179# Simple 1 min Scalping
1 min scalping system MTF
Submit by Maximo Trader 25/01/2012
Simple 1 min Scalping is based in two exponential moving average and MACD MTF with time frame 30 min.
Currency pair:majors
Time Frame 1 min
Forex Indicators:
Long Entry:
20EMA>50EMA and MACD>0;
Short Entry:
20EMA<50EMA and MACD<0.
Best Entry on retracement on the 20EMA level.
Exit 2 options:
1) opposite condition (with 15 pips stop loss) ;
2) Profit Target 25 pips, and Stop Loss 15 pips (Ratio 1;1,5).
In the picture simple 1 min scalping system in action.
Share your opinion, can help everyone to understand the forex strategy.
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Hamood (Wednesday, 30 April 2014 06:43)
In the Procedure It is mentioned that the MACD shall be >0 or <0 for entry, but in the example charts the entry is made only on MACD lines crossover not on the zero line cross. Please confirm which one to follow ?
Forextradingstrategiesresources (Thursday, 13 June 2013 03:16)
this strategy is not for beginners