Scalping strategy-Velocity Market
The strategy of "Velocity Market" indicator SST_Calc (download scalping indicator here). In fact, the 3 indicator: SST_Calc (Long and Short) and!De_Munyuk. Alternatively, you can use the predefined template-scalping velocity market.tpl. For sale used 3 currency pairs: EUR/USD, GBP/USD, AUD/USD, interval-M5.
Algorithm of position opening the Velocity Market "
For Sale. Indicator SST_CalcShort signal-red ' x ' in the box, red plus and 3 red dots below the signal (see figure). At the same time indicator!De_Munyuk will also be red. It is common to see the bigger picture, we are waiting for the closing signal candles, and then analyze the situation on the market.
Let's take a look at these signals from SST_CalcShort in more detail. When the signal is on sale we will see the following figure.
1. the Red Cross within a square-p specifies the level set stop-loss.
2. Purple plus said the issue of a pending sale.
3.3 red dots-show exhibiting the takeprofit.
Thus, once closed signal candle, we issue a pending sale in Lavender plus, red cross level of StopLoss and TakeProfit levels either of the red dots. The higher the set take profit, the greater the profit. According to the author of "Velocity Market" best post secondary TakeProfit red dot.
Please note that once you have opened a order and price continues to move, the Red Cross in the square (stop loss) will be repainted in yellow and begin to move in the same direction as the price. This is a signal that you need to move your StopLoss to minimize losses in case of price reversal.
Purchase.SST_CalcLong sends a signal indicator-blue ' x ' in the box, blue plus and 3 blue point below the signal (see figure). At the same time indicator!De_Munyuk will be green. It is common to see the bigger picture, we are waiting for the closing signal candles, and then analyze the situation on the market.
When the signal to buy, we will see the following figure.
1. Blue Cross in the box-shows the level of placing stop-loss.
2. Blue plus says about the issue of a pending sale.
3. blue point 3-show level setting take profit.
Then everything just is mirrored symmetrically algorithm described above.
You can determine the TakeProfit level not only in red or blue, and use specific values depending on the currency pair: EUR/USD-8 points, GBP/USD-10 items, the AUD/USD-6 points.
An example of closing the Velocity Market "
The Red Cross in the square, purple plus below candles and 3 red dots with red lights!De_Munyuk indicate that you can display a pending sale (lilac plus and only after the closure of the candles). Set a stop loss at the level of the Red Cross in the square, TakeProfit-secondary red dot.
As you can see, the profit on the deal (the order is triggered after 10 minutes, the position is closed after 10 minutes) accounted for 10 points.
Remember, very important the choice of broker for scalping -not all brokers support full scalping, where sometimes things decide seconds.