The ETS 1 min Scalping trading strategy is an example of a simple but very effective scalping system with high signal accuracy and profitability.
The ETS 1 min Scalping trading strategy is designed for scalping and is based on the use of a dial indicator and a channel filter system.
Input parameters
- Currency pairs: any with a low spread
- Timeframe: M1
- Bidding Time: Any
- Risk management: choose a lot size so that the risk is no more than 2-5% of the deposit per transaction
Indicators Used
- Startmen mini chart
- Thv ha
- TS Scalp 8
- MA in color applied price (250, close)
- MA in color applied price (250, high)
- MA in color applied price (250, low)
- MACD (18, 35, 15)
Installation of indicators and system template
- Unpack the archive with templates and indicators
- Copy the indicators to the MQL4 folder -> indicators
- We copy the templates to the templates folder
- Restart the terminal
- Open the chart of the desired currency pair
- Install the template named ETS 1 min Scalping
The graph should look like this:
Signals indicating the opening of a buy position
- the price pushed up (pierced up) a channel of three MAs;
- all three MAs are green;
- a blue up arrow appeared.
Signals indicating the opening of a sell position
- the price pushed down (broke down) a channel of three MAs;
- all three MA are red;
- a red down arrow appeared.
Setting Stop Loss and Take Profit
- the initial stop loss is set above / below the MA channel;
- Take profit is set at 10-20 points depending on the currency pair. It is recommended to close the deal when an arrow appears in the opposite direction.