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Simple Volatility Forex Scalping Strategy
This scalping system is based on the volatility indicators and EMA. This EMA indicators helps to identify trends. This is useful in a 15 minute or 30 minute timeframe. This system works on any currency pairs.
Metatrader Indicators:
- Volatility indicator (with moving average 5 period);
- Exponential Moving Average (EMA 11);
- Exponential Moving Average (EMA 30);
- Pivot Points Levels.
Long Entry:
- Filter 11 EMA is greater than 30 EMA.
- When 5 EMA is greater than the Volatility indicator above the the level.
Short Entry:
- Filter 11 EMA id less than 30 EMA.
- 5 EMA must be less than Volatility indicator above the level.
Exit Position:
- Take Profit at 8-15 pips or Pivot Levels.
- Stop Loss on the previous swing.
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