Janus Forex Scalping Strategy

October 24, 2016

823

Janus Forex Scalping Strategy

This strategy is based on the strength currency pairs and the trend intraday. This works on a 15-minute timeframe. Use currency pairs that have a maximum 3 pips of spread.

Metatrader Indicators:

XPS V. 8 Trend bars;
Indicator 1 ( Trend arrow);
ATR Projection;
Financial banks;
Support Resistance Level;
Currency Heat Map;
XPS V. 8 Oscillator.

General Rules:

First step:

Search the best currency pairs on which to trade using a Currency Heat Map.
Strong currency / Currency Weak.
Currency Strong Currency Heat Map have more green rectangles on both H1 and H4.
Weak currency Currency Heat Map have more red rectangles on both H1 and H4.

Second Step:

Trade in the direction of the trend intraday.

Long Entry:

Arrow is Dodger Blue.
XPS V8 trend bar is Dodger blue;
XPS V 8 Oscillator bar is Dodger blue;
Do not trade in Blue Zone.

Short Entry:

Arrow is Dodger Blue;
XPS V8 trend bar is Dodger blue;
XPS V 8 Oscillator bar is Dodger blue;
Do not trade in Red Zone.

Exit Position:

Place initial stop loss on the previous swing.
Take profit at the opposite arrow or at the level of support/resistance.
Target profit is predetermined (example ratio 1:1 stop loss).

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