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Simple Moving Average + RSI Scalping Strategy

Easiest Strat🚀  Strategy Idea :  - Use a fast moving average (MA) to spot short-term trend direction.  - Use Relative Strength Index (RSI) to detect overbought or oversold conditions for entry/exit.  - Trade only in the direction of the trend indicated by MA.  - This reduces noise and improves win rate.  Indicators & Settings :  - Moving Average (MA): 9-period Simple Moving Average (SMA)  - RSI: 14-period, Levels: 30 (oversold), 70 (overbought)  Entry Rules :  Buy (Long) Entry :  1. Price is above the 9-SMA (uptrend).  2. RSI crosses above 30 from below (coming out of oversold).  3. Enter a long position immediately after RSI crosses above 30.  Sell (Short) Entry :  1. Price is below the 9-SMA (downtrend).  2. RSI crosses below 70 from above (coming out of overbought).  3. Enter a short position immediately after RSI crosses below 70.  Exit Rules:   - Take profit after 5-10 pips gain (...
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SIMPLE FOREX STRATEGY : Moving Action + Price Action

 Timeframe: 1-hour or 4-hour

Pairs: Major pairs (EUR/USD, GBP/USD, USD/JPY)

Indicators:

  • 50 EMA (Exponential Moving Average)
  • 200 EMA


✅ Buy Setup (Bullish)

  1. Price is above 200 EMA.
  2. Price retraces and touches the 50 EMA, but does not break below 200 EMA.
  3. Look for bullish engulfing candle or strong rejection candle at 50 EMA.
  4. Enter long after confirmation candle closes.



❌ Sell Setup (Bearish)

  1. Price is below 200 EMA.
  2. Price retraces and touches the 50 EMA, but does not break above 200 EMA.
  3. Look for bearish engulfing candle or strong rejection candle at 50 EMA.
  4. Enter short after confirmation candle closes.



📉 Stop Loss & Take Profit

  • Stop Loss:
    • Just below the signal candle (for buy)
    • Just above the signal candle (for sell)
  • Take Profit Options:
    • Risk:Reward = 1:2
    • Or exit at next support/resistance zone


🧠 Risk Management

  • Risk only 1-2% of your capital per trade
  • Avoid trading during major news events
  • Always use demo account to practice first


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