15 Minutes Forex Scalping Strategy
This is a scalping strategy that works on a 15 minute timeframe and is applicable to any currency pairs.
Forex Indicators needed:
- Heikin ashi;
- Exponential Moving Average – EMA (5), close – the color blue;
- Exponential Moving Average – EMA (8), open – the color green;
- Indicator – Dinapoli stoch (8, 3, 3);
- Indicator – MomentumVT (10);
- Indicator – QQE Alert v3.
Long Entry:
- EMA 5 and EMA 8 must cross from the bottom then up.
- Dinapoli indicator must cross from the bottom to the top. The blue line crossed red.
- MomentumVT indicator 10 must be above its zero level.
- Indicator QQE drawn up arrow. Possible for a few bars earlier.
- Bar Heikin is painted white.
Short Entry:
- EMA 5 and EMA 8 must cross from the top then down.
- Dinapoli indicator stochastic also crossed from top to bottom. The red line crossed blue.
- The indicator MomentumVT 10 must be below its zero level.
- Indicator QQE drawn down arrow. Possible a few bars earlier.
- Bar Heikin ashi indicator is painted red.
Exit Position:
To exit position, just do it when the indicator QQE alert and EMA 5 and EMA 8 is fed back to the trading signals.
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