1 min price band scalping system is a
scalper’s dream – 1-minute charts only here guys!
Currency pairs: ( currency pairs with
low spreads).
Indicators:
200sma (siple moving average close).
28sma (with price bands added at +14
pips and -14 pips).
NOTE: You may need to change the
price-bands from -/+14 pips to somewhere between -/+ 10 pips and
-/+20 pips depending on the currency pair you are trading.
A BUY trade occurs when the
28sma is ABOVE the 200sma and price touches the lower price-band
and exit and price reaches the 200sma again or middle band.
Place initial stop of 15 pips above
entry point.
A SELL trade occurs when the
28sma is BELOW the 200sma and price touches the upper price-band. and
exit and price reaches the 200sma again or middle band.
Place initial stop of 15 pips below
entry point.
1 min price band buy trade |
1 min price band sell trade |
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