49# MACD Scalping 1 min Trading System

WoodieCCI as filter update 2024

The three MACDs and the Flat MACD have been replaced by the single CCIWoodie.

1 min, Scalping in Trend is a trend following strategy based on 3 moving averages filtered by the CCI Woodie with a long period.

Strategy Setup

Time Frame 1 minute.

Currency Pairs: Majors.

Session: Berlin.

Metatrader 4 indicators

Simple Moving Average 21 period, close.

Simple Moving Average 50 period, close.

Simple Moving Average 144 period, close.

CCI Woodie 300 period, close.

Pivot Points Levels.

Symbol Changer

Trading Rules

Buy

Canfle price above 150 SMA.

SMA 21>SMA 50

SMA21>SMA 150

SMA 50 >SMA 150

CCIWoodie with green bar.

When the distance of the price from the second average is wide, wait for a retracement.

Sell

Canfle price below 150 SMA.

SMA 21<SMA 50

SMA21<SMA 150

CCIWoodie with green bar.

When the distance of the price from the second average is wide, wait for a retracement.

Note. In practice, for the best entry you have to wait until the short moving averages exceed the slow one, then if the distance from the price is large you have to wait for a retracement.

Exit position

Stop loss above/below the previous swing high/low

Profit Target on pivot level, whit predetermined Profit Target or ratio stop loss 1:1.2.

WoodieCCI as filter

1 5 minutes.rar

compressed file archive 81.4 KB

Download

Submit by joy22

Time Frame 1min

Pair Eur/USD, GBP/USD

Indicators:

MACD (13,21,1);

MACD (21,34,1);

MACD (34,144,1);

Flat Trend w MACD

3 Exponential Moving Averages: EMA (21), EMA (34), EMA (144) -

TVH pivots.

Long Entry

All MACD>0 and EMA21>EMA 34 and EMA 144. Confirmed by Flat W MACD with Green Bars.Aggressive(MACD 13, 21,1)>0 ,(MACD 34, 144, 1)>0 and EMA21>EMA 34 and EMA 144. Confirmed by Flat W MACD with green bars.

Short Entry

All MACD<0 and EMA21<EMA 34 and EMA 144. Confirmed by Flat W MACD with Red Bars.Aggressive(MACD 13, 21,1)<0 ,(MACD 34, 144, 1)<0 and EMA21<EMA 34 and EMA 144. Confirmed by Flat W MACD with red bars.

Profit target EUR/USD 7 pips, GBP/USD 9 pips or Trailing Stop 5 pips after 5 pips in gain.

Stop Loss: EUR/USD 10 pips, GBP/USD 12 pips.

see pictures

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 10

#1
Forextradingstrategiesresources (Wednesday, 12 June 2013 00:13)

also 5min chart
joy22
#2
Mitch (Saturday, 02 November 2013 13:43)

great Strategy 80% performance
greets from Germany
#3
Alexander Huebner (Wednesday, 18 January 2017 13:18)

The MACD disappears when i try to set the signal line to 1.Anyone can help me out?
#4
Roman (Sunday, 25 February 2018 15:47)

А советник есть потэтой стратегии?
#5
hm741 (Thursday, 13 September 2018 10:36)

macd parameters are not set in template as said in text and as soon as the macd parameters are changed it just disappears.
its because of SMA setting to 1... weird.
#6
eurotiger (Tuesday, 04 December 2018 10:02)

Yes, this strategy is great with high success rate. But never forget to set stop loss and take profit early. Better a few pips than nothing :)
#7
ryan (Monday, 09 December 2019 13:11)

This looks promising.
#8
sam (Sunday, 08 November 2020 17:37)

why cant we change the MACD settings as all the 4 MACD setting in Default Setting....so when i change the settings indicator Automatically deletes it self...pls help to restore the settings
#9
Kshitij (Saturday, 12 December 2020 14:59)

Change the setting while the adding the fresh macd it will not disappear thanx me later
#10
Jack (Saturday, 07 September 2024 18:07)

MACD Scalping awesome strategy. Thanks