Ma
in color 1 min scalping is trading system trend following designed
for scapling. The strategy is based on the channel formed by three MA
in color 250 period (high, low, close). The purpose of this channel
is filter the signals generates by an slow trend arrow.
Features
Terminal:
Metatrader 4.
Trading
Style: Scalping.
Time
Frame. 1 min.
Numers
of indicators: seven.
Trading
sessions: any,
Currency
pairs:any.
Metatrader
4 Indicators:
Startmen
mini chart,
THV
HA,
TS
Scalp 8 (generates the signal at open of the third bar), draws buy
and sell arrow.
MA
in color applied price 250 period, close, line green trend up, line
red trend down.
MA
in color applied price 250 period, high,line green trend up, line red
trend down.
MA
in color applied price 250 period, low, line green trend up, line red
trend down.
MACD
histogram (18, 35, 15).
Trading
rules MA in color in min scalping
Trades
only in the direction of the trend.
Price
above the MA channel is uptrend. Three MA in color applied price
lines green.
Price
below the MA channel is downtrend. Three MA in color applied price
lines red.
Long
entry
Trend
arrow buy.
Price
breaks up the channel and the three MA are all green.
These
two conditions can also occur not at the same time.
Short
Entry
Trend
arrow buy..
Price
breaks down the channel and the three MA are all red.
These
two conditions can also occur not at the same time.
Advanced
entry: you can also enter the first retracement of the
price (for example if the signal is a buy signal you can enter when
Heiken Ashi turns red and vice versa)
Note
that when the price breaks the channel it is not convenient to
enter on the retracement.
Exit
position
Initial
stop loss below/above the channel( upper band for short, lower band
for long)
Profit
Target 5-15 pips depend by pairs.
Exit
at the opposite arrow if the price do not touches the stop loss.
In
the examples MA in color 1 min Scalping.
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