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Forex Scalping Strategy - Full Video Course

  • #1
  • First Post: Apr 12, 2020 6:48am Apr 12, 2020 6:48am
Hey traders,

I hope everyone is well and is staying safe.

I have finally finished creating my Forex Scalping Strategy course, which I wanted to share with you today.

With everyone in isolation, I thought I would release the whole course all in one go for you to binge watch.

The scalping strategy is counter trend, and combines two stand alone strategies/concepts and brings them together.

The framework of the strategy is: RSI at OB/OS levels + Regular Divergence. This creates a high probability that price will pullback/reverse which we can profit from.

The videos go into all the details of the strategy with examples. All indicators/templates needed to run the strategy are at the bottom of this post.

This strategy has been modified over the years but I am always looking for ideas on how to better this strategy. Please provide your feedback and ideas and trades you take.

PART 1 - COURSE OUTLINE

Inserted Video


PART 2 - THE 2 KEY CONCEPTS

Inserted Video


PART 3 - THE FOREX SCALPING STRATEGY

Inserted Video


PART 4 - RISK MANAGEMENT

Inserted Video


PART 5 - A++ PREMIUM TRADE SETUPS

Inserted Video


Indicators Needed

Attached File(s)
File Type: ex4 MACD LWMA v1.01.ex4   11 KB | 1,378 downloads

Attached File(s)
File Type: ex4 OGT RSI MTF Indicator v1.1.ex4   15 KB | 1,449 downloads


MT4 Template

Attached File(s)
File Type: tpl OGT Forex Scalping Strategy.tpl   2 KB | 1,313 downloads
Never stop investing. Never stop improving. Never stop doing something new
  • #2
  • Apr 12, 2020 9:27am Apr 12, 2020 9:27am
Hi Zoheb01,

Very nice work, i think all the community will apreciate, your course, and so your altruistic atitude.

In fact, i actually use some of the indicatores that you mentioned in to a "close" strategy.

I use the divergence in RSI not that Parameters , instead of ATR i use pivots and round numbers to define TP and SL.
I allways trie to enter in a specific period of the day, usualy when Asia closes., and Europe start to wake up.

Many thanks for this fine tunning that you made for this strategy.
  • #3
  • Apr 12, 2020 9:59am Apr 12, 2020 9:59am
Thanks zoheb01! Well done. Will be nice to see some live charts next week.
  • #4
  • Apr 12, 2020 12:35pm Apr 12, 2020 12:35pm
Hi!

Thank you for sharing your work, and those great tutorials. Id like to know which timeframes you recommend? M5 and M15 as higher timeframes? works well with which pairs? did you try it with indices?

thanks
  • #5
  • Apr 12, 2020 4:44pm Apr 12, 2020 4:44pm
Quoting xpt123
Hi Zoheb01, Very nice work, i think all the community will apreciate, your course, and so your altruistic atitude. In fact, i actually use some of the indicatores that you mentioned in to a "close" strategy. I use the divergence in RSI not that Parameters , instead of ATR i use pivots and round numbers to define TP and SL. I allways trie to enter in a specific period of the day, usualy when Asia closes., and Europe start to wake up. Many thanks for this fine tunning that you made for this strategy.
Thanks xpt123 - yes I use round numbers too in conjunction with ATR as another layer of "protection" of getting stopped out. I've also been looking at sessions and feel that trading pairs during the Asian is better for a counter trend strategy.
Never stop investing. Never stop improving. Never stop doing something new
  • #6
  • Apr 12, 2020 4:45pm Apr 12, 2020 4:45pm
Quoting kofix11
Thanks zoheb01! Well done. Will be nice to see some live charts next week.
Defo - will get some charts next week when the market reopens!
Never stop investing. Never stop improving. Never stop doing something new
  • #7
  • Apr 12, 2020 4:47pm Apr 12, 2020 4:47pm
Quoting radeathsta
Hi! Thank you for sharing your work, and those great tutorials. Id like to know which timeframes you recommend? M5 and M15 as higher timeframes? works well with which pairs? did you try it with indices? thanks
Thank you for your comment. Like I mentioned in the videos, you will get signals on any time frames/pairs. The question is how often you can be at the charts to review and take the trade.

