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I-Gentor Forex Scalping Strategy
This is a scalping strategy that is useful in a 15 minute timeframe and is applicable to any currency pairs. This system uses an indicator I-Gentor to identify good entries with other indicators to support. This is comprehensive and profitable.
Metatrader Indicators:
- I-Gentor (LSMA and EMA);
- Support and Resistence indicator;
- Daily pivot.
Long Entry:
- The lines of I-Gentor (LSMA and EMA) are the same color (green)
- Support ad Resistance indicator are blue.
Short Entry:
- The lines of I-Gentor (LSMA and EMA) are the same color (red)
- Support ad Resistance indicator are red.
Exit position:
- Exit on the pivot levels
- Take profit at 7-14 pips depending on the currency pairs.
- The upper line of I-Gentor (LSMA and EMA) must change.
- Place stop loss at 15-20 pips.
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