MACD Scalping 1 Minute trading system was submitted by Joy22. Just as the name suggests it is based mainly on the MACD indicator and is best used to trade on the 1 min timeframe.
This trading system uses several indicators which include:
- The MACD (13, 21, 1) indicator
- The MACD (21, 34, 1) indicator
- The MACD (34, 144,1) indicator
- The Flat Trend w MACD indicator
- There are three Exponential Moving Averages that are: EMA (21), EMA (34) and the EMA (144).
- The TVH Pivot indicator
The MACD indicators are best in showing small market changes in the market. They have a zero line in the middle of its chart which indicates when the market is moving opposite to its previous trend. When the indicator is below the zero line then the trend is downwards and when the indicator is above the zero line the trend is upwards. The scalper should utilize the opportunities of the time the market just crosses the zero line on either side.
The exponential moving average indicators are generally for showing the general trend of the market prices. The TVH indicators is for showing the highs and lows of the market. This will help to know when a trend is almost likely to end.
Fig.1. The MACD scalping 1 minute trading system template.
The template also displays the TzPivotsD day candle. This shows what has been happening during the day.
How to trade using the MACD scalping 1 minute trading system
- MACD Scalping 1 Minute Placing a buy order:
The following are the conditions that you should check in order to place a buy order:
- The MACD indicators have to be above the zero line.
- The EMA (21) has to be above EMA (34) and EMA (144).
- The flat w MACD should have green bars. This is for confirmation purposes.
Then you should use stop losses. Place the take profit at 15 pips above the order and a stop loss at 10 pips below the order. However if you are around to watch the market then you may consider closing the order when an opposite indication is given.
- MACD Scalping 1 Minute Placing a sell order:
The following are the conditions that you should check in order to place a sell order:
- The MACD indicators have to be below the zero line.
- The EMA (21) has to be below EMA (34) and EMA (144).
- The flat w MACD should have red bars. This is for confirmation purposes.
Then you should use stop losses. Place the take profit at 15 pips above the order and a stop loss at 10 pips below the order. However if you are around to watch the market then you may consider closing the order when an opposite indication is given.
Fig.2. MACD scalping 1 minute example of placing a sell order.
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