Last updated: May 13, 2025

MT4 Forex Spectrum Scalping Strategy

This is a scalping system that follows the trend. This is based on the retracement on the HP-M15 indicator. This can work on a 15-minute or 30-minute timeframe. The currency pairs that are applicable to this system are EU, UCHF, GU, AU, GJ, and AJ.

Metatrader Indicators:

• HP-M15 indicator (12);
• HP-M15 indicator (16);
• Entry Exit indicator;
• Auto plotter pivots.

Long Entry:

• The buy arrow must appear to enter a position.
• The price must retrace on the MP-m15 lines.

Short Entry:

• The sell arrow must appear.
• The price must retrace on the MP-m15 lines.

Exit position options:

• At the opposite arrow.
• At the pivot point level.
• Place initial stop loss at the previous swing.