1 min Scalper Trading system

1 Min Scalper Trading System

Scalper with EMA

This is a Scalper strategy based on (Exponential moving average)
EMA
.

Time frame:1 min;

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.0015

Indicators for Scalper with Ema:

100 EMA (Exponential Movin
Average);

50 EMA

Stochastic (5,3,3);

Long Entry

1) 50 EMA > 100 EMA.
2) Find significant levels of support.
3) Wait for the currency price to retreat back to the support line.
4) Wait for the stochastic oscillator to trade from below 20 back above 20.
5) Open a long trade.
6) Place stop loss 3 pips below support.
7) Profit target should be at least 7-12 pips.

Short Entry

1) EMA50<100 EMA.
2) Find significant levels of resistance.
3) Wait for the currency price to retreat back to the resistanceline.
4) Wait for the stochastic oscillator to trade from above 80 back below 80.
5) Open a short trade.
6) Place stop loss 3 pips above resistance.
7) Profit target should be at least 7-12 pips.

1 Min Scalper Trading System

1 Min Scalper Trading System

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1 minute Scalping

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window