price objective: 15 pips

    Sell Rules:

    • Price trades below the EMA 200 (down trend)
    • Parabolic SAR dots appear above the price (bearish)
    • !De_Munyuk must be red or flips from green to red (short-term down trend)

    This is your sell entry signal. Place protective stop-loss 1 pip above the PSAR dot.
    Price objective: 15 pips

    Free Download

    Download the 5 Min Forex Scalping strategy With Parabolic Sar and Trend Indicator for Metatrader 4