MT4 Forex Spectrum Scalping Strategy


MT4 Forex Spectrum Scalping Strategy

This is a scalping system that follows the trend. This is based on the retracement on the HP-M15 indicator. This can work on a 15-minute or 30-minute timeframe. The currency pairs that are applicable to this system are EU, UCHF, GU, AU, GJ, and AJ.

Metatrader Indicators:

  • HP-M15 indicator (12);
  • HP-M15 indicator (16);
  • Entry Exit indicator;
  • Auto plotter pivots.

Long Entry:

  • The buy arrow must appear to enter a position.
  • The price must retrace on the MP-m15 lines.

Short Entry:

  • The sell arrow must appear.
  • The price must retrace on the MP-m15 lines.

Exit position options:

  • At the opposite arrow.
  • At the pivot point level.
  • Place initial stop loss at the previous swing.

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