For me, I prefer the M5 as the trading chart for the normal setup (part 3). M1 for the trading chart for A++ premium trade setups (part 5). The reason for this is just for the frequency of the trades.

Hope it helps.
Never stop investing. Never stop improving. Never stop doing something new
  • #8
  • Apr 13, 2020 7:05am Apr 13, 2020 7:05am
thanks for videos. how far back would you be looking for divergence though (how far apart can two points be)? would this be a valid trade to go short? (this is 1 hour chart)
Attached Image (click to enlarge)
Click to Enlarge Name: InkedGBPUSDH1 divergence_LI.jpg Size: 1.6 MB
  • #9
  • Apr 13, 2020 10:33am Apr 13, 2020 10:33am
as I see it, the macd should be lower and the chart higher
  • #10
  • Apr 13, 2020 11:47am Apr 13, 2020 11:47am
As I see there are not so many trade setups that would meet all the criteria.

I'm looking forward for more examples of valid trade setups.

Thanks for sharing the system
  • #11
  • Apr 13, 2020 5:20pm Apr 13, 2020 5:20pm
Thanks Zoheb01 for this GEM, A nice set up today
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFiM5.png Size: 67 KB
  • #12
  • Apr 13, 2020 5:23pm Apr 13, 2020 5:23pm
Quoting Dino10
Thanks Zoheb01 for this GEM, A nice set up today {image}
I forgot to mention it is a Triple a setup
  • #13
  • Apr 13, 2020 5:27pm Apr 13, 2020 5:27pm
If anyone is interested for the ATR on chart display,Also in the inputs change display to pips instead of points
Attached File(s)
File Type: mq4 atr_value_indicator (13).mq4   3 KB | 654 downloads
  • #14
  • Apr 13, 2020 5:58pm Apr 13, 2020 5:58pm
Would be great if zoheb01 could post some live trades here.
thanks
  • #15
  • Apr 13, 2020 9:54pm Apr 13, 2020 9:54pm
Quoting tonny47
thanks for videos. how far back would you be looking for divergence though (how far apart can two points be)? would this be a valid trade to go short? (this is 1 hour chart) {image}
I would also be interested in the answer to this question, thanks.
  • #16
  • Apr 14, 2020 4:06am Apr 14, 2020 4:06am
One thing I noticed missing from the videos (or maybe didn't hear it being mentioned) is the spread on the pairs. Do you factor those in when setting the TP and SL?
Dives est, cui tanta possessio est, ut nihil optet amplius
  • #17
  • Apr 14, 2020 4:21am Apr 14, 2020 4:21am
Attached File(s)
File Type: ex4 Divergence And Convergence MACD.ex4   21 KB | 579 downloads


this is very good
  • #18
  • Apr 14, 2020 6:22am Apr 14, 2020 6:22am
Quoting redfan
{file} this is very good
Not working on my mt4
My help is in the name of the Lord who made heaven and earth.
  • #19
  • Apr 14, 2020 7:49am Apr 14, 2020 7:49am
Quoting redfan
{file} this is very good
same here, not loading in MT4.


@zoheb01

thanks for this course. its funny I went to your youtube because of another topic (OGT Price Action Indicator) so really cool that you're active here.
Really cant wait for the live setups and charts. Sounds pretty interesting.

Have you tested this strategy? Whats the average win rate in % of this after 100/1000 trades?
  • #20
  • Apr 14, 2020 8:22am Apr 14, 2020 8:22am
Hi...

Have a question about divergence. On the chart below there is divergence between the far left red arrows and the blue line. Do you consider that the divergence has completed at the low right after the blue line or do you still consider price divergent at the red line???
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 76 KB
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