Volatility Quality Forex Scalping Strategy

This is a scalping strategy that uses volatility indicators to identify a good. Other indicators are also used for support. This works on a 15-minute chart and is applicable to GBPUSD pair.
Time Frame 15 min

Metatrader Indicators:

• ultima bars (Lb 35);
• SD Price Bar
• Auto Pivot plotter;
• ultimate alert and arrows (volatility quality).
• Optional: add three moving average:

20 MA, 50MA, 200MA.
Trade only in direction of the trend.

20MA > 50MA > 200MA trend is Up.

20MA < 50MA < 200MA trend is down.

Long Entry:

• Buy Arrow must appear and confirmed by SD price bar (aqua color).

Short Entry:

• Sell Arrow must appear and confirmed by SD price bar (red color).

Exit Position:

• Exit at the opposite arrow.
• Take profit at the pivot levels.
• Target profit at 12 pips.
• Place initial stop loss at the previous swing.

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