219# VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)

Joy22 2025

 

VWAP–Keltner Scalper with FRAMA & QQE is a trend Momentum trading strategy

Market & session

  • Timeframes: M1–M5 (start with M1 on liquid majors; M5 for indices/Gold).

    Symbols: EURUSD, GBPUSD, XAUUSD, US100, DAX40.

    Session filter: Trade the London open and London–NY overlap; avoid the first 2–3 minutes after big news.

Indicators (attach to chart)

  1. VWAP (daily) — “fair value” line; trend & mean-reversion anchor.

  2. Keltner Channel (EMA 20, ATR mult 1.5–2.0) — intraday volatility envelope & dynamic targets.

  3. FRAMA (Fractal Adaptive MA, length 20) — low-lag trend filter; use slope + price location.

  4. QQE (default settings) — momentum/volatility confirmation.

  5. Laguerre RSI (extended) (γ≈0.6–0.7) — “odd but fast” oscillator for pullback timing.

 

You can run VWAP + Keltner on the main chart; FRAMA on the price pane (overlay); QQE & Laguerre in a sub-window.
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)

Entry logic

Long

 

  1. Trend bias: Price above VWAP and above FRAMA with FRAMA sloping up (Frama[t] > Frama[t-1]).

  2. Pullback: Price pulls back to Keltner midline (EMA) or brushes the lower band without closing below VWAP.

  3. Momentum trigger (either is fine):

    • QQE fast crosses above slow, or QQE crosses up a mid-level (e.g., 50).

      Laguerre RSI turns up from a dip (e.g., crosses back above 0.2–0.25).

  4. Entry: Buy at bar close (or place a buy stop a tick above the signal bar high).

VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)

Short

Mirror the above (price below VWAP & FRAMA, FRAMA sloping down; pullback to Keltner mid/upper band; QQE/Laguerre turn down; sell at close or sell stop below signal bar).

Exits & risk

  • Stop-loss (hard):

    • Conservative: Beyond opposite Keltner band (e.g., long SL a few points below lower band).

      Alternative: ATR-based (built-in ATR 14 × 1.2–1.6) under the swing low (for longs).

    Take-profit:

    • TP1: Keltner outer band (bank 50–70%).

      TP2: Fixed 1.5–2.0 × risk or trail below FRAMA (for longs) until QQE crosses back against you.

    Trade management: Move SL to breakeven when price closes beyond the Keltner midline in your favor or after +1× risk.

Filters (important)

  • Spread: Skip trades if current spread > ~2 pips (majors) / too wide for index/Gold.

    Chop filter: If price whips around and alternates across VWAP repeatedly or FRAMA is flat, stand aside

    News: No entries 2–3 minutes before/after red-flag events.

    Max pain: Stop trading the day after 3 consecutive losses or after equity drawdown > 2R.

Parameter guide (start here, then fine-tune)

  • VWAP: daily reset; standard calc.

    Keltner: EMA length 20, ATR mult 1.6 (M1 majors), 1.8–2.0 (indices/Gold).

    FRAMA: length 20; use slope + price relation, not just cross.

    QQE: defaults; use the fast/slow cross as the primary trigger.

    Laguerre RSI: γ 0.60–0.70; look for “U-turns” from sub-0.20.

How to build it on MT5 (manual template)

  1. Download/compile each indicator from the links below (MetaEditor → Open → paste filename → Compile).

  2. Attach to the chart in this order: VWAP & Keltner (main), FRAMA (overlay), QQE & Laguerre (sub-window).

  3. Save as a template; duplicate for each symbol/timeframe.

 

 

VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M1–M5)
VWAP–Keltner Scalper with FRAMA & QQE (M
compressed file archive 116.3 KB
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219# Wick Scalping Trading System

Submit by joy22 07/06/2012

 

Setup 5 min

Time Frame 5min

Currency pairs:EUR/USD, GBP/USD

Spread: max 0.00013

 

Indicators:

Wick-o-gram level 5; -5

CCI (150; -150)

 

Long Entry

Wait that the wick indicators is below of -5 and CCI 14 is in oversold (-150) ,after, Buy at open of the nex bar.

 

Short Entry

Wait that the wick indicators is below of 5 and CCI 14 is in Overbought (150) ,after, Sell at open of the nex bar.

 

Stop loss  8 -10 pips

Profit Target 5- pips


Trading System
Template wick 5min.rar
compressed file archive 598 Bytes

Wick Atr H1 Scalping

Setup  H1

Time Frame H1.

Currency pairs:any.

 

 

Indicator:

Wick 0.3 (atr true; katr 0,4).

 

 

Long Entry

Wait that the wick indicators is below or touches atr lower band after Buy at the open of the next bar,only, if the closure is greater than the half of the bar.

 

Short Entry

Wait that the wick indicators is below or touches atr higher band after Sell at the open of the next bar,only, if the closure is minor than the half of the bar.

 

Stop loss the low or high of the previous bar.

Profit Target 10 pips-12pips

 

In the picture Wick Atr H1 Scalping in action.

 

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