Scalping Futures with EMA Crossover Strategy
Here are a few easy strategies to scalp futures for a few ticks or points
(EMA) Crossover strategy
The EMA crossover strategy involves using two EMAs to identify short-term trends in the market.
EMA CrossOver
Send download link to:
EMA’S values can be changed on your preference ( see addon properties after downloading and adding in NT8)
Channel SSL
Send download link to:
The “Channel SSL” (Secure Sockets Layer) is a technical analysis tool that is used to identify trends and potential trading opportunities in the market. It is a type of channel indicator that consists of two lines, one line above the price and one line below the price, which form a channel.
The Channel SSL is based on the idea that prices tend to move in a defined range for a period of time, and the goal is to identify these ranges and take advantage of them by trading in the direction of the trend.
Here’s how the Channel SSL works:
– Identify the channel: Look for a well-defined channel on the chart, where prices move between the upper and lower lines.
– Identify the trend: If prices are moving above the upper line, it signals a potential uptrend. If prices are moving below the lower line, it signals a potential downtrend.
– Place the trade: Once you have identified a potential trade, place an order in the direction of the trend. You can use a market order or a limit order, depending on your preference.
– Set a profit target: Scalping trades are typically short-term, so it’s important to have a profit target in mind. This can be a fixed dollar amount or a technical level, such as a previous support or resistance level.
– Manage your risk: Always have a risk management plan in place and use stop-loss orders to limit your potential losses.
The Channel SSL is one of many technical analysis tools that can be used to identify trends and potential trading opportunities in the market. Still, it’s important to keep in mind that no single tool can guarantee success in trading. Before using any technical analysis tool, it’s important to thoroughly educate yourself on the risks involved and develop a solid understanding of the markets and the strategy you plan to use.
Here’s how the EMA crossover strategy works:
– Set up the EMAs on a chart: Choose two EMAs with different time frames, such as a 50-day EMA and a 200-day EMA.
– Identify the trend: When the shorter EMA crosses above the longer EMA, it signals a potential uptrend. When the shorter EMA crosses below the longer EMA, it signals a potential downtrend.
– Place the trade: Once you have identified a potential trade, place an order in the direction of the trend. You can use a market order or a limit order, depending on your preference.
– Set a profit target: Scalping trades are typically short-term, so it’s important to have a profit target in mind. This can be a fixed dollar amount or a technical level, such as a previous support or resistance level.
– Manage your risk: Always have a risk management plan in place and use stop-loss orders to limit your potential losses.
One easy scalping strategy for futures is the “Bollinger Bands” strategy. This strategy involves using Bollinger Bands, a type of volatility indicator, to identify short-term trends in the market.
Here’s how the Bollinger Bands strategy works:
– Set up the Bollinger Bands on a chart: Bollinger Bands are plotted two standard deviations away from a simple moving average. I personally use the 2,5 STD instead of the 2 STD
– Identify the trend: When the price is trending higher, look for buying opportunities. When the price is trending lower, look for selling opportunities.
– Look for price action near the bands: When the price approaches the upper Bollinger Band, look for potential selling opportunities. When the price approaches the lower Bollinger Band, look for potential buying opportunities.
– Place the trade: Once you have identified a potential trade, place an order in the direction of the trend. You can use a market order or a limit order, depending on your preference.
– Manage your risk: Always have a risk management plan in place and use stop-loss orders to limit your potential losses.
– A good video about Bollinger Band’s strategy you will find on YouTube here thanks to the creator of the video THE SECRET MINDSET
Momentum strategy.
The momentum strategy involves identifying short-term trends in the market and taking advantage of them with quick trades.
Here’s how the Momentum strategy works:
– Identify the trend: Look for futures markets that are showing strong momentum in a particular direction.
– Confirm the trend: Use technical indicators, and trading lines such as moving averages or the Relative Strength Index (RSI), to confirm the trend.
– Place the trade: Once you have confirmed the trend, place a trade in the direction of the momentum.
– Set a profit target: Scalping trades are typically short-term, so it’s important to have a profit target in mind. This can be a fixed dollar amount or a technical level, such as a previous support or resistance level.
– Manage your risk: Always have a risk management plan in place and use stop-loss orders to limit your potential losses
– A video with some momentum strategy in here
Remember, scalping futures is a high-risk, high-reward strategy that requires quick thinking and fast reflexes. Before scalping futures, it’s important to thoroughly educate yourself on the risks involved and develop a solid understanding of the markets and the strategy you plan to use.
Everything in this community is for educational purposes only and should not be taken as advice on how to invest your capital. Always speak with a professional financial planner or advisor before making any investment decisions