15 min forex scalping with Parabolic SAR, 200 EMA, MACD and Stochastic

15 min forex scalping with Parabolic SAR, 200 EMA, MACD and Stochastic is a trend momentum strategy.
Time Frame 15 min.
Currency pairs: GBP/USD, GBP/JPY, USD/CAD, EUR/NZD, USD/JPY, EUR/USD, AUD/USD.
Trading sessions: any.
Forex indicators
200 EMA, close long term trend indicator.
Parabolic Sar (0.005 – 0.05).
Slow MACD (24, 48, 12).
Stochastic Oscillator ( 5,3,3 with levels 40 and 60) determine the time for entry.
Trading Rules
Buy
Price above 200 EMA.
Parabolic Sar dot below the candle.
Slow MACD histogram above zero line.
Stochastic crosses upward 60 level.
Max two entry in the same direction this is a choice discretionary.
Profit target 12-20 pips depends by pairs.
Place initial stop loss 1 pip below the Parabolic SAR dot or 15-20 pips.
Sell
Price below 200 EMA.
Parabolic Sar dot below the candle.
Slow MACD histogram below zero line.
Stochastic crosses downward 40 level.
Max two entry in the same direction this is a choice discretionary.
Profit target 12-20 pips depends by pairs.
Place initial stop loss 1 pip above the Parabolic SAR dot or 15- 20 pips.
In charts below random trades examples.
15 min forex scalping with Parabolic SAR, 200 EMA, MACD and Stochastic

15 min forex scalping with Parabolic SAR, 200 EMA, MACD and Stochastic

15 min forex scalping with Parabolic SAR, 200 EMA, MACD and Stochastic

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