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Dragon Forex Scalping Strategy
This is a scalping strategy that uses more on MACD indicator with Exponential Moving Average or EMA that determines the currency trend. This is useful in a 15 minute timeframe or higher and works in any currency pairs.
Metatrader Indicators:
- T3 Dragon 2( 2, 4,2,5);
- All pivot;
- MACD (13, 27,1),
- MACD with EMA (6, 60,1,7).
Long Entry:
- T3 Dragon Blue confirmed by MACD (13,27,1) is greater than 0.
- MACD (MACD with EMA) is greater than 0.0002.
Short Entry:
- T3 Dragon Red confirmed by MACD (13,27,1) is less than 0.
- MACD (MACD with EMA) is less than 0.0002.
Exit position:
3 options to exit:
- T3 Dragon 2 change color,
- On the fibopivots levels.
- Profit target predetermined that depends by time frame and currency pairs.
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