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Gelombang Forex Scalping Strategy
This is a scalping system that uses a 15 minute timeframe and works on any currency pairs. This strategy uses more on EMAs or exponential Moving Average and other familiar indicators that supports the EMA.
Forex Indicators:
- fast ema’s (2-3-4-5-6-7-8)
- Pivot Point
- slow ema’s (15-16-17-18-19-20)
- Bbflat cw
- Heiken Ashi SW
- RSI Filter (9 Current Time frame)
- Non lag ma 7.1 (8)
Long Entry:
- Non lag MA must break the upper band.
- Heiken Ashi and RSI filter are blue.
Short Entry:
- Non lag MA must break the lower band.
- Heiken Ashi and RSI filter are red.
Exit Position:
- Stop loss on the previous swing.
- Profit Target predetermined, or ratio 1:1.5 stop loss.
- Take profit at 15 pips at 15 pips for EURUSD, 12 pips for AUDUSD, 18 pips for GBPUSD, 17 pips for EURJPY and 20 pips for GBPJPY.
- Exit also at the levels of the pivots points.
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