631# Pattern 1-2-3 High Low Scalping

123 pattern with Heiken Ashi Smoothed lime

Scalping High Frequency Trading

Submit by Joy22

 

 

Pattern 1-2-3 High Low Scalping was created to trade at high frequency even at 1 minute time frame. Having a good profitability even at this time frame even with and tick chart. Tick chart for this type of system is highly recommended with a variation between 300-500 ticks in relation to the currency pair. The Trading System is also suitable for trading with binary options. Expiry time 6-8- candles.

Pattern 1-2-3 High Low is also suitable for edging and very flexible for any kind of Martingale or anti-Martining money managemen.

 

Time Frame 1 min, 5 min or higher 300-500 tick but this strategy works well on all time frames

Currency pairs with high volatility and low spread GBP/JPY, GBP/USD, USD/CAD, NZD/CAD, EUR/JPY; Indices: Dax, S$P500, Nasdaq, Nikkey, AUS200.

 

Metatrader Indicators:

123 pattern with fast (6, 0.4, 1).

Heiken Ashi smoothed (2, 6, 3, 2).

Fractal (12, 0.3, 0.3).

Moving Average Median 100 period for 1 min, 50 period for 5 min and tick chart.

Trend filter (9, 120), alternative to moving averages.

 

Trading Rules Pattern 1-2-3 High Low Scalping

Trade in the direction of moving average.

Buy

Price above moving average

Buy arrow of the 123 pattern indicator.

Heiken ashi green bar.

Fractal below previous swing low.

Profit Target 10-30 pips depends by pairs and time frame or ratio stop loss 1.2.

Stop loss below heiken ashi smoothed.

Alternative trailing stop with heiken ashi smoothed.

 

Sell

Price below moving average.

Sell arrow of the 123 pattern indicator.

Heiken ashi white bar.

Fractal above previous swing high.

Profit Target 10-30 pips depends by pairs and time frame or ratio stop loss 1.2.

Stop loss above heiken ashi smoothed.

Alternative trailing stop with heiken ashi smoothed.

 

The same rule with Trend filter.

the same rules with trend filter instead of the moving average.

Buy filter trend filter> 0.

 

Sell condition trend filter <0.

In the pictures pattern 1-2-3 High Low Scalping in action.

 Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
 Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
 Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
 Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
 Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
Comments: 2
  • #2

    Jabal (Thursday, 20 January 2022 14:37)

    Very good strategy for beginners. It can teach you how to draw good S/R lines and help you identify good points to enter the start of a trend.

  • #1

    Nick (Thursday, 12 September 2019 13:23)

    Very good system

Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping
Pattern 1-2-3 High Low Scalping.rar
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