30m Falcon Strategy
A good strategy for beginners.
I recommend this strategy on forex pairs.
Requirements and Settings
Chart type: Heikin-Ashi, 30m time frame 1. Million Moves Algo Settings: Sensitivity 1.4 2. Million Moves CleanScalper Settings: Preset Manual, Standard settings Fast Setting 4 Slow Setting 14 Filter Length 40 3. 3EMA by hunganhnguyen1193 (free indicator, saves space) Settings: 1. First Length 50 2. Second Length 100 3. Third Length 150 Style / Coloring: 50 white - Thickness 1 100 blue - Thickness 2 150 red - Thickness 3
Entry Rules for Buy 🟩
1. Enter only at the candle after the Buy Signal We enter only after the signal candle fully closes at the second following candle. You can not enter the third or fourth candle. It has to be the candle directly after the buy signal. If the setup is not there at the candle with the signal, then you can not enter. You have to wait till the signal changes and then a new signal appears. 2. EMA's - The 150 EMA (red) must be at the bottom position. - The 100 EMA (blue) must be second - The 50 EMA (white) must be on top And the signal candlestick has to be above all 3 EMA lines. If it touches any of the EMA lines, it's not valid anymore. 3. CleanScalper The CleanScalper must be green. 4. RealOne TSI The RealOne TSI must be also green. The green line must be above the red line. 5. Stop-Loss Last 2-3 Candles or previous low
Entry Rules for Sell 🟥
1. Enter only at the candle after the Sell Signal We enter only after the signal candle fully closes at the second following candle. You can not enter the third or fourth candle. It has to be the candle directly after the buy signal. If the setup is not there at the candle with the signal, then you can not enter. You have to wait till the signal changes and then a new signal appears. 2. EMA's - The 150 EMA (red) must be at the top position. - The 100 EMA (blue) must be second - The 50 EMA (white) must be on top And the signal candlestick has to be below all 3 EMA lines. If it touches any of the EMA lines, it's not valid anymore. 3. CleanScalper The CleanScalper must be red. 4. RealOne TSI The RealOne TSI must be also red. The green line must be below the red line. 5. Stop-Loss Last 2-3 Candles or previous low
When to Exit
First Option
We exit with 100% at 1.5 Risk-Reward-Ratio
Second Option
We close 50% at 1.5 Risk-Reward-Ratio and move the stop-loss to breakeven and let it run. Use the built-in Tradingview function "Long Position" / "Short Position" for that. We exit when the CleanScalper changes the color or an opposite signal appears.
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