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Volatility On The Bar Forex Scalping Strategy
This is a scalping strategy that uses a 15 minute or higher timeframe. This works in any currency pairs. Indicators used in this system are not that complicated.
Forex Indicators:
- Volatility meter with moving average 2 smoothed.
- Trend squeezer
- daily open
- FFCC
- CDR TRO
- Sdx TZ pivots
Long Entry:
- Volatility meter is greater than moving average 2 smoothed.
- CDR Tro Buy arrow confirmed by trend squeezer blue.
Short Entry:
- Volatility meter is greater than moving average 2 smoothed.
- CDR Tro Sell arrow confirmed by trend squeezer red.
Profit Target:
- 15 min (8-12) pips
- 30 min (9-13) pips
- 60 min (10-15) pips
- 240 min (15-20) pips
- day TF (25-30)pips
Stop Loss:
- 15 min (12-15) pips
- 30 min (15-18) pips
- 60 min (18-20) pips
- 240 min (20-25) pips
- day TF (30-35)pips
Note: Target profit and Stop loss depend on the currency and timeframe.
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