15 Minute Scalping System
15 Minute MTF Scalping System
Entries (2 conditions!):
1) As a general rule, I enter a trade when RSI is between:
-70 and 80, but preferably above 80 if I go short, and
-20 and 10 but preferably below 10 when going long.
2) I also look at the candles pattern and enter ONLY if I see a trend reversal pattern.
Be careful, enter if BOTH 1) and 2) are present at the same time.
Targeting (or exits):
There are 3 indicators for a bit more accurate targeting that can be used for short
entry/exit: 5 and 20 LWMA, and parabolic SAR.
– After you open a trade, you should look for EITHER 5 OR 20 LWMA line, whichever
is first (usually, 20 MA is your first target, but there are situations when SAR is between
these 2 MAs.
– the next target after 5 and 20 MAs cross (be careful, IF they cross!) is parabolic SAR
(but sometimes 20 LWMA).
WHAT YOU WILL RECEIVE
Setup and Trading Rules MTF .pdf
You must log in and be a buyer of this download to submit a review.