55# ATR with Scalper C , Trading System

Submit by Lorentz

This trading strategy is designed for both scalping and day trading on short timeframes (1, 3, and 5 minutes) and longer timeframes (15, 30, and 60 minutes). It uses two indicators: ATR (Average True Range) to measure volatility, and Scalper C (Arrow Trend Momentum). The strategy has specific rules for different timeframes.

Indicators Used

ATR (Average True Range):
- ATR Period: 10
- ATR Multiplier:
  - 1, 3, and 5 minutes = 10
  - 15, 30, and 60 minutes = 5
Scalper C (Arrow Trend Momentum):
- Scalper C Period:
  - 3 and 5 minutes = 13
  - 15, 30, and 60 minutes = 9

Timeframe-Specific Settings

1-Minute Timeframe:
- ATR Multiplier: 10
- ATR Period: 10
- Entry Rule: Follow the 4-hour (4H) trend.
  - If the 4H trend is up, only look for buy trades.
  - If the 4H trend is down, only look for sell trades.
  - (Use Entry 1 only)
3 and 5-Minute Timeframes:
- ATR Multiplier: 10
- ATR Period: 10
- Scalper C Period: 13.

Entry Rules:
- Follow the 4-hour (4H) trend:
  - If the 4H trend is up, only buy.
  - If the 4H trend is down, only sell. (Entry 1)
- Use Scalper C when it aligns with the ATR direction for quick profits. (Entry 2)

15, 30, and 60-Minute Timeframes:
- ATR Multiplier: 5
- ATR Period: 10
- Scalper C Period: 9
- Entry Rules:
  - Follow the daily trend:
    - If the daily trend is up, only buy.
    - If the daily trend is down, only sell. (Entry 1)
  - Use Scalper C when it aligns with the ATR direction for quick profits. (Entry 2)

Entry Rules

Entry 1: Follow the Trend with ATR Signals (4H or Daily Trend)

Buy Signal:
- Condition: When price moves above the upper ATR band (calculated using the ATR multiplier), open a Buy position.
- Stop-Loss: Set below the lower ATR band or at the most recent swing low.
- Take-Profit: Use either a fixed pip target (based on ATR) or close the trade at the next resistance level.

Sell Signal:
- Condition: When price moves below the lower ATR band, open a Sell position.
- Stop-Loss: Set above the upper ATR band or at the most recent swing high.
- Take-Profit: Use either a fixed pip target or close the trade at the next support level.

Note: For the 1-minute timeframe, only use this ATR-based entry rule.

Entry 2: Scalper C Alignment with ATR (For 3-Minutes and Higher)

Buy Signal:
- Condition: When Scalper C turns bullish (up arrow) and is aligned with the ATR signal (price above the upper ATR band), open a Buy position.
- Stop-Loss: Place the stop-loss below the lower ATR band or the most recent swing low.
- Take-Profit: Aim for a few candles or the next key resistance level for quick profit.
Sell Signal:
- Condition: When Scalper C turns bearish (down arrow) and aligns with the ATR signal (price below the lower ATR band), open a Sell position.
- Stop-Loss: Place the stop-loss above the upper ATR band or the most recent swing high.
- Take-Profit: Aim for a few candles or the next key support level for quick profit.

Risk Management

Risk per Trade: Limit risk to 1-2% of account capital on each trade.
Stop-Loss: Set based on ATR levels or recent highs/lows.
Take-Profit: Target a reward-to-risk ratio of 1.5:1 or 2:1, or adjust based on key support/resistance levels.

Additional Guidelines

1-Minute Timeframe: Act quickly and only follow the 4H trend using Entry 1. Be mindful of spreads and commissions, which can affect short timeframes.
3 and 5-Minute Timeframes: You can use both Entry 1 (4H trend) and Entry 2 (Scalper C alignment). Be quick to exit trades if Scalper C shows signs of reversal.
15, 30, and 60-Minute Timeframes: Suitable for both short scalping trades (Entry 2) and longer day trades (Entry 1). The ATR settings are tighter, providing clearer entry and exit points.

By following ATR-based entries and aligning them with Scalper C and higher time frame trends, this strategy offers flexibility across different timeframes, helping you capture both volatility and quick trend reversals efficiently.