Forex Trend Direction Scalping Strategy

0
1576

Last updated:

Forex Trend Direction Scalping Strategy

This is a scalping intraday trading system that is useful in a 15 minute timeframe. It works on any currency pairs. There are indicators used in this strategy to identify the trend.

Metatrader Indicators:

  • EMA 11 period,
  • LWMA 21 period;
  • Indicator 02;
  • RSI Filter (14 period);
  • RBCI Filter;
  • Solar Wind (10 period);
  • Solar Wind (21 period);
  • Probability Meter.

Long Entry:

  • EMA 11 must cross up LWMA 21 and at least 3 bar indicators are green.

Short Entry:

  • EMA 11 must cross down LWMA 21 and at least 3 bar indicators are red.

Note: For a conservative trading method all 4 bar indicators are of the same color.

Exit Position:

  • There must be a reversal position of 2 indicators.
  • Place Stop loss at the previous swing.

Level up your trading

Learn to read the chart — not just the indicator

eBook · Instant PDF

The Candlestick Playbook
Read and trade 40+ candlestick patterns — with exact entries, stops and exits.

Video Course · 12 modules

The Price Action Masterclass
Read clean charts the no-indicator way — pin bars, support & resistance, entries and exits.

Recommended MT4/MT5 Brokers

XM
  • ✓ *FREE *$50 to start (withdrawable)
  • ✓ Deposit bonus up to $5,000
  • ✓ Negative balance protection

Open XM account →

FBS
  • ✓ Micro lot support
  • ✓ Automated position sizing
  • ✓ Free demo account

Open FBS account →

FXOpen
  • ✓ Advanced order types
  • ✓ Copy trading available
  • ✓ 100+ indicators

Open FXOpen account →

Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.

Forex Strategy Download:

Download below


Enter Your Email Address below, download link will be sent to you.

Get Download Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here