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