691# Come Surfing 1 Minute Scalping

Submit by Joy22

Come Surfing 1 Minute Scalping is a trend following price action scalping strategy for volatility pairs. the basic idea of this type of strategy is that even at 1 minute time frame the price fluctuates between extremes even if at this time frame the movement seems chaotic. In other words this is a quantum method because one tries to see these oscillations in the apparent chaos. 

To contain the fluctuations very slow TMA Bands are used which precisely have the function of containing these extreme fluctuations from which then a contrary price movement starts. What are we interested in seeing? The price that repents the bands or breaks them, because this is an extreme event as in this case the TMA Bands are very slow. So after the price has taken this major hike, we await a buy signal in the opposite direction.

Please note that this is not a strategy for amateurs but for those with experience on the forex market.

Of this template, however, I also propose another reading that is simpler and easier to follow by everyone by adding a simple moving average to 300 periods and trading only in the direction of the trend while maintaining the same indications to exit the position.

Setup Strategy

Time Frame 1 minute.

Currency pairs: GBPUSD, AUDJPY,AUDUSD, GBPJPY, EURAUD, EURCAD, NZDJPY, NZDUSD, EURJPY, GBPCAD, NASDAQ 100, VIX.

Metatrader 4 indicators

Fast TMA line, period 56 multiplier 5.5, ATR period 100, 0.5 .

Fast TMA line, period 56 multiplier 6.5, ATR period 100, 0.5 .

Fast TMA line, period 56 multiplier 7.5, ATR period 100, 0.5 .

Simple Moving average 300 periods, close.

Half Trend very slow setting (amplitude 20).

Stochastic Oscillator (22, 22, 22);

Trading rules Come Surfing 1 Minute Scalping

Buy

The price penetrates or breaks the lower bands. Wait for the buy arrow to appear.

Sell

The price penetrates or breaks the upper bands. Wait for the sell arrow to appear.

You can also make two or three entries in the same direction if the price does not penetrate the opposite bands.

Exit position options

Make profit at the opposite arrow.

Make fast profit with minimum ratio stop loss 1:1.2.

Fast Profit Target 7-15 pips depend on currency pairs.

Exit when the stochastic oscillator crosses in the opposite direction.

Place initial stop loss below/above the previous swing high/low.

Examples of trades.

Classic Interpretation

Classic interpretation of the template takes advantage of the arrow's ability to read the market.

Add a simple 300 period moving average.

Buy

Price is above moving average and follows only buy arrow.

Sell

Price is below the moving average just follow the sell arrow.

Position exit as the previous indications.

Example of trades

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