Range Factor Forex Scalping Strategy


Range Factor Forex Scalping Strategy

This is a scalping strategy that uses a 15 minute timeframe and works in all major pairs. The indicators used are not so complicated. It uses ZDN indicator to identify the trend. To use this, you must know and trade in the
direction of the trend.

Forex Indicators:

  • ZDN;
  • bollinger bands(20 ,2)
  • signal line 13 an 21;
  • pivot;
  • DM range Factor;
  • Bar Trend.

Long Entry:

  • The price must go at the bottom or out of the lower bands.
  • There must be an uptrend signal line aqua. At Zdn aqua,
    range factor sloping up.

Short Entry:

  • The price must go at the top or out of the higher bands.
  • There must be a downtrend signal line red,at_Zdn red,range factor sloping up.

Exit Position:

  • Signal line must change change color.
  • At the level of the pivots;
  • Profit Target predetermined, or ratio 1:2 stop loss;
  • (Profit Target Predetermined: EUR/USD 15 pips; AUD/USD 12 pips; GBP/USD 18pips.)
  • Stop loss on the previous swing.

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