I have been testing out different systems for scalping 1M chart, The results you can see here
The issue is having a system that gives the highest probability of success with low draw-downs
All the systems I have used are based on Moving Averages I have combined the ones that work the best into an indicator that I am currently testing.
Based on this indicator I have for 4 Trades today The days Range has been 20 Pips I have made 15 pips
Enter Buy Trades :
- When all the squares are green - Which means all the Moving Averages for 1M 5M and 15 are correct
- Arrows come on candle close - Which mean the higher timeframes like 30M 1 Hour and 4 Hour are in sync
Open the buy and Scalp a few pips