Forex Traffic Scalping Strategy


Forex Traffic Scalping Strategy

This system is a trend following system with many filters for range market. One useful indicator that could filter traffic is the traffic light indicator. This system works on a 15-minute or higher. This system is applicable to major currency pairs.

Metatrader indicators;

  • Traffic lights indicator;
  • FDM Buy Sell Pressure;
  • FXDD filter indicator;
  • RCS Fibo
  • ASCtrend risk 4 is optional

Long Entry:

  • ASCTrend shows a buy arrow.
  • Traffic light 3 bars is color aqua.
  • FDM Buy Sell pressure is aqua.
  • FXDD filter at least 3 bars color aqua.

Short Entry:

  • ASCTrend shows a sell arrow.
  • Traffic light 3 bars is color brown.
  • FDM Buy Sell pressure is brown.
  • FXDD filter at least 3 bars is color brown.

Simple Option use only:

FDM Buy Sell Pressure and FXDD filter indicator with the same conditions.

Exit position in 15 min time frame options:

  • Take profit at 10-15 pips.
  • At the RCSFibo levels.
  • Ratio Stop loss 1:1
  • Place stop loss on the previous swing.

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