663# TMT Scalper with Trend Scanner
Trend Momentum, Price Action Scalping and Day trading strategy
Submit by Janus Trader
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
TMT Trend Scanner
X Super trend Candles
UP And down
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
Template for renko chart, median renko and range bar
Metatrader 4 Indicators
Renko original for Median Renko chart
Renko indicator for Renko chart
Half Trend Amplitude 5 period
True Trend Indicator as filter
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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