502# TMT 5 min Scalping
Step MA Scalping
Submit by Richiard 08/02/2016
TMT 5 min Scalping is a pure trend following system for intraday trading. This is a (HFT ) High Frequency Trading system. This is a complex strategy based on more trend following indicators.
Time Frame 5 min.
Currency pairs: Major and Indices (Dax, S&P 500, Dow, FTSE).
Session: London and New York.
Avoid trading 30 Minutes before and after Major News.
Metatrader Indicators:
Daily Candle ( show the daily trend),
Trend Arrows,
Pivot points levels (as support and resistance or exit point),
De Mark Trend line Trader,
Step MA default setting (this indicator indicates the direction of the market);
Raush trend (17 period, overbougth level 70, oversold 30).
Trading rules TMT 5 min Scalping
Buy
1. Daily candle is green;
2. Arrow buy;
3. Step MA line green;
4. Raush trend green bar;
5. Wait for price to break above trendline and bar is closed (optinal);
6. Set your targets and stop loss.
Sell
1. Daily candle is
red;
2. Arrow sell;
3. Step MA line red;
4. Raush trend red bar
5. Wait for price to break below trendline and bar is closed (optional);
6. Set your targets and stop loss.
Stoploss & Takeprofit
Set initial stop loss 3 pips above/below the Step MA line.
Fast Profit Target
predetermined (example 10 pips EUR/USD, 9 pips AUD/USD, USD/CHF, 12 pips GPP/USD)
Risk Reward can vary from 1:0.8 to 1:25
In the pictures TMT 5 min Scalping in action.
Share your opinion, can help everyone to understand the forex strategy
Teros (Tuesday, 18 June 2019 18:59)
This system is good for money, great and working well!!!
Roby (Wednesday, 18 October 2017 01:51)
Good strategy. Very fast. trading, sessions:London and New York.
lad (Wednesday, 10 February 2016 17:41)
Lookig nice system, please post remplate.
axel (Tuesday, 09 February 2016 10:07)
il n y a pas de template