515# Scalping Signal
Submit by Landfx 18/04/2016
Scalping signal is a good signal for scalping but that works an all time frame. This signal is indicated for markets in sideways or with an medium trend at the daily time frame.
Time Frame 5 min or higher .
Financial Markets: Forex, Indices, Shares.
How to apply this signal.
Find on daily charts the sideways markets or currency with a medium trend.
Go to the lower time frame of your choice and apply the indicator.
5 min time frame Profit Target
EUR/USD, NZD/USD, USD/CHF 4 pips
AUD/USD 3 pips
GBP/USD, USD/JPY 5 pips.
15 min time fram Profit Target
EUR/USD, NZD/USD, USD/CHF 8 pips
AUD/USD 7 pips
GBP/USD, USD/JPY 10 pips.
30 min time frame Profit Target
EUR/USD, NZD/USD, USD/CHF 12 pips
AUD/USD 10 pips
GBP/USD, USD/JPY 15 pips.
60 min time frame Profit Target
EUR/USD, NZD/USD, USD/CHF 15 pips
AUD/USD 12 pips
GBP/USD, USD/JPY 18 pips.
Stop loss 1 pips below the entry bar.
You can also use the Martingale.
Tip for entry
For better entry can wait a little retracements:
5 min: 1-2 pips;
15 min 2-3 pips;
30 min 3-5 pips;
60 min 5-7 pips;
240 min 7-10 pips.
Scalping Signal with quantum signal
Time frame 5min
Market conditions: sideways.
Best Currency: EUR/CHF, EUR/GBP.
Quantum signal with alert.
When appears the blue square wait the first buy arrow for to begin positioning buy.
Close all position at the first Sell arrow.
When appears the red square wait the first sell arrow for to begin positioning sell.
Close all position at the first buy arrow.
Max 10 trades for cycle.
Place stop loss 15 pips above/below the last arrow.
Reference for Quantum trading see