This system is designed for scalping trading, short-term deals in order to get a quick profit. That’s why Metatrader terminal charts M1 and M5 are used to enter the market, though for analysis it is necessary to switch to higher timeframes. However, a five-minute chart in this system is not a dogma, you can get a big profit on higher timeframes. You can work on any currency pair. The main indicator in this system is “4X 3 Semafor Alert”, which shows possible entry points. This indicator has three signal levels. The first level – yellow circle (warning signal), the second level – red and green circles (points of sale and purchases), the third level – star (yellow circle with white or red rays), trend reversal point. The “Auto-Pivot-Points” indicator shows the support and resistance levels. To determine the trend, several indicators installed on the main chart are used. It can be easily distinguished visually by the four moving averages and the “Center of gravity” indicator. Another indicator shows the percentage of the direction of travel. Transactions are only opened at 70% or more in the desired direction. In the upper right corner of the terminal there is an information block with readings of different indicators on different timeframes. Never trade against a trend on H1 and H4. In the lower window of the terminal there are three indicators, which serve as filters for the main signals. It’s “RSI div”, “BBands_Stop_v1_BAR” and “Stohastic”.
This screenshot shows a good example of scalping on the growth of a currency pair. The trend on H1 and H4 here is upward, and the current chart shows the strength of the movement on M5 93%. After the white star “4X 3 Semafor Alert” indicator appears, we are waiting for the moving averages to cross upwards and the lines of the “Center of gravity” indicator to turn upwards. We open the shop when the green mug appears. The bars of the indicator “BBands_Stop_v1_BAR” should be blue, the black line “Stohastic” should be above yellow, and the bars “RSI div” should be green. A red circle can be used to close the position. This method can be continued until the red star of the “Semafor” indicator appears. The stop is set on the lower green line of the “Center of gravity” indicator.
The opposite is true when you trade on a downgrade. The trend on H1 and H4 here is downward, and the current chart shows the strength of the movement on M5 79%. After the red star of the “4X 3 Semafor Alert” indicator appears, we are waiting for the moving averages to cross down and the lines of the “Center of gravity” indicator to turn down. We open the sale when the red mug appears. The bars of the indicator “BBands_Stop_v1_BAR” should be red, the black line “Stohastic” should be lower than yellow, and the bars “RSI div” should be pink. A red circle can be used to close the position. This way you can trade until the red star of the “Semafor” indicator appears. The stop is set on the top blue line of the “Center of gravity” indicator.The above examples of stop and profit are not axioms. Each trader can select these parameters at his own discretion. One should also take seriously the question of how to choose a broker. This site displays the rating of forex brokers. Scalping brokers are widely represented in this list.Download system files