663# TMT Scalper with Trend Scanner

Submit by Janus Trader

Reference

https://www.forexstrategiesresources.com/scalping-system-iv/502-tmt-5-min-scalping/

https://www.forexfactory.com/showthread.php?t=577639&page=130

https://www.forexfactory.com/showthread.php?t=912456&page=29

https://www.forexstrategiesresources.com/scalping-system-iv/581-5-minute-trendline-scalping/

https://www.forexstrategiesresources.com/renko-chart-forex-strategies/58-median-renko-scalper/

https://www.forexstrategiesresources.com/renko-chart-forex-strategies/58-median-renko-scalper/

TMT Scalper with Trend Scanner is a trading system for day trading based on trend and momentum indicators. This trading system for bar chart and renko chart here I present the results of the study of previous sources by extracting the best configurations for trading.

Time frame 5 min or 15 min

Currency pairs: volatility pairs also Indice and Cripto Currency.

Cripto currency with liquidity as BTC/USD time frame 15 min 30 min, 60 min.

Bar/Candle Chart template

Metatrader 4 Indicators

Bid AsK line

TMT EMA 7

TMT EMA 20

Daily Candle

TMT Trend Scanner

Pivot Dots

X Super trend Candles

UP And down

BP RSI

BP MFI

Trading rules TMT Scalper with Trend Scanner

Long entry
1. Daily candle is green
2. Relative Strength Index filter is above 50
3. Money Flow Index is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)
Short entry
1. Daily candle is red
2. Relative Strength Index Filter is below 50
3. Money Flow Index Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)

TMT Trend Scanner 
1. Blue button is Buy Signal.
2. Red button is Sell Signal.
3. Alert On/Off will auto turn OFF when you change the Symbol.
   Alert type is in "Input" tab.
   You can turn it ON when you want leave your computer.
4. Added Inner Trend Filter (new).
5. Trendline will remain on chart until you change the symbols.
6. TrendLineA, TrendLineB, TrendLineC, InnerSignal is a GROUP. 

Any ONE of them met the conditions means valid signal.

Other template with Support and Resistance

AD indicator Volty Channel(setting 5) and Support and Resistance Barry

pictures 

Template for renko chart, median renko and range bar

Metatrader 4 Indicators

Renko original for Median Renko chart

Renko indicator for Renko chart

Info board

Half Trend Amplitude 5 period

True Trend Indicator as filter

BP RSI

BP MFI

TMT daily Candle

The same rules of the first template but also agree with the True trend indicator.

With this Template you can apply the money management described by Joy22 in the median renko scalper strategy see bibliography.

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