233# Triple Momentum Scalper

Janus Trader 2025

The Triple Momentum Scalper is a high-frequency trading strategy designed for MT5 that combines three powerful momentum indicators to identify rapid price movements in volatile market conditions. This strategy targets quick profits from small price fluctuations, typically holding positions for 30 seconds to 5 minutes.

Key Features

Time Frame: M1 (1-minute charts);

Best Markets: Major Forex pairs (EUR/USD, GBP/USD, USD/JPY), Gold (XAUUSD);

Trading Sessions: London and New York overlap (13:00-16:00 UTC;

Risk-Reward: 1:1.5 to 1:2 ratio ;

Win Rate Target: 65-75% ;

Trading Platform: all.

Indicators Used

1. Relative Strength Index (RSI) - Period 14

Purpose: Momentum confirmation and overbought/oversold identification

Overbought Level: 70

Oversold Level: 30

Signal Line: 50 (momentum direction)

2. Stochastic Oscillator - %K(5,3,3), %D(3)

Purpose: Entry timing and momentum validation

Overbought: Above 80

Oversold: Below 20

Signal: %K crossing %D

3. Moving Average Convergence Divergence (MACD) - 12,26,9

Purpose: Trend direction and momentum strength

Signal Line Crossover: Primary entry trigger

Zero Line: Trend bias confirmation

Histogram: Momentum acceleration

4. Exponential Moving Average (EMA) - Period 21

Purpose: Dynamic support/resistance and trend filter

Price above EMA: Bullish bias
Price below EMA: Bearish bias

Entry Rules

Long Entry Conditions

MACD: Histogram turns positive AND MACD line crosses above signal line.
RSI: Above 50 and rising.
Stochastic: %K crosses above %D below 80 level.
Price Action: Current candle closes above EMA(21).
Volume: Higher than average (if available).

Short Entry Conditions

MACD: Histogram turns negative AND MACD line crosses below signal line.
RSI: Below 50 and falling.
Stochastic: %K crosses below %D above 20 level.
Price Action: Current candle closes below EMA(21).
Volume: Higher than average (if available).

Risk Management

Position Sizing

Risk per Trade: 0.5-1% of account balance.

Lot Size Calculation: Based on stop loss distance.

Maximum Simultaneous Trades: 3.

Stop Loss Placement

Long Positions: 5-8 pips below recent swing low or EMA(21).

Short Positions: 5-8 pips above recent swing high or EMA(21).

Alternative: 2x Average True Range (ATR) value.

Take Profit Strategy

First Target: 1:1.5 risk-reward ratio (close 50% of position).

Second Target: 1:2 risk-reward ratio (close remaining 50%).

Trailing Stop: Move stop to breakeven after first target hit.

Advanced Filtering Techniques

Market Condition Filter

Trending Markets: MACD above/below zero line for at least 5 candles

Range-Bound Markets: Price oscillating around EMA(21) - reduce position size

News Events: Avoid trading 15 minutes before and after high-impact news.

Volume Confirmation (if available)

Entry Validation: Current volume > 1.2x average volume of last 20 candles

Breakout Confirmation: Volume spike during price breakout above/below key levels

Time-Based Filters

Best Performance: London-NY overlap (13:00-16:00 UTC)

Avoid: Asian session (low volatility)

Weekend Gaps: No trades in first 30 minutes of Monday session

Performance Optimization

Backtesting Parameters

Test Period: Minimum 3 months of M1 data
Spread Consideration: Add 1-2 pips to account for broker spread
Slippage: Factor in 0.5-1 pip slippage for market orders
Commission: Include all trading costs in calculations

Strategy Refinements

Adaptive Stop Loss: Use ATR(14) for volatile markets.

Multiple Timeframe Confirmation: Check M5 trend direction.

Currency Strength Filter: Trade pairs with clear strength/weakness divergence.

Common Pitfalls to Avoid

Over-Trading: Stick to 15-25 trades per day maximum
Ignoring Spread: Wide spreads can kill scalping profits
Emotional Trading: Follow rules strictly, no revenge trading
Poor Timing: Avoid trading during low liquidity periods
Inadequate Testing: Always backtest modifications before live trading

Implementation Checklist

[ ] Set up M1 charts with all required indicators
[ ] Configure alert system for entry signals
[ ] Test position sizing calculator
[ ] Prepare stop loss and take profit templates
[ ] Set up risk management rules in trading platform
[ ] Create trading journal template
[ ] Backtest strategy on historical data
[ ] Start with demo account for 2 weeks minimum
[ ] Begin live trading with minimum position sizes

Conclusion

The Triple Momentum Scalper strategy combines technical precision with strict risk management to capitalize on short-term market movements. Success depends on disciplined execution, proper position sizing, and continuous performance monitoring. Remember that scalping requires intense focus and is not suitable for all traders.