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15 Pips Forex Scalping System Free Download – High Win

The 15 Pips Forex scalper system is an excellent strategy to trade short-term trend reversals. This method consists of a trend line and a few indicators to predict where to buy and to sell in the fast-moving currency market.

How To Use The System:

First of all buy Setup.

  • Appears blue up arrow.
  • Free Scalping Indicator displays a green bar.
  • Opening the Long position on the next candle.
  • Take Profit of 15 pips.
  • Loss is set at the bottom of the green line indicator Arrows and Curves

Strategy To Use 15 Pips Forex Scalping System:

 

Long Entry Rules

Enter a buy order if the following chart or indicator pattern takes center stage:

  • If the price falls above the trend line after recording its latest lower highs, it signals a possible bearish reversal. Meanwhile, for the sake of the strategy, such highs are recorded i.e. the black horizontal line is drawn to depict this.
  • Price is higher hence a trigger to buy the pair of focus.
  • Stop for Buy Entry: Place the stop loss 2 pips below immediate support.

 

Exit Strategy/Take Profit for Buy Entry

  • Our target for this trade is 15 pips after confirming a breakout if conditions 1 & 2 are adequately met.
  • If the price falls below the trend line after Conditions 1 & 2 have been met, then an exit or take profit is advised.
  • If the deep pink line of the Volume Weighted MA.ex4 custom indicator crosses the blue line of the VR moving average.ex4 custom indicator top downward, it is a trigger to exit or take profit at once.

 

Sell Entry Rules

Initiate a sell in the market if the following holds true:

  • If price closes below the trend line after recording its most recent higher lows tested by the trend line, it signals a possible bullish reversal. Meanwhile, for the sake of the strategy, such lows are recorded i.e. the black horizontal line is drawn to depict this.
  • Price is downside, hence a trigger to sell the currency of focus.
  • Stop for Sell Entry: Place stop loss 2 pips above immediate resistance.

 

Exit Strategy/Take Profit for Sell Entry

  • The target for this trade is 15 pips after confirming a breakout if conditions 1 & 2 are fully met.
  • If price rises above the trend line after Conditions 1 & 2 have been met, then an exit or take profit is advised.
  • If the deep pink line of the Volume_Weighted_MA.ex4 custom indicator crosses the blue line of the vr_moving_average.ex4 custom indicator bottom up, it is a trigger to exit or take profit at once.

Download 15 Pips Forex Scalping System

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