Bulls Eye Forecast Forex Scalping Strategy

There are various indicators used in this scalping strategy but the main indicator is the bulls eye forecast. This is useful in a 15 minute to 1 hour timeframe. This system is applicable to any major currency pairs.

Metatrader Indicators:

• Arrow
• Bulls Eye Forecast
• Market Strength
• Pivot

Long Entry:

• Enter long on a green arrow signal.
• Check the average over market strength indicator is trending up for last 2 bars.
• The price is above Bulls Eye Forecast indicator.

Sell Entry:

• Enter sell on red arrow signal.
• Check the average (gray Line) over market strength indicator is trending down for last 2 bars.
• The price is below Bulls Eye Forecast indicator.

Exit Position:

• At position at opposite arrow or on the pivot levels
• Stop loss on the previous Swing
• Take profit at 8 -20 pips depending on the currency pairs and time frame.

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