Description
Genesis Scalping System – Professional Manual Scalping System
Genesis is a very popular and proven scalping system, which was originally developed by a group of members at the forex factory forum. This has been used by professional forex traders around the world and found to be a highly profitable strategy.
This system originally uses six indicators but we have added two other indicators to make it easy to identify the upcoming news and demand and supply levels, which will increase the accuracy of the strategy.
Screenshot
Technical Specifications
| Platform | MT4 |
| Type | Indicators & template file |
| Timeframes | 05 Minute Preferred but can be used on any |
| Currency pairs | Any |
The Trading Method:
The trading method is very simple, you buy when an upward arrow appears and sell when a downward arrow appears; but the problem is that you will get too many signals and you need to filter out potentially less-likely signals. For this, the rule we use is that:
- For buy trades: 50 period moving average must be going up and candles should be above 50 period moving average
- For sell trades: 50 period moving average must be going down and candles should be below 50 period moving average
The stop loss for buy trades should be just below the most recent swing low and the take profit should be just below any resistance or pivot line. On the other hand stop loss for sell trades should be just above the most recent swing high and take profit should be just above any support or pivot level.
Recommended Broker & VPS
We recommend using a low-spread broker and a reliable VPS.
- Recommended Broker: IC Markets. If ICMarkets not available in your country, please use IC Trading.
- Recommended VPS Provider: Contabo VPS.
You may contact us on live chat in case you need any support in this regard.
Risk Disclaimer
Trading in financial markets involves substantial risk and may not be suitable for all investors. Our software is provided “as is” without any guarantee of profit. You are advised to test thoroughly on demo accounts before trading live. Please review our full terms and conditions before purchasing.
Luakn K –
Can I use it in H4 charts?
ForexRobotz –
Yes
Lloyd D –
Good for genesis strategy traders. thanks
Ju Hun Lee –
Does this work on Gold XAUUSD and Silver XAGUSD? Thanks.
ForexRobotz –
yes
Anika J –
i have been trading this method for months and its quite profitable. It works best in London session
M Mohamed –
Hi, I don’t understand why there are plenty of indicators when the video only showed moving average and arrows used as confirmation. Pivots and support/resistant for stop and profit. How about the others indicators.