15 Minute Forex Scalping Strategy

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1946

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Fifteen Minute Trading System

This system works on a 15 minute timeframe and can use all currency pairs.

Forex Indicators:

  • Slope Direction (40)
  • Trend Envelope (10)
  • MA Linear Weighted (5)

For a BUY entry:

  • The trend of white Envelope
  • Slope must be white and is under the MA line 5 (or under the candle)

For a SELL entry:

  • Trend Envelope color orange
  • Slope colored orange and MA5 is on the line (or on a candle)

Note:
Enter after signal
Red belt is a false signals and do not provide confirmation Slope
Green Belt is a good signal, with Target profit of 20 pips. Posted trailing stop maybe more than 20 pips.


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