Janus Forex Scalping Strategy

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Janus Forex Scalping Strategy

This strategy is based on the strength currency pairs and the trend intraday. This works on a 15-minute timeframe. Use currency pairs that have a maximum 3 pips of spread.

Metatrader Indicators:

  • XPS V. 8 Trend bars;
  • Indicator 1 ( Trend arrow);
  • ATR Projection;
  • Financial banks;
  • Support Resistance Level;
  • Currency Heat Map;
  • XPS V. 8 Oscillator.

General Rules:

First step:

  • Search the best currency pairs on which to trade using a Currency Heat Map.
  • Strong currency / Currency Weak.
  • Currency Strong Currency Heat Map have more green rectangles on both H1 and H4.
  • Weak currency Currency Heat Map have more red rectangles on both H1 and H4.

Second Step:

  • Trade in the direction of the trend intraday.

Long Entry:

  • Arrow is Dodger Blue.
  • XPS V8 trend bar is Dodger blue;
  • XPS V 8 Oscillator bar is Dodger blue;
  • Do not trade in Blue Zone.

Short Entry:

  • Arrow is Dodger Blue;
  • XPS V8 trend bar is Dodger blue;
  • XPS V 8 Oscillator bar is Dodger blue;
  • Do not trade in Red Zone.

Exit Position:

  • Place initial stop loss on the previous swing.
  • Take profit at the opposite arrow or at the level of support/resistance.
  • Target profit is predetermined (example ratio 1:1 stop loss).

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