48# Neptune 3, 1min Scalping Trading System
Neptune Scalping
Submit by Forexstrategiesresources
Time Frame 1min.
Pairs: Eur/USD, GBP/USD.
Bands: set at (20,
3), Exponential.
Moving Average 3 Exponential,
MACD Histogram Study (6,17,8)
Relative Strength
Index Study set at 14.
Long entry:
Wait for the 3
EMA to cross up through from the 18
Bollinger Bands Middle line.
· Wait for the Relative Strength Index and MACD Histogram to line up: Above 0 (MACD) and above 50 (RSI) for
signal. Below 0 (MACD) and below 50 (RSI) for SELL signal.
Short Entry:
Wait for the 3 EMA to cross down through the 18 Bollinger Bands Middle
line.
· Wait for the Relative Strength Index and MACD Histogram to line up: Above 0 (MACD) and above 50 (RSI) for
signal. Below 0 (MACD) and below 50 (RSI) for SELL signal.
Place stop loss for buy on Lower Band.
Place Stop Loss for sell on upper band.
Profit Target
Place profit target on opposite band.
Profit target EUR/USD5-7 pips, GBP/USD7-9 pips
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Write a comment
Sat150 (Wednesday, 13 June 2018 05:05)
The settings for BB is it 20 or 18?. And how to set it to exponential
ferdyfinance (Monday, 18 June 2018 01:33)
THE PIC IS 1H CHART ?