Prediction Forex Scalping Strategy


Prediction Forex Scalping Strategy

This is a scalping strategy that uses Forex Prediction indicator for confirmation of entry position in the market. This indicator is a probability meter. This system works on a 5 and 15-minute timeframe. This is applicable to any currency pairs. Trade only in the direction of the trend.

Metatrader Indicators:

  • Exponential moving average ( 10, open);
  • Exponential moving average (30, open);
  • Exponential moving average (50, open);
  • BrianTrend 2sig;
  • Forex prediction.

Buy Entry:

  • Brian Trend arrow to buy;
  • 10 EMA is greater than 30 EMA and 50 EMA.
  • Forex Prediction confirms an uptrend through the moving averages.

Sell Entry:

  • Brian Trend arrow to sell;
  • 10 EMA is less than 30 EMA and 50 EMA;
  • Forex Prediction confirms a downtrend through the moving averages.

Exit position:

  • On the pivot daily levels or with profit target predetermined.
  • Place initial stop loss at 15-25 pips.

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