Advanced 15 Minute Forex Scalping Strategy

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Advanced 15 Minute Forex Scalping Strategy

This scalping strategy uses various indicators to catch a good entry. This works on a 15 minute timeframe and is applicable to any currency pairs. This strategy needs a lot of focus. By strictly following the rules, trades can be successful.

Metatrader Indicator:

  • Perky asctrend;
  • Laguerre;
  • MTF Psar;
  • SHI Channel Fast;
  • SHI Channel Force;
  • TrendStrength;
  • Demark indicator;
  • EJ Candle.

Rules of the Trade:

  1. Observe the large SHI channel for the direction of the trend.
  2. Use the small SHI channel trend and the Demark trend lines for the immediate direction of the trend.
  3. Snakeforce, Laguerre and Trend strength will show whether to go long or short.
  4. Perky indicator helps confirm in assisting the trend in conjunction with the fast channel indicator.
  5. The candle time indicator determines where you are in terms of the 15 minute candle.
  6. The Psar indicator helps you decide on moving your Stop in order to manage your trade.

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