15M High low scalping strategy

[impossible00]

Here is the details: I am currently trying it i will post results.

Check previous candle high value.
Place pending buy order at 5 pip above previous M15 closed candle,
Check previous candle low value.
Place pending sell order at 5 pip bellow previous M15 closed candle,
When pending hit then opposite pending order will automatic cancelled
if sell/buy pending order not reached the target, then wait for the next 15min candle and cancel previous Buy and Sell pending order.
Time Frame = M15.
Lot Size = 1
Take profit = 2 pip
Stop Loss = 3 pip (from sell and buy price)
Trailling = 1 pip

[dollar19]

Here is the details: I am currently trying it i will post results.

Check previous candle high value.
Place pending buy order at 5 pip above previous M15 closed candle,
Check previous candle low value.
Place pending sell order at 5 pip bellow previous M15 closed candle,
When pending hit then opposite pending order will automatic cancelled
if sell/buy pending order not reached the target, then wait for the next 15min candle and cancel previous Buy and Sell pending order.
Time Frame = M15.
Lot Size = 1
Take profit = 2 pip
Stop Loss = 3 pip (from sell and buy price)
Trailling = 1 pip

trailling stop 1pips is not possible in normal if we dont have any kind of EA.
second think 2pips is very less. if we modify it than we can made take profit 5pips.

[dollar19]

Here is the details: I am currently trying it i will post results.

Check previous candle high value.
Place pending buy order at 5 pip above previous M15 closed candle,
Check previous candle low value.
Place pending sell order at 5 pip bellow previous M15 closed candle,
When pending hit then opposite pending order will automatic cancelled
if sell/buy pending order not reached the target, then wait for the next 15min candle and cancel previous Buy and Sell pending order.
Time Frame = M15.
Lot Size = 1
Take profit = 2 pip
Stop Loss = 3 pip (from sell and buy price)
Trailling = 1 pip

trailling stop 1pips is not possible in normal if we dont have any kind of EA.
second think 2pips is very less. if we modify it than we can made take profit 5pips.

[jnik]

choosing 15 minutes TF is good for doing scalping, and maybe we just need less than 5 minutes to scalp in forex market. while we need to prepare our self stand by online with our meta trader.

[casual]

this strategy is looks simple but actually need good internet connection because if our order requote because connection problem, we will loss a good momentum. but although have good internet connection, I will not use this system as my trading strategy because not able to lead us generate maximum profit.

[petrelsea70]

actually need good internet connection because if our order requote because connection problem, we will loss a good momentum. but although have good internet connection, I will not use this system as my trading strategy because not able to lead us generate maximum profit.TF is good for doing scalping, and maybe we just need less than 5 minutes to scalp in forex market. while we need to prepare our self stand by online with our meta trader.