Genesis, HFT, Bullseye Forex Scalping Strategy
This is a scalping strategy that is based on 2 filter indicator which is the Bullseye Forecaster and Genesis Matrix Indicators. This system is high frequency trading system for scalping. This system works best in a 15-minute timeframe and is applicable to all major currency pairs.
Metatrader indicators:
- HFT v.1 indicator;
- Bullseye Forecaster;
- Genesis Matrix indicator;
- Trend Bars;
- LV-Pivot Points levels.
- Trade Entry Points
Buy Signals:
- Arrow appears blue of the HFT Indicator.
- The price should be above the Bullseye Forecaster for a long trade.
- The Genesis matrix indicator should show 3 or 4 (not 1 or 2) blue boxes .
- Trend bars is GREEN.
- Enter on the close of the setup bar.
Sell Signals:
- Arrow appears red oh the HFT Indicator.
- The price should be above the Bullseye Forecaster for a long trade.
- The Genesis matrix indicator should show 3 or 4 (not 1 or 2) red boxes .
- Trend bars is purple.
- Enter on the close of the setup bar.
Exit position:
- HFT indicator target price.
- Target predetermined depends on currency pairs and time frame 5 mins. Timeframe (6-12 pips), 15 min time frame (8;16 pips);
- On the pivot points levels.
- Place stop loss at above the recent swing high on a sell trade and about 3 pips below the recent swing on a buy trade.
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