ETS 1 min Scalping trading strategy for scalping

ETS 1 min Scalping trading strategy is an example of a simple but very effective system for scalping with high accuracy of signals and profitability. Since it uses a low timeframe, beginners should use the tactic with caution.

Trading strategy ETS 1 min Scalping is designed for scalping on the currency and stock market when trading CFD contracts and is based on the use of arrow indicator and channel filter system.

Rules of tactics

To trade the trading strategy we will need the following input conditions:

• Currency pairs: any with a low spread
• Timeframe: M1, but you can also try trading on M5 and M15
• Bidding time: any
• Risk management: choose such a lot volume that the risk is no more than 2-5% of the deposit per trade

Indicators used

The following indicators are used to receive trading signals on the TS:

• Startmen mini chart
• THV HA
• TS Scalp 8
• MA in color applied price (250, close)
• MA in color applied price (250, high)
• MA in color applied price (250, low)
• MACD (18, 35, 15)

Setting indicators and system template

To quickly and correctly install all indicