Forex Day Trading Strategy is simple and easy trading system trend following based on Dema indicator RLH2 Metatrader 4. The purpose of this strategy is find the intraday trend, this system is good for this purpose. Time frame 15 min or 30 min
This system is based on Metatrader charting. The tools needed are the following: 1. 15min EURJPY chart 2. Heiken Ashi 3. SMI [STOCHASTIC MOMENTUM INDEX by William Blau] First indicator window (Settings: 14,10,14,5) (Levels:+40,-40,0 4. Stochastic
Time sensitive method Pairs: Major with spread < 0.0001 (EUR/USD). This Trading System is only for ECN Brokers Accounts Rules for Scalp Pattern Strategy Setup: On 15 minute candlestick bars, look out for bullish or bearish engulfments. Entry