Free Forex Indicators (MT4), Trend Following Indicators

15 min Strategy

15 min Strategy is a short-term trend-following forex trading strategy. It has been developed to assist scalpers to achieve their trading success by identifying correct momentum and trend direction of the market. For its simplicity of use, newbie traders been widely accepting this strategy as their technical partner in their daily trading life.

15 min Strategy is usable to trade all kind of forex currency pairs at the market. Although, as a scalping strategy, this system fits best with M15 timeframe charts of your trading system.

15 min Strategy Overview:

After installing 15 min Strategy at your forex MT4 terminal, your trading chart will appear like the following image: 

15 min Strategy Overview
Time FrameCurrency PairsIndicator FactorsRatings
M15Any69.8/10

Also Read: The Best Forex Strategy Ever

15 min Strategy Anatomy: 

15 min Strategy Anatomy
  • 5 & 8 EMA: A 5 & 8-day Exponential Moving Averages have been added to this system as a trend identifying tool. Price above all the EMAs and 5 EMA are greater than 8 EMA signals the bullish trend is in progress. An opposite scenario represents the bearish status of the market trend.
  • QQE V3: This indicator signals the crossovers produced by the 5 & 8 EMA by plotting up/downward arrows around the price bar. 5 EMA greater than 8 EMA signals the bullish crossover. 8 EMA is greater than 5 EMA represents the bearish crossover of the market.
  • Heiken Ashi: One of the most popular forex trend indicators around the market. It turns yellow means the trend is bearish. Heiken Ashi in green color represents the bullish trend of the market.
  • MomentumVT: A very convenient momentum indicator which can be understood by traders of any level. Its value is positive when the momentum is bullish and turns negative to signal the bearish momentum of the market.
  • Dinapoli Stoch: An upgraded version of Stochastics Oscillator. %D (blue) moves above %K (red) with a value near 20 means the buy signal at the oversold condition of the market. An opposite crossover near its 80 level signals the sell entry at the overbought condition of the market.

15 min Strategy: Buy Parameters

15 min Strategy Buy Parameters
  • Price closes above all the EMAs of the strategy
  • QQE V3 signals the bullish crossover with its blue/upward arrow
  • Heiken Ashi turn green
  • MomentumVT turns positive
  • Dinapoli Stoch signals the oversold condition of the market with long entry
  • Buy triggers when the above conditions are met
  • Set stop loss below the EMA levels
  • Exit long/take profit whenever Heiken Ashi turns yellow 

15 min Strategy: Sell Parameters

15 min Strategy Sell Parameters
  • Price closes below all the EMAs of the strategy
  • QQE V3 signals the bearish crossover with its red/downward arrow
  • Heiken Ashi turn yellow
  • MomentumVT turns negative
  • Dinapoli Stoch signals the overbought condition of the market with short entry
  • Sell triggers when the above conditions are met
  • Set stop loss above the EMA levels
  • Exit short/take profit whenever Heiken Ashi turns green
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I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

2 thoughts on “15 min Strategy”

    • Most of the strategies out there are awesome. Our inability to follow it makes things go bad. Even a 21-period EMA can get a nice result. If you don’t believe me you can back test it. 🙂 So, have the right mindset (professional) and stay with the rules.

      Reply

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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