445# PFE Scalping High Frequency
Forex Scalping High Frequency
PFE Scalping High Frequency is a trend following forex strategy.
Time Frame 5 min or 15 min.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, USD/CAD.
Indicators:
Exponential moving average period 633, close;
Exponential moving average period 200, close;
Exponential moving average period 36, close;
Exponential moving average period 12, close;
PFE (10, 5, 10,10);
Pivot Points.
Trading Rules
Trade only in direction of the trend.
Up Trend only buy.
Down trend only sell.
Buy
12EMA>36EMA>200EMA>633EMA
PFE>0
Two typs of re-entry
Re-entry with the previous conditions (see pictures)
Re-entry when the price bounce on 200EMA or 633EMA but wait that 12EMA>36EMA.
Sell
12EMA<36EMA<200EMA<633EMA
PFE<0
Two typs of re-entry
Re-entry with the previous conditions (see pictures)
Re-entry when the price bounce on 200EMA or 633EMA but wait that 12EMA<36EMA.
Make profit on the pivot points, but with 15 min time frame pivot is a option.
Fast profit target (example: 5 min Time Frame EUR/USD 7 pips, AUD/USD 7 pips, GBP/USD 10 pips)
Stop loss for sell 6 pips above 36EMA, for buy 6 pips below 36EMA.
In the pictures PFE Scalping High Frequency.