QQE With Ichimoku Forex Scalping Strategy
This is a strategy that uses the combination of QQE and Ichimoku with EMA. EMA is used to identify trend. This is useful on a 1-minute, 5-minute, and 15-minute time frames and works on any currency pairs.
Forex Indicators:
- exponential moving averages (35 EMA high)
- exponential moving averages (35 EMA low)
- exponential moving averages (200 EMA close)
- Ichimoku indicator
- I Numbers
- QQE indicator (5 smoothing with two exponential moving averages: 11 LW and 34 EMA)
Long Entry:
- The price is above EMA 200.
The price is above the channel.
- The channel must be above the EMA 200
- The price must be above the Ichimoku cloud indicator.
- The QQE indicator must be above the red and green line.
- Place stop loss at the previous swing
- Take profit at 10-15 pips.
Short Entry:
- The price is below EMA 200.
- The price is below the channel.
- The channel must be below the EMA 200.
- The price must be below the Ichimoku cloud indicator.
- The QQE indicator must be below the red and green line.
- Place stop loss at the previous swing.
- Take profit at 10-15 pips.
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