Forex for Beginners

What is Forex scalping?

What is Forex scalping

Scalping is a trading style that involves making a small profit on local price fluctuations. In simple terms, an expert advisor acts like a surgeon, cutting (scalping) small price waves.

However, this does not mean that traders who scalp make little profit. They achieve substantial profits through:

  1. Using a trading lot size significantly larger than other trading methods.
  2. Engaging in a large number of trades.

Thus, a scalping trading system can generate substantial profits, comparable to profits from other trading methods.

scalping strategy 1

An example of scalping on a rebound from the boundaries of the Bollinger Bands indicator. Deals are concluded at the moment the quotes turn in the direction of the central line BB.

An example of scalping on a rebound from the center line of the Bollinger Bands channel. Trades are concluded at the moment of rebound from the central line in the direction of the outer boundaries of the BB.

However, before choosing a scalping bot, you must ensure that your trading account meets the necessary conditions for scalping:

  1. The spread size should be minimal.
  2. The trade execution speed should be minimal.

In an article on how to choose a trading account, you can learn about the types of accounts available and which type is best suited for trading.

Regarding profitability and trading results, as an example, we can show the test results of the Project Samurai trading bot, which can earn significant profits by scalping price waves.

Trading bots that use scalping technology:

Project Samurai EA

Project Samurai EA

Project Samurai EA is a multi-currency expert advisor that trades on 10 assets. Uses a price channel trading strategy during the Asian session. Uses Stop Loss to protect every trade. Does not use martingale or averaging. The minimum capital to start is $200. Any leverage.

Summary profitability chart (10 assets simultaneously)

Project-samurai-trading-portfolio-2
Scalpmaker EA

Project Samurai EA

Scalpmaker EA is a multi-currency bot that uses 9 currency pairs for trading. His strategy is to scalp price waves during the Asian session (in a calm market). Uses Stop Loss to protect every trade. Works without martingale and averaging. The minimum capital to start is $200. Any leverage.

Summary profitability chart (9 assets simultaneously)