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Rockwell Forex Scalping Strategy
This is a kind of scalping strategy wherein trend following is the basis of the trade. This system used laguerre and SSL indicator. Use this strategy on a 5-minute chart. This is very useful to EURUSD and GBPUSD pairs but it depends on the spread. The lower the better.
Metatrader Indicators:
- Delta Trend
- Lagurre 0.75 (level 0.3 and 0.7);
- SSL (Lb 5);
- Heiken Ashi
Long Entry:
Delta trend show a buy arrow.
Laguerre indicator is greater than > 0.7.
The price must be above the SSL.
Short Entry:
- Delta trend shoes sell arrow.
- Laguerre indicator is less than 0.3.
- The price must be below the SSL.
Heiken Ashi is red.
Exit Position:
- Take profit at EUR/USD for 7 pips. GBP/USD for just 9 pips.
- Set initial stop loss for 12-15 pips.
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