425# Scalping FX Traffic
Scalping FX Traffing Intraday System
Submit by Sam 27/01/2014
Scalping FX Traffic is and trend following strategy with many filters for sydeways market. The filter indicator more important is Traffic light indicator.
Time Frame 15 min, or higher.
Currency pairs: any.
Metatrader indicators;
Traffic lights indicator;
FDM Buy Sell Pressure;
FXDD filter indicator;
RCS Fibo
ASCtrend risk 4 is optional
Rules for Scalping FX Traffic
Long entry
ASCTrend Buy arrow confirmed by:
Traffic light 3 bars acqua color;
FDM Buy Sell pressure acqua ;
FXDD filter at least 3 bars aqua color.
Short entry
ASCTrend Sell arrow confirmed by:
Traffic light 3 bars brown color.
FDM Buy Sell pressure brown
FXDD filter at least 3 bars brown color.
Simple Option use only:
FDM Buy Sell Pressure and FXDD filter indicator with the same conditions.
Exit position 15 min time frame options:
take profit 10-15 pips.
At the RCSFibo levels.
Ratio Stop loss 1:1
Stop loss on the prievious swing.
In the picutures Scalping FX Traffic in action.
Share your opinion, can help everyone to understand the forex strategy
Helmut (Monday, 28 April 2014 11:25)
Hi Sam , thanks for this nice system . I trade M5 so I have changed the Traffic indicator settings : tf1 : 1440 ; tf2 : 240 ; tf3 : 60 ; tf4 : 30 . However trade always follow the main trend of M15.
What do you think?