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698# Two Arrows Scalping

Supertrend with LSMA

Pure Trend Following Scalping

Submit by Janus Trader

 

Two arrows scalping is a pure trend following strategy based on superTrend and LSMA. The strategy is configured for TradingView at the 5 minute time frame.
This is a simple and effective strategy suitable for beginners.

Two Arrows Scalping
Two Arrows Scalping

Strategy Setup
Time frame 5 minutes
Currency pairs: Majors, Indices and Gold.
Indicators TradingView
Dual LSMA (21, 50).
Pivot Supertrend (2, 3, 10).
Search for indicators in the TradingView public library and type the name of the indicators in the search box.

Trading Sessions 9:00 -22:00 GMT Berlin.
Trading rules
When two arrows are in the same direction open the position
Buy
Supertrend buy arrow
LSMA buy arrow
Sell
Supertrend sell arrow
LSMA sell arrow

Open up to 2 positions in the same direction as a Supertrend signal indication. In the second entry insert fast profit target. This secon entry is optional.
Exit position
Place stop loss belo / above the line of the Supertrend.
Exit position at opposite signals or with ratio stop loss 1: 1.15.

Examples of trades.

Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping
Two Arrows Scalping

The indicators are in the pubblic library of the TradingView.

Comments: 0
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File Format: PDF/Adobe Acrobat
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1. MA 9 below the MA 21