Forex Trend Direction Scalping Strategy

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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.

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