Forex Fractal EMA Scalper — Strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: FX:EURUSD
- Timeframe: 3 minutes
- Net P&L: +3,202.76 USD (+3.20%)
- Win Rate: 69.8%
- Profit Factor: 1.331
- Max Drawdown: 951.36 USD (0.93%)
- Total Trades: 328
- Sharpe Ratio: 0.178
Description
This is a forex scalper designed for very short timeframes 1-5 min max.At the same time due to the short timeframe, is recommend to re optimize it weekly .Its components are FractalsTriple EMA with different lengthsRules for entry:For long : we have an up fractal and all 3 ema are in ascending orderFor short: we have a down fractal and all 3 ema are in descending order.Rules for exitWe exit when we either get a reverse order or when we hit the take profit or stop loss calculated in fixed pips.