23# 1 Min Scalper Trading System

Scalper with EMA, RSI Stochastic and Gann Tool

TradingView Scalping Strategy

Scalping on GPBUSD, EURUSD, AUDUSD, NZDUSD is a simple trading system trend momentum based on moving averages and StochasticRSI. This strategy is designed for short time frame.

Setup Strategy

Trading hours (very important), London 9.00-11.00, GMT (Berlin) 15.00-20.00 GMT (Berlin).

Tokyo (only for AUDUSD and NZDUSD) 2:00 - 7:00 GMT Berlin.

Time frame:1 min, 2 min, 3 min.

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.0015

Platform TradingView

Indicators:

100 EMA (Exponential Movin Average);

50 EMA

StocastichRSI (14,3,3);

Tool Gann Box

Trading rules

At 9:00 insert the Gann Tool and trace it horizontally for the entire London and New York session.
Vertically to the top base of the oscillator in sub window and top window of the chart (see image). The horizontal lines represent support, resistance and profit target levels.

Long Entry
1) 50 EMA > 100 EMA.
2) Find significant levels of resistancet on the Gann Box..
3) Wait for the stochastic oscillator to trade from back above 20.
4) Open a long trade.
5) Place stop loss 3 pips below support or at the previous swing Low.
6) Profit target should be at least 5-12 pips.

Short Entry
1) 50 EMA < 100 EMA.
2) Find significant levels of support on the Gann Box..
3) Wait for the stochastic oscillator to trade from back below 80.
4) Open a short trade.
5) Place stop loss 3 pips above the resistance or at the previous swing High.
6) Profit target should be at least 5-12 pips

Write a comment

Comments: 3

#1
zack9199 (Monday, 05 November 2012 02:59)

Terbaik
#2
Forextradingstrategiesresources (Tuesday, 11 June 2013 23:32)

Max 5 pips Janus Trader
#3
nazrul (Tuesday, 22 April 2014 12:35)

how to install the file of KG Support and resistant on the MT4 platform sir...TQ