In this blog I am going to be sharing best forex scalping indicator. This Trend Scalping Indicator is a trend momentum trading system based on smoothed Heiken Ashi by trend power momentum indicator. This set-up will best suit Scalpers.
Buy Trading Rules.
- When a Green color arrow is appear on the chart.
- Stochastic colored candles Blue color.
- Trend Power bars Black color or Grey.
- Scalper MA Blue color.
- If this condition is fulfilled then we will place buy order.
- Stop loss should be placed bottom of arrow candle.
- Close trade when price reach next resistance level.
Sell Trading Rules.
- goog_1066581731When a Red color arrow is appear on the chart.
- Stochastic candles Red color.
- Trend Power bars Red color or Brown.
- Scalper MA Red color.
- If this condition is fulfilled then we will place sell order.
- Stop loss should be placed on top of arrow candle.
- Close trade when price reach next support level.
- For Scalping, it works great on 5 minutes & 15 minutes timeframes.
- Also avoid trading during news release time.
- Best trading time european sessions and new york sessions.
- This Indicator System can be used on any currency pair.
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