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Damiani Volameter With I-Trend Forex Scalping Strategy
This is a scalping a strategy that uses Damiani Volameter indicator and this indicator is useful in forex market. This works in a 15 minute timeframe in a EURUSD pair. Take note that you have to draw a horizontal line on the indicators at level 0.001. This system also help you avoid false signals by using the robust filtering with the horizontal line on I-trend.
Metatrader Indicators:
- MA_AngleZeroSigMa.
- Spread_Hi_Lo_v1a.
- Pivot auto
Buy Entry:
- Price must close above MA-Angle Zero.
- I-Trend line Green is greater than red line.
- Red line is greater than horizontal line (level 0,001)
- Damini Volameter green line is greater than white line.
Sell Entry:
- Price must close below MA-Angle Zero.
- I-Trend red line is greater than green line.
- Green line is greater than horizontal line (level 0,001).
- Damini Volameter green line is greater than white line.
Exit Position:
- When I-Trend retrace below 0,001;
- At the level of the pivots
- Profit Target predetermined, or ratio 1:1.2 stop loss.
- Place stop loss on the previous swing.
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