317# 1 minute Scalping System
EMA Scalping System
Submit by Daniel 13/04/2013
This Scalping System is based of EMA indicator.
Time Frame: 1 minute;
Currency pair:Majors.
Indicators:
Short-term
3 EMA (green)
5 EMA (green)
8 EMA (green)
10 EMA (green)
12 EMA (green)
15 EMA (yellow)
Long-term
30 EMA (aqua)
35 EMA (red)
40 EMA (red)
45 EMA (red)
50 EMA (red)
55 EMA (aqua)
Trend
200 (brown, dashed)
When the two groups of MMAs part, you have an entry signal. You can tell when this has occurred by watching for
a gap between the yellow and aqua EMAs.
The best entries are given when the long-term (red) group is already aligned in a perfect order behind the trend indicated by the short-term (green) group. Sloppy crosses result in sloppy
trades.
There are a few of things you need to pay attention to with this implementation of guppy:
1. Avoid trading against the 200 EMA. (I don't like trading against the multi-day trend, either.)
2. Don't take shaky crosses. You want the candle to be moving above or below the greens with authority.
3. The best crosses occur at a sharp angle against the reds.
4. Do not take a cross if the reds are still pointing the other way. When the reds tighten and start to flip over, you're ok.
5. Sometimes it is better to wait for a pullback to confirm the validity of the move. When you get a candle closing at its high or low in the direction of the move, you can enter.
Here is a pictorial example. I have also attached my template.
1 minute scalping system
Share your opinion, can help everyone to understand the forex strategy.
1 minute Scalping System
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1 minute time frame scalping system
Odegai christian (Thursday, 18 November 2021 09:48)
Please how do I install this in my Android phone.with meta4
Eric (Saturday, 20 February 2021 03:34)
I put to my Mt4 perfect, for long trade.. Thanks sir
David (Thursday, 28 January 2021 16:52)
Hey Man. what is yr strategy for tp and sl ?
Omar (Thursday, 04 June 2020 13:23)
This is a pretty neat strategy. would this be good to use on a 5min chart?
Irwin (Monday, 01 June 2020 21:10)
Need help downloading and putting into metatrader4?
Patrick (Thursday, 31 October 2019 19:09)
How do i install to my metatrader android?
arinze (Friday, 18 December 2015 10:51)
An interesting strategy will try it out
leo (Tuesday, 20 May 2014 00:49)
ood system
Dan H (Wednesday, 12 March 2014 17:45)
What are your target and stop loss?