Trend Friend Forex Scalping Strategy

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Trend Friend Forex Scalping Strategy

This is a scalping strategy that is useful on a 15-minute, 30-minute and 1-hour timeframe. This is applicable in all major currency pairs. This system is effective during Berlin session using a 15 and 30-minute timeframe and all sessions if it is used in a 1-hour timeframe.

Metatrader Indicators:

  • Trend Filter,
  • SDX TZ Pivots,
  • FXI Trix ( 9, 8),
  • STO JMA (with moving average 11 ),
  • Trend Friend Follow (MACD EMA 1, EMA 2).

Long Entry:

  • The FXI trix must appear and a buy arrow shows up to confirm.
  • STO JMA must cross upward.
  • Trend Filter with green circle on the same time frame or higher,
  • Trend Friend three arrows green on the same time frame and 2 or 3 arrows green on the next time frame.

Short Entry:

  • The FXI trix appears and a sell arrow shows up to confirm.
  • STO JMA must cross downward.
  • Trend Filter with red circle on the same time frame or higher,
  • Trend Friend three arrows red on the same time frame and 2 or 3 arrows red on the next time frame.

Exit Position:

  • Time Frame 15-30 min at the levels of the SDX pivot points.
  • Target profit of a 1-hour timeframe is at 12-18 pips.
  • Place an initial stop loss on the previous swing or at 20 pips.

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