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T3 MA Forex Scalping Strategy
This is a scalping strategy that is trend following and it uses a 5 minute or higher timeframe. It works on all major currency pairs. The rules of this system is simple though it looks like it is very complicated but to spot trading
signal is easy. We must know the indicators needed.
Forex Indicators:
- TW trend signal
- T3MA (5,7,9,11,13,15, blue) (17,19,21,23,25,29 Orange)
- JRSX
- Autopivot
Long Entry:
- T3MA blue must be greater than T3MA orange.
- TW trend signal and JRSX is greater than 50.
Short Entry:
- T3MA orange must be less than T3MA blue.
- TW trend signal and JRSX must be less than 50.
Exit Position:
- Get out of the trade when the price touches T3MA aqua or you can place stop loss at 10-15 pips. this is for buy.
- For Sell, Get out when the orice touches T3MA gold or you can place stop loss at 10-15 pips.
- Exit on pivot levels.
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