15 Pips Forex Scalping System – very accurate trading system for scalping
15 Pips Forex Scalping System is very accurate trading system for scalping, which is intended to trade on the timeframes M5 and M15. This scalping system consists of only 2 main (ArrowsAndCurves, freescalpingindicator) and one additional (BarTimer) indicators, which makes this strategy is also very simple.
Characteristics of 15 Pips Forex Scalping System
- Platform: Metatrader4
- Currency pairs: Low spread major pairs
- Trading Time: European and American sessions
- Timeframe: M5 and higher
- Recommended broker: RoboForex, InstaForex, XM
Rules of the trade
Open Buy:
- Appeared blue up arrow.
- Free Scalping Indicator displays a green bar.
Open the Long position on the next candle.
Take Profit 15 pips.
Stop Loss is set at the bottom of the green line indicator ArrowsAndCurves.
Open Sell:
- Appeared red down arrow.
- Free Scalping Indicator displays a red bar.
Open the Short position on the next candle.
Take Profit 15 pips.
Stop Loss set at the upper of the green line ArrowsAndCurves indicator.
Very important! For a successful trade by this strategy as for the most of scalping systems are necessary currency pairs with as low spread, which is available on ECN accounts with zero spread by RoboForex.
In the archive 15_Pips_Forex_Scalping_System.rar:
- ArrowsAndCurves.ex4
- BarTimer.ex4
- freescalpingindicator.ex4
- 15 Pips Forex Scalping System.tpl
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