5
Minute Scalping is a trend following system based on the custom
indicators for day trading. The tradng system is based o five
oindicators and the signals are generates when the arrow indicator is
confirmed by the other indicators.
Currency
pairs: EUR/USD, GBP/USD, USD/GOLD, EUR/JPY, EUR/GBP, EUR/AUD,
GBP/JPY, NZD/USD, USD/JPY.
Time
Frame 5 min.
System
type: Trend following.
Plataform:
Metatrader 4.
Sessions
trading: London and New York.
Metatrader
Indicators:
Main
chart
5
Minutes Scalping 4 (arrow indicator).
5
Minutes Scalping 1 (period 30).
5
Minutes Scalping 2 (period 50).
In
sub windows
5
Minutes Scalping 3 (period 10).
5
Minutes Scalping 5 trend period 18).
Trading
Rules 5 Minute Scalping
Buy
5
Minutes Scalping 4 indicator buy arrow.
5
mintes Scalping 1 and 5 minutes Scalping 2 blue dot.
5
mintes Scalping 3 and 5 mintes Scalping 5 blue bar.
Sell
5
Minutes Scalping 4 indicator sell arrow.
5
mintes Scalping 1 and 5 minutes Scalping 2 red dot.
5
mintes Scalping 3 and 5 mintes Scalping 5 red bar.
Exit
position options
Place
initial stop loss on the previous swing high/low.
Exit
when 3 indicators of the system changes direction.
Profit
Target ratio stop loss 1: 1.1.
In
the pictures examples of trades 5 Minute Scalping.
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