7# 1 Minute Scalping Forex Strategy Mobile
Scalping Strategy for MT4 mobile.
Trend Momentum Strategy
Submit by KyotoFx
1 Minute Scalping Forex Strategy Mobile is a very good trading system trend momentum built for 1 minute trading but actually works on all time frames. In other words, it can be used for trading and have excellent results in day trading and swing trading. The idea of this strategy is to capture new upward or downward impulses within the trends. The strategy is based on fast and slow moving averages on the main chart and stochastic with fast and slow moving averages in the window below the chart. The crossing of the slow moving averages in the overbought or oversold areas of the Stochastic is the main condition of the strategy on which it is based.
Setup strategy
Time frame 1 minute or higher.
Currncy pairs Volatile as GBPUSD, AUDUSD, GBPJPY, GPBCAD, EURAUD, S$P 500, NASDAQ 100, VIX.
Main Chart
Exponential moving average 1 period, close.
Exponential moving average 8 period, close.
Exponential moving average 15 period, close.
Exponential moving average 21 period, close.
Exponential moving average 28 period, close.
Exponetnial moving average 31 period, close.
Window belo the main chart
Stochastic Oscillator (5, 3,3, High/low) with following exponential moving averages:
fast 5,8,13 ,21. (close).
slow 100 and 200 (close).
Levels : 90 , 80 , 68,50,32,20,10,
Trading Rules 1 Minute Scalping Forex Strategy Mobile
Buy
EMA 100 crosses up the EMA 200 in the oversold area of the stochastic (below 20-10 levels).
The fast moving averages always in the stochastic cross upwards the slow moving averages 100 and 200.
In the main chart the fast moving averages cross the slow moving average 31 upwards.
Sell
EMA 100 crosses down the EMA 200 in the overbought area of the stochastic (above 80-90 levels).
The fast moving averages always in the stochastic cross downwards the slow moving averages 100 and 200.
In the main chart the fast moving averages cross the slow moving average 31 downwards.
Exit position
Place initial stop loss on the previous swing high/low.
Profit Target with ratio stop loss1:1.3 or close position at the importante support or resistance levels.
Note: My important advice to learn how to use this 1 minute strategy is to first practice higher time frames where the signal and conditions are realized more slowly so as to understand the trading system well.
In others it seems I want to say this is a winning strategy using it at 1 minute is a point of arrival, if you win the other time frames are fine too.
In the pictures example o trades.
Share your opinion.