Most forex scalping systems are based on linear regression channels or support/resistance lines. For example our expert advisors: Stomper and IntellectualPro. Stomper based on support/resistance lines and  Intellectula pro based on smart adaptive linear regression channels.  learn more about adaptive regression channels


But a lot of forex scalping systems are based on forex indicators. For example our Forex Scalping system SC-market.
Expert Advisor SC-market based on two standard indicators RSI (Relative Strength Index) forex indicator and SMA (Simple Moving Average) forex indicator.



We use two types of signals for position opening.
First signal. RSI and SMA combination. For short position, price should be higher than SMA and RSI should be located within the prescribed limits.  For long position, price should be lower than Simple Moving Average indicator.

Second signal.  Price reached a peak within a few bar.

Also we developed several filters and  special modules for this expert advisor:
Time Filter.  Order can only be opened in a given interval of time.
Smart Take Profit. Take Profit can be increased  or reduced depends from order’s lifetime. And Take Profit can be increased  or reduced depends depending on the time remaining until the end of the trading session.

Expert Advisor SC-market shows stable positive result within 600 days



Learn more about Expert Advisor SC-market

Read also "expert advisor "Stomper" working mechanism explanation"

BJF Trading Group inc.
http://iticsoftware.com