Neural Networks Forex Scalping Strategy
This is a scalping system that a revisited system of the neuro trend trading system and it has a new indicator called jaimo-jma. This system works on a 15-minute timeframe and can be used to any major currency pairs
Metatrader indicators:
- Neurotrend indicator,
- Jaimo-Jima indicator (setting default),
- RSX indicator(12 period),
- Pivot Points Level.
Buy Entry:
- Neuro Trend into the bands Jaimo Jma.
- Blue line Jaimo Jma indicator is greater than the red line.
- RSX indicator is color green.
Sell Entry:
- Neuro Trend into the bands Jaimo Jma.
- Red line Jaimo Jma indicator is greater than the blue line.
- RSX indicator is color green.
Exit position:
- Target profit is 8-12 pips.
- On the Pivot Points Level.
- Set initial stop loss of 5 pips above or below entry bar.
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