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One Minute Scalping System
This system uses a mnute timeframe in all major pairs.
Indicators needed for this system are listed below:
- 120MA
- 55MA
- Bollinger Bands (120; 1)
- Bollinger bands (120; 2)
- Bollinger Bands (120; 3)
- HADM
- SMA: fast (3,5,7,9,11,13), slow (21,24,27,30,33,36)
- Fisher (200, 0.3, 0.3)
- Fischer (0.3, 0.3)
For LONG entry:
- Fischer is blue
- 55SMA is greater than 120SMA,
- SMA fast is greater than SMA Slow
- HDMA blue.
For SHORT entry:
- Fischer is red
- 55SMA is less than 120SMA
- SMA fast is less than SMASlow
- HDMA blue.
Exit position when HDMA change its color.
Secure stop loss on SMA 55
There are two option in taking profit. First is to get 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD. Second is exit on the upper or lower band of the BB.
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