Volatility Quality Forex Scalping Strategy

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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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