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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