Page Nav

HIDE

Grid

GRID_STYLE

Classic Header

{fbt_classic_header}

Header Ad

Breaking News

latest

5 Minute Scalping

5 Minute Scalping is a trend following system based on the custom indicators for day trading. The tradng system is based o five oindicators...

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.
5 Minute Scalping

5 Minute Scalping

5 Minute Scalping

5 Minute Scalping

No comments