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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