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318# 1 min Chart Scalping System

Scalping System with indicators

Submit by Daniel 13/04/2013

Setup Charts

Time Frame 1 min.

Currency pairs; major.

Open a new candlestick chart at 1 min time frame EUR/USD, GBP/USD.

Indicators:

Bollinger bands (18; 2);

3 EMA (Exponential moving averages);

MACD (default);

Rules

Long Entry

Wait the 3 EMA black to cross up the 18 Bollinger bands middle line green.

Wait For The RSI and MACD Histogram line up:

Buy signal MACD >0 and RSY >50.

Short Entry

Wait the 3 EMA black to cross down the 18 Bollinger bands middle line green.

Wait For The RSI and MACD Histogram line down:

Buy signal MACD <0 and RSY <50.

Take small profit and place stop loss 2 pips for buy below lower band and for sell above upper band.

In the pictures below 1 min Chart Scalping System in action.

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