Last updated: May 9, 2025

Trap For The Price Forex Scalping Strategy

This is a strategy that is useful in a 1 minute chart and works in any currency pairs. This is a trend following system and indicators on how to identify trends are given. This is based retracement price into the bollinger trap.
This system is for the experienced traders.

Metatrader Indicators:

The Trap

• Bollinger Bands: (period 100, deviation 2 levels 1.0 2.0, 3.0, 4.0, 5.0 # -1.0, -2.0, -3.0, -4.0, -5.0 ;

Trend indicators:

• DeltaTrend1
• SHI Signal
• 2 MA Crossover For Entry and re-entry

Long Entry:

• DeltaTrend1 is green the trend is up.
• The price must break the last upper aqua band or the black upper band.
• The price must retrace into the trap bands color aqua and appears blue arrow (ma Crossover) Buy.
• The arrow is good entry only in the trap!

Short Entry:

• DeltaTrend1 is red the trend is up.
• The price must break the last lower aqua band or the black lower band.
• The price must retraces into the trap bands color aqua and appears red arrow (ma Crossover) Sell.
• The arrow is good entry only in the trap!

Exit Position:

• Exit at opposite arrow.
• Place stop loss at 10-12 pips.
• Profit target must be 6-12 pips.

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