ADX, Starlight, MAs Forex Scalping Strategy
This is a scalping strategy that is based on ADX and moving averages. This is useful in a 5 minute to higher timeframe. This works in all major currency pairs.
Metatrader Indicators:
- Moving average smoothed 25;
- LWMA 40;
- Color CCI 20 :Buy level 90;Sell level -90;
- Kuskus Starlightv.2 (p eriod 14.smooth 0.30);
- ADX filter (14),level (20);
- All pivot.
You can identify the trend by using LWMA and MA smoothed. If LWMA 40 is greater than MA smoothed 25, then it is an uptrend. If LWMA is less than MA smoothed, the trend is going down.
Buy Entry:
- Last High should be above the MA smoothed 25 and LWMA 40.
- Price must be greater than MA 25 smoothed.
- Price is greater than LWMA 40.
- ADX filter is green 20.
- CCI is greater than 90.
- Kuskus Starlight is greater than 0.
Sell Entry:
- Last High should be above the MA smoothed 25 and LWMA 40;
- Price is less than MA 25 smoothed.
- Price is less than LWMA 40.
- ADX filter is green dot.
- CCI is less than -90.
- Kuskus Staralight is less than 0.
Exit Position:
- Exit when there is a change in trend.
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