Open Volatility Forex Scalping Strategy

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Open Scalping Volatility

This is a scalping strategy where you use all major currency pairs in a 5 minute timeframe. Indicators are listed below to make the strategy much effective.

Forex Indicators:

  • nonlagdot?
  • Volatility Pivot Open?
  • precentualzz_victor
  • PriceTrigger

For LONG entry:

  • If Price trigger == (1)
  • The candle is above the trigger opens ABOVE the orange volatility pivot you can buy.

For SHORT entry:

  • If Price trigger == (-1);
    The candle is above the trigger opens BELOW the orange volatility pivot you can sell.

There are various rules on when to exit the position:

  • Exit at the opposite Price trigger signal.
  • Trail stop using the volatility pivot indicator.
  • Exit when a candle closes with an opposite nonlagdot- Wait for the candle to close with a red non lag dot if we go long.
    – Wait for a closed candle with a blue non lag dot if we go short.

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