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.
Recommended MT4 Broker
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
- Exclusive 50% Cash Rebates for all Trades!
Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐
Click here below to download: