M15 Proven Scalping Strategy in Forex Trading

A scalping strategy on a 15-minute chart involves making quick trades to capture small price movements. The goal is to enter and exit positions rapidly, often within 15-min to max 2/3 hours, to accumulate small profits that can add up over time.

The setting up of this strategy is easy, use a combination of Exponential moving averages (EMA 20 & EMA 50) to identify trends. Next look for a crossover of the both EMA as a signal for a potential changing direction. When EMA 20 is above EMA 50, is a sign of up-trend, vise versa if the EMA 20 is below the EMA 50, it is a signal of down-trend.

Next wait for a long impulsive candles as a signal of strength, The body size of this candle can be seen obvious is much longer than the usual candles’ size. Enter your trade right after the impulsive candle closed.

Set a stop loss at 15 pips, and target a profit range of 15 pips too. As for the Risk and Reward ration for the trade are control in 1:1.

We hope this easy strategy will easily help you earn more and good luck to you. See you in next course.