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H1 Scalper System (MTF D1,H1,M5)

H1 Scalper System is a trend following Strategy based on trend indicators. This strategy was created by Swing Man for published on Forex Fa...

H1 Scalper System is a trend following Strategy based on trend indicators. This strategy was created by Swing Man for published on Forex Factory forum.
The system uses:
HULL MOVING AVERAGE: 27:3:0
SMA 21, shift 1: High
SMA 21, shift 1: Low
BBands_Stop: 20:2
Depending if and when the Hull MA crosses the SMA Hi-Lo and BBands_stop different signals are given which corresponding
to the trend changing to different degrees of strength.
Indicators:
1. H1 Scalper OscD1: you will see, three different shades of green and red (reddish) histogram style bars as well as the
words/letters: LONG, L2, L1, and SHORT, S2,S1. These are seen in the right bottom corner of the indicator when various
conditions are met.
2. ArenD1 ATR(34) : You will see Magenta bars = Long Bars with open and close in the third part of the range, and Orange
bars =Pin Bars or Dojis.
Conditions to meet:
Hull MA trend is either long or short (blue or orange line colour).
1. - When CLOSE of the bar crosses either SMA Hi-Lo in the same direction with the Hull trend, 2 of 4 conditions are met.
Expect an S1 or L1 on the indicator, and then on the dashboard an arrow either GREEN or RED ( or thin arrows).
2. – The two first conditions are met.
When CLOSE of the bar crosses the BBands_Stop, OR when Hull MA crosses both SMA Hi-Lo, 3 of the 4 conditions are met.
Expect an S2 or L2 on the indicator, and then on the dashboard an arrow either GREEN or RED (or transparent arrows )
3. – The two first conditions are met.
When CLOSE of the bar crosses the BBands_Stop, AND when Hull MA crosses both SMA Hi-Lo, all 4 conditions are met.
Expect SHORT or LONG on the indicator, and then on the dashboard an arrow BLUE OR MAGENTA ( or thick arrows)
H1 Scalper System (MTF D1,H1,M5)
An example of using two Timeframes for scalping.
All 4 conditions have been met. On the H1 the trend is DOWN and 5min is undergoing a retracement.
Wait for a SHORT signal on the 5 min Timeframe.
H1 Scalper System (MTF D1,H1,M5)

H1 Scalper System (MTF D1,H1,M5)

H1 Scalper System (MTF D1,H1,M5)

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