Trading with 15 Minutes Time Frame Chart

Trading with 15 minutes time frame chart is very easy and very profitable trading strategy. In this trading system I used 3 kinds of method to identify or analyze entry trading position.

1. Identify the channel and then open trading position
SHI channel Forex custom indicator draws the channel lines, with SHI channel technical indicator we can easily determine the current trend with channel line. If the SHI channel line indicator sloping bullish, we will open buy trading position and if the SHI channel line indicator sloping bearish, we will open sell trading position.


Things to consider if you are using this trading system
- If SHI channel indicator is narrow, do not open trading position.
- If the market price trades beyond the SHI channel technical indicator forex, do not open trading position and hold your opened trading position, in this case you need to wait until the SHI channel indicator line formed.

2. Entry the market and exit the market
- We only open a trading position in the direction of the channel indicator
- I trend indicator - if the green line crossed the red line, open long trading position and if the red line crossed the green line open sell trading position.
- La Guerre Forex indicator - if the La Guerre custom Forex indicator trades above o.15 line, you can open buy trading position and if the La Guerre custom Forex indicator trades below the 0.75 line, you can open sell trading position.
- Juice indicator - green bar means that the market is in active market and red bar means that the market is in passive market.

- Perkyasctrend1 Forex custom indicator - pink dot represent that market is in bearish trend and blue dot represent that the market is in bullish trend.
- MA Moving average indicator is an additional trend indicator for this trading system. You can use this indicator for confirmation trading signal.
- Stop loss, because of Forex currency pairs have different trading range and different fluctuation, it would be better if you place your stop loss order based on risk and reward ratio, 1:2 risk and reward ratio. Or you can use the opposite trading signal to close your trading position or for exit.

Because we are using small time frame like 5 minutes time frame chart or 15 minutes time frame chart, so we need Forex broker company who has small spread and allow us to make pending order position.

3. Market's volatility
- you should focus on Juice forex trading indicator. We do not need to open trading position when the indicator suddenly change the color. Juice histogram indicator should be green when we are going to open a trading position.

Free forex indicators:
1. SHI_Channel
2. i_Trend
3. LAGUERRE
4. PerkyAsctrend1
5. Juice