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Rubicon Forex Scalping Strategy
Rubicon strategy is a scalping strategy where in you can find multiple setups. It works in a 15 and 30 minute timeframe ans is applicable to currency pairs with low spreads.
List of set ups:
- All conditions must be met and there must be a green signal line must be placed is the chart.
- Buy signal can be noticed if green line is above the current price, and if it below, then it is a sell signal.
- Putting stop orders on green lines can help you do the trade automatically without frequently checking on the charts.
- There may be a trade setup initiated if the yellow arrow is plotted on the active bar at the exact moment when the price breaks through the green signal line.
- There will be an automatic SL and TP plots when the green line is broken. Just adjust your SL and TP based on the indicators’ advice.
Buy Entry:
- Rubicon arrow buy filtered by raush trend green or dark green bar.
Sell Entry:
- Rubicon arrow sell filtered by raush trend orange or red bar.
Exit Position:
- Exit 3 pips prior to the determined target.
- Place stop loss at 18- 25 pips.
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