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Trendman scalping system - MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Hello everyone

Another scalping system, I won't waste anyone's time saying "I did great with this system"

Here are the rules and chart settings

Only trade on 1 mi charts;

1 minute chart settings, please see attachment tpl

Also see the attached 5 minute chart tpl

On the 1 minute chart, if the 10 EMA crosses the 30 EMA high or low above or below you go short or long you need to focus on the 1 minute chart MACD and THV TRIX and also the 5 minute chart MACD and moving averages.
This system is only suitable for scalping and not for long-term trading

Additional rules:

Go short or long on the 1 minute chart:

The best format for going short or long is: on the 1 minute chart, if the MACD turns positive or negative, wait for the PA to retrace to the 30 EMA (high or low), while watching the 5 minute TRIX, if the 5 minute TRIX is about to cross (down or up), you take your position. I have attached 2-3 diagrams to show you where you can view them.

Short-term trend changes (long or short)
In a downtrend, if 62 is above 57, the trend will change or PA will enter a range position. In an uptrend, if the 62 line falls below the 57 moving average, the trend will change or PA will enter a range position.

You must use two 1-minute charts to determine your trading positions. For the 30 EMA chart, the rules are the same, the second 1 minute chart has 20, 62 and 57 SMA for identifying trends.

Long-term trend changes:
If the 5-minute chart 62 EMA is below or above the 57 SMA, it means the trend may be slowing down or will change direction.
If this happens, watch the 20 EMA for action. If the 20 EMA crosses or is above the 1st 57 SMA, you should look for good entry points, either short or long. This is very important, for a trend change, in some cases, the 20 EMA must cross or be above the 1st 57 EMA. If the 20 EMA crosses with the 62 EMA, it means that the trend will be short-lived.

Additional indicators:
Open another 5 minute chart, add OBV indicator, add RSI on OBV indicator, make RSI line color but add levels 30,50 and 70, keep OBV always at a larger scale (so no need for chart) We need larger OBV for scaling so that trend direction can be followed, if price goes up or down, OBV must follow PA, otherwise wrong price action.

renew:

Add SMC4 scalping on your 5 minute chart, now this signal also works like, if you see MACD turning positive or negative on 1 minute chart, look at your 5 minute chart, if you see SMC4 scalping arrow down or up, again look for trading options, always stick to the basic rules, so far this indicator is working well in the system, let me know what you think, always follow MACD, always, not the arrows, ok!

Additional update: The basic rules remain the same, but we have added an indicator called VOLTY channel on the 1-minute chart

Please add 1 minute chart voltage channel with default settings and also add 2 voltage channels again on 1 minute chart MA length 100 and 200 (change these blue default color to stone gray and red default color to black
VOLTY channel rules:

As you know, on the 1 minute chart we are waiting for the MACD to turn positive or negative, now for the VOLTY channel (default version) you have to wait for the blue or red to appear and then the MACD to turn positive/30,10 EMA cross, if the MACD turns positive/negative before the dots (red/blue) appear, stay away from the trend and watch the PA, but if the dots appear on the MACD and 30,10 Before crossing over, please be prepared to jump in, as I said, our basic current rules are still in place, don't scrap them.

100,200 volts, for these especially the 200 volt channels, whenever the points go negative/positive again, draw a horizontal line, now 8 out of 10 the price should go back to that line before jumping back, test it and you will be very happy with it ACTION. 100 VOLTY shows us if the trend is positive or negative.
Please update your system and let me know your results, we will get perfect results in the last 2-3 weeks, but please follow the rules and don't over trade.
This is a scalping system, don't forget.

For more information, please visit my website.
Just Google Trendman and my website will come up.
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