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QQE Intraday Forex Scalping Strategy
This is a strategy that is uses a QQE indicator and other related indicators that support this system. It is useful in a 15 or 30 minute timeframe and works in any currency pairs.
Metatrader Indicators:
- QQE (3; 30);
- Trding Zone (Traders Zone with MACD Color);
- Bband Stop alert;
- 4H Support and resistance.
Buy Entry:
- BBStop alert Buy arrow.
- QQE is greater than the 50 line.
- MACD is greater than 0 line.
Sell Entry:
- BBStop alert Sell arrow.
- QQE is less than the 50 line.
- MACD is less than 0 line.
Exit position:
- At the level the 4h Support and Resistance;
- Bband Stop alert must change its direction;
- Profit Target predetemined.
- Place stop loss at 4 or 5 pips below the last low or above the last high or 16-22 pips.
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