3 EMA scalping system (1 min)

The 1 minute scalping system makes use of a customized EMA MT4 indicator known as the predictive EMA. MetaTrader4 platform you can download here. It makes use of the typical moving average cross over method and is tweaked to work best on 1 minute charts, making it ideal for scalping short term moves. The risk with 1 minute charts however is the spreads. Therefore this strategy should be used only on currency pairs where the spreads are relatively tighter.

3 EMA scalping Strategy Set up

  • Predictive EMA (25, 8)
  • Predictive EMA (50, 15)
  • Predictive EMA (100, 30)

Download 3 Predictive EMA>>

3 EMA scalping system Strategy Rules

Long Set up:

  • 25 EMA crosses above 50 and both 25 and 50 are above 100
  • Buy on the next candle after the cross over
  • Target: 5 – 10 pips, stop loss 9 – 12 pips

Short Set up

  • 25 EMA crosses below 50 and both 25 and 50 are below 100
  • Sell on the next candle after the cross over
  • Target: 5 – 10 pips, stop loss 9 – 12 pips

Examples of 3 EMA scalping system

3EMAP-scalping

 

  • The chart above shows a buy and sell example.
  • From the left, the first arrow points to the candlestick that closed after the 25 EMA crossed above the 50 EMA and both these EMA’s were above 100 EMA.
  • A long position is taken at the close of the candle with a 5 – 10 pip take profit, while placing stops 9 – 12 pips below the open of the candle.
  • The long position resulted in a quick profit
  • Few candles later, the down arrow points to the candle that closed after the 25 EMA crosses below the 50 EMA and both these EMA’s are below the 100 EMA.
  • A short position is entered on the close of the candle, with a 10 pip take profit and a 9 – 12 pip stop loss above the candlestick
  • The short position would have resulted in a quick profit

Conclusion

The predictive EMA is nothing but the typical moving average cross over system. It does not really offer any special advantages over using the traditional EMA’s. The strategy however is quite robust when it comes to trending markets.

Download 3EMA scalping strategy >>

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