In this blog I am going to be sharing best forex scalping indicator. This Trend Scalping Indicator is a trend momentum trading system based on smoothed Heiken Ashi by trend power momentum indicator. This set-up will best suit Scalpers.
Buy Trading Rules.
- When a Green color arrow is appear on the chart.
- Stochastic colored candles Blue color.
- Trend Power bars Black color or Grey.
- Scalper MA Blue color.
- If this condition is fulfilled then we will place buy order.
- Stop loss should be placed bottom of arrow candle.
- Close trade when price reach next resistance level.
Sell Trading Rules.
- goog_1066581731When a Red color arrow is appear on the chart.
- Stochastic candles Red color.
- Trend Power bars Red color or Brown.
- Scalper MA Red color.
- If this condition is fulfilled then we will place sell order.
- Stop loss should be placed on top of arrow candle.
- Close trade when price reach next support level.
- For Scalping, it works great on 5 minutes & 15 minutes timeframes.
- Also avoid trading during news release time.
- Best trading time european sessions and new york sessions.
- This Indicator System can be used on any currency pair.
Hello Trader, My name is Ankush. On the blog "AM Trading Tips" contains Indicators and Trading Systems for Forex and Binary options. With a variety of trading (Forex and Binary indicators,trading strategies for different trading styles,and also Expert Advisors) that can be absolutely free
ConversionConversion EmoticonEmoticon