Simple Secret Forex Scalping Strategy

This is a trend following scalping trading system. It also works by analyzing wave direction. This strategy works on a 5 minute timeframe and is applicable to major currency pairs.

Forex Indicators

• Time zone trading;
• Pivot lines;
• 1 – T3 Dragon 1 (0, 1, 0, 2) ( Green bar = Up trend, Buy Signal. Red Bar = Down trend, Sell Signal.
• Setting t3 Dragon1 (0, 1, 0, 2)
• Volatility Meter

Trend Filter (RSI 56) (25; 75),

Signals generated by this indicator are:

• Up Trend = Green Bars = Buy Signal
• Down Trend = Red Bars = Sell Signal

Arrow

Signals generated by this indicator are:

• red arrow = sell signal,
  Green arrow = buy signal

When Volatility is greater than 0.00025, a signal then is valid to buy or sell.

Buy Signal:

• T3 Dragon 1 must show green Green Candles.
• Trend Filter RSI Signal has green bar.
• Volatility meter is greater than 0.0025 Line.

Sell Signal:

• T3 Dragon 1 must show red Candles.
• Trend Filter RSI Signal has red bar.
• Volatility meter is greater than 0.0025 Line.

Stop Loss:

• Fractals or arrows is used to determine stop loss.
• SL should be 5 pips above the previous swing for short position and 5 or 10 pips below the entry arrow for long position.

Targets Profit:

• Use a specific fixed number (levels pivot) or an profit target predetermined 9 or 15 pips.
• Close each trade manually when you see an opposite Arrow.

Recommended MT4 Broker

XM Broker

• Free $50 To Start Trading Instantly! (Withdraw-able Profit)
• Deposit Bonus up to $5,000
• Unlimited Loyalty Program
• Award Winning Forex Broker
• Additional Exclusive Bonuses Throughout The Year
• Exclusive 50% Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 50% Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐

Click here below to download:

Save

Save

Get Download Access