Trend Dynamic Index Forex Scalping Strategy

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Trend Dynamic Index Forex Scalping Strategy

This is a scalping strategy that uses a 5 minute timeframe or higher and is applicable to any currency pairs. It uses 4 indicators but it’s not really that hard to enter a trade for the rules are easy to understand. Just stick to the rules
and trading will be smooth.

Forex Indicators:

  • RealMACD (5. 15,1);
  • Stock Rainbow (1, 3)
  • Trend Dynamic Index (default)

Long Entry:

  • Green line TDI is greater than red and yellow line.
  • Real MACD is greater than 0.

Short Entry:

  • Green line must less than red and yellow line.
  • Real MACD is less than 0.

Exit Position:

  • Stochastic Rainbow was concentrated in oversold or overbought area.
  • Take profit at 6-12 pips depending on the currency pairs and place stop loss at 5 pips above or below the bar entry.

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