Advance Trendline Forex Scalping Strategy

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Advance Trendline Forex Scalping Strategy

This is a scalping strategy base on trednline trading. The rules here are easy to understand and it will give a clear entry on when to buy or sell. This system uses a 15 minute timeframe ans works in any pairs.

 Forex Indicators:

  • Doda Bollinger,
  • Heiken Asci,
  • Pivot, Support and Resistence
  • TrendLine

Rules:

  • Open a 1 hour chart and identify the trend using the indicator.

Long Entry:

  • The price must be above the trend line green.
  • Enter long position.

Short Entry:

  • The price must be below the trend line red.
  • After open the chart timeframe15 min, open a trade only in the direction of the trend of 60 min chart.

Exit position:

  • Take profit at 12-18 pips depending on the currency pairs.
  • You can also take take profit on the level pivots points.
  • exit when appears opposite dot.
  • Place Stop loss 2 pips above or below dots of Doda Bollinger indicator.

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