Simple Scalp Forex Scalping Strategy

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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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