1-MINUTE SCALPING IN TREND

Тема в разделе "Trading Strategies", создана пользователем admin, 25 фев 2024.

  1. admin

    admin Administrator Команда форума

    1-MINUTE SCALPING IN TREND

    1-minute Scalping in Trend strategy trend following, This trading system aims to capitalize on short-term price movements by following trends. Here are the key components:

    Strategy Setup:
    ◦ Time Frame: 1 minute.
    ◦ Currency Pairs: Majors.
    ◦ Trading Session: Berlin.
    Metatrader 4 Indicators:
    ◦ Simple Moving Average (SMA) 21 (period, close).
    ◦ Simple Moving Average (SMA) 50 (period, close).
    ◦ Simple Moving Average (SMA) 144 (period, close).
    ◦ CCI Woodie (300 period, close).
    ◦ Pivot Points Levels.
    ◦ Symbol Changer.

    Screenshot_1.jpg

    Trading Rules
    ◦ Buy Conditions
    ▪ Candle price above the 150-period SMA.
    ▪ SMA 21 greater than SMA 50.
    ▪ SMA 21 greater than SMA 150.
    ▪ SMA 50 greater than SMA 150.
    ▪ CCI Woodie with a green bar.
    ▪ When the price is significantly distant from the second average, wait for a retracement.
    ◦ Sell Conditions
    ▪ Candle price below the 150-period SMA.
    ▪ SMA 21 less than SMA 50.
    ▪ SMA 21 less than SMA 150.
    ▪ CCI Woodie with a green bar.
    ▪ When the price is significantly distant from the second average, wait for a retracement.
    Additional Notes:
    ◦ For optimal entry, wait until the short moving averages (SMA 21 and SMA 50) cross above the slower one (SMA 150). If the price distance is large, consider waiting for a retracement.
    ◦ Exit Position:
    ▪ Set a stop loss above/below the previous swing high/low.
    ▪ Consider taking profit at pivot levels with a predetermined profit target or a stop-loss ratio of 1:1.2.

    Screenshot_2.jpg

    Screenshot_3.jpg
     

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