1 Minute Forex Scalping Strategy With CCI And Slope Indicator

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:

1. slope direction line is blue
2. price must be above the slope direction line indicator
3. CCI indicator line be greater than +100
4. place stop loss 2 pips below the rising slope line
5. set your take profit targets at 10-20 pips

Sell Signal:

1. slope direction line is red
2. price must be below the slope direction line indicator
3. CCI indicator line be >-100
4. place stop loss 2 pips above the rising slope line
5. set your take profit targets at 10-20 pips

Trade example: