M1 Mechanical Scalping System - MT4/MT5 Resources

M1 mechanical scalping system

Name-------- Settings

M1 Chart

1. 1. Bricks - 10 point blocks
   2. Eye of Carmen - Space 1/2/3 - 1, expansion rate 1/2/3 - 15/10/10
   3. MA-LWMA 68
   4. DSS Bresset - 8/13

Renko chart (offline M2)

1. 1. NonLagMA - length 30
   2. MA-LWMA 68
   3. DSS Bresset - 8/13

*Settings optimized for the EUR/USD currency pair

rule:

We have to choose our main direction (buy or sell) from the Renko chart (offline M2). Once we have the setup on the M2 chart, we have to look for entry points on the M1 candlestick chart and scalp in the Renko direction only.

for a long time

Renko block diagram (offline M2)

1. LWMA 68, NonLagMA, and DSS points above PA are black
2. DSS points are better to change their color below 20 (oversold zone) for buying
3. If all these conditions are met, switch to M1 candles and look for new entry points

M1 candlestick chart

1. PA above LWMA 68, Carmen Eyes
2. Looking for pullbacks
3. Enter when DSS color changes below 20 (oversold zone)
4. Take Profit/Stop Loss - Overbought area (80) or trailing color DSS changes until PA is below the Carmes Eyes yellow line

sell