15 Minute Forex Scalping Strategy

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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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