Last updated:
Forex Scalper Trading Strategy
This system works on a 1 minute timeframe in all major currency pairs.
Forex Indicators:
- HMA color rnp (180)
- Filter
Signals
The two indicators must be in the same color. Open position one you see the signal .when both indicators are of the same color. No alerts, follow the price and take action if necessary. HMA RNP may often change color, so make sure that filter is also of the same color when opening position. The work of the filter here is to identify or filter false signals.
For Long Entry:
- Open a long position when both HMA RNP and filter become blue.
For Short Entry
- Open a short position when both HMA RNP and filter become red.
To exit position
- Wait that HMA RNP change its color, this is a signal to close order. When the signal occur, close the current position.
- Open a new order in the opposite to the previous order direction if ultra-filter changes also changes the color.
- If ultra filter doesn’t change, wait for HMA RNP to return back to the previous same color so they matched again and place the order in the same direction as the previous one.
Level up your trading
Learn to read the chart — not just the indicator
eBook · Instant PDF
Video Course · 12 modules
Recommended MT4/MT5 Brokers
- ✓ *FREE *$50 to start (withdrawable)
- ✓ Deposit bonus up to $5,000
- ✓ Negative balance protection
Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.
Forex Strategy Download:
Enter Your Email Address below, download link will be sent to you.