1 Minute Forex Scalping Strategy With CCI And Slope Indicator
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This forex trading strategy is called the 1 Minute Forex Scalping Strategy With CCI And Slope Indicator . It is a simple forex scalping strategy.
Charts Setup:
- Here are the indicators needed for the strategy:
- CCI (35 period)
- Slope-direction-line (Click the link below to Download:)
[sociallocker] Slope-direction-line [/sociallocker]
- Timeframe required: 1 minute
- Trading Session: London or US
- Currency Pairs to Trade: GBPUSD, EURUSD, USDJPY, GBPJPY, AUDUSD, USDCAD, EURJPY
Buy Signal:
- slope direction line is blue
- price must be above the slope direction line indicator
- CCI indicator line be greater than +100
- place stop loss 2 pips below the rising slope line
- set your take profit targets at 10-20 pips
Sell Signal:
- slope direction line is red
- price must be below the slope direction line indicator
- CCI indicator line be >-100
- place stop loss 2 pips above the rising slope line
- set your take profit targets at 10-20 pips
Trade example:
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