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Hi Trader,

The best way to assess if a trading strategy is applicable on a certain timeframe is to test it. There strategies that work perfectly fine on the 1-minute chart but is useless on the 5-minute chart. There are strategies that work well on timeframes above 1-hour but would cause significant losses when used on the lower timeframes.

Moving averages are the one of the main indicators that traders use to identify trend direction and bias. Traders would often associate price being above a moving average or a moving average that is sloping up with a bullish trend. On the other hand, traders would also consider price below a moving average or a moving average that is sloping down as a down trend.

This strategy is a high probability trading strategy that allows traders to profit on trend resumptions on the lower timeframes. This strategy works best on the 1-minute and 5-minute chart as a scalping strategy. However, it could still work on the 15-minute chart as a day trading strategy still with good results.

Download This Strategy:
=>> https://forexmt4indicators.com/free-scalp-forex-trading-strategy/

All the best,
Tim Morris

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