Dragon Forex Scalping Strategy

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Dragon Forex Scalping Strategy

This is a scalping strategy that uses more on MACD indicator with Exponential Moving Average or EMA that determines the currency trend. This is useful in a 15 minute timeframe or higher and works in any currency pairs.

Metatrader Indicators:

  • T3 Dragon 2( 2, 4,2,5);
  • All pivot;
  • MACD (13, 27,1),
  • MACD with EMA (6, 60,1,7).

Long Entry:

  • T3 Dragon Blue confirmed by MACD (13,27,1) is greater than 0.
  • MACD (MACD with EMA) is greater than 0.0002.

Short Entry:

  • T3 Dragon Red confirmed by MACD (13,27,1) is less than 0.
  • MACD (MACD with EMA) is less than 0.0002.

Exit position:

3 options to exit:

  • T3 Dragon 2 change color,
  • On the fibopivots levels.
  • Profit target predetermined that depends by time frame and currency pairs.

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