5 minute deviation scalping with channel EMA and slow MACD

5 minute deviation scalping with MA and slow MACD is a trend following trading system for scalping and day trading. The system is focused on to have a efficient filter. The setting of MACD is an fantastic idea.
Time Frame 5 min, 15 min, 30 min.
Currency Pairs: GBP/USD, USD/JPY, EUR/USD, USD/CHF, AUD/USD, GBP/JPY.
Indicators Setting:
Draw pivot points on the chart.
10 EMA high;
10 EMA, slow;
MACD (24, 26,7).
Rules 5 minute deviation scalping with MA and slow MACD
Trading only in the direction of the trend:
Trend up channel EMA above 50 EMA.
Trend down channel EMA below 50 EMA.
When the EMA 50 is between 10 EMA high and 10 EMA slow:
Buy
Trend UP
Price close above 10 EMA.
Histogram MACD going up above line or above zero line and above the line.
Sell
Trend down.
Price close below 10 EMA.
Histogram MACD going down below line or below zero line and below the line.
Exit position
5 min time frame 6-10 pips profit target or at the level pivot points.
15 min time frame 9- 18 pips profit target or at the level pivot points.
30 min time frame 15-30 pips profit target or at the level pivot points.
Place initial stop loss for buy 5 pips belo the 10 EMA low for Sell 5 pips above 10 EMA high.
After gain half of profit target move stop loss.
5 minute deviation scalping with channel  EMA and slow MACD

5 minute deviation scalping with channel  EMA and slow MACD

5 minute deviation scalping with channel  EMA and slow MACD

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