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Forex M5 Time Frame Scalping Strategy with Snake Force Border Channel System


Forex Scalping Strategy M1, M5, M15 Time Frame with Snake Force Channel System –  But this “Snake Force Border Channel System” work best 4H time frame.  I find 4H time frame really takes the stress out of it and it has improved my patience exponentially.

  • Time Frame: M1, M5, M15, or higher
  • Currency pairs: EURUSD and GBPUSD

 

MetaTrader Trading Indicators
  • Snake Force
  • Snake Border
  • Price Channel Stop
  • Magnified Market Price
  • Commodity Channel Index
  • Status Monitor

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • Snake Force green color bars
  • Snake Border blue color
  • Price Channel Stop blue color
  • Commodity Channel Index line above 50 level

 

SELL Rules

  • Snake Force red color bars
  • Snake Border red color
  • Price Channel Stop magenta color
  • Commodity Channel Index line below -50 level

 

Trading NOTES
  • Initial stop loss on the previous swing
  • Profit Target predetermined depends on the time frame and currency, or with Risk Reward Ratio 1:3 stop loss

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