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Extreme Forex Scalping Strategy
This is a scalping strategy that uses a 15 minute or higher timeframe and works in any currency pairs. This system uses various indicators with EMAs on it. In this system, the buy and sell zone is already indicated.
Forex Indicators:
- MA 1444 HLC/3 (with envelope level 150, 300, -150, -300)
- Sell Zone Fib
- Assistant Scalping with Slope 7
- Buy Zone MA 1444 ( above level 150 medium buy; above 300 level strong buy);
- Buy Zone MA 1444 ( below level -150 medium buy; below -300 level strong buy)
Long Entry:
- Price must be in the Buy Zone.
- Slope must cross up.
Short Entry:
- Price must be in the Buy Zone.
- Slope must cross up.
Place Stop loss 5 pips below or above Sell Zone Fibonacci level.
Take profit at 6-15 pips depends on the currency.
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