15 Pips Free Forex Scalping System

A really accurate free forex scalping system that can be used on the 5 minute and 15 minute charts. It’s made up of 2 trading indicators, one for short-term trend direction and one for trade entry signals and simple stop-loss placement.

Chart Setup

Indicators: ArrowsAndCurves, BarTimer (shows time left to next bar), freescalpingindicator
Preferred time frame(s): 5 min, 15 min
Trading sessions: London, New York
Preferred Currency pairs: low spread major fx pairs (EUR/USD, USD/JPY, GBP/USD, AUD/USD)

Download

Download the 15 Pips Free Forex Scalping System.

Example: EUR/USD 15 Minute Chart

free-forex-scalping-system

As shown in the EUR/USD chart above, this system identified 6 trading opportunities. 2 Long signals and 4 short signals. 5 Trading positions were closed for 15 pips each and 1 short trade was closed for a 18 pips loss. Result: 57 pips gain.

Trading Rules

Buy Scenario:

  • Free forex scalping indicator draws green histogram (short-term bullish)
  • Blue up arrow (trade entry)

==> Go long at the open of the next candlestick and set profit target to 15 pips.

Stop-Loss: Place a stop-loss just below the lower green ArrowsAndCurves line.

Sell Scenario:

  • Free forex scalping indicator draws red histogram (short-term bearish)
  • Red down arrow (trade entry)

==> Go short at the open of the next candlestick and set profit target to 15 pips.

Stop-Loss: Place a stop-loss just above the upper green ArrowsAndCurves line.

Download The M1/M5 Forex Scalping Strategy Today!

This Incredible High Win Forex Scalping Strategy Will Trigger Only When There Is An Extremely High Chance Of A New Profitable Low Risk Trade To Take Place.

What are you waiting for? Start making pips today:

  • Up To 100 Pips Every Day
  • Works on all forex pairs and Bitcoin!
  • Low Risk Forex Scalping
  • Works on M1, M5 and UP