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SIMPLE SCALPER
This system works for EURUSD, AUDUSD, and GBPUSD in a 5 minute timeframe.
Forex Indicators:
- Time zone trading;
- BuySell
- Direction
- Laguerre RSI
- FDM
Rules for LONG entry:
- BuySell green arrow confirmed by direction green arrow
- FDM green
- Laguerre RSI must be greater than 40.
Rules for SHORT entry:
- BuySell red arrow confirmed by direction green arrow
- FDM green
- Laguerre RSI is greater than 40.
To exit the position, rules must be met. Exit the trade when BuySell indicator reverse.
The recommended Target profit must be 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD.
Set Stop Loss: for buy, on Cyan arrow direction; for sell, in red arrow direction.
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