Neptune 3, 1min Scalping Trading System
Neptune Scalping
- Time Frame 1min.
- Pairs: Eur/USD, GBP/USD.
Indicators:
- Bands: set at (20, 3), Exponential.
Moving Average 3 Exponential,
MACD Histogram Study (6,17,8)
Relative Strength Index Study set at 14.
Long entry:
- Wait for the 3 EMA to cross up through from the 18 Bollinger Bands Middle line.
· Wait for the Relative Strength Index and MACD Histogram to line up: Above 0 (MACD) and above 50 (RSI) for
signal. Below 0 (MACD) and below 50 (RSI) for SELL signal.
Short Entry:
- Wait for the 3 EMA to cross down through the 18 Bollinger Bands Middle line.
· Wait for the Relative Strength Index and MACD Histogram to line up: Above 0 (MACD) and above 50 (RSI) for
signal. Below 0 (MACD) and below 50 (RSI) for SELL signal.
Exit Position
- Place stop loss for buy on Lower Band.
- Place Stop Loss for sell on upper band.
Profit Target
- Place profit target on opposite band.
- Profit target EUR/USD5-7 pips, GBP/USD7-9 pips
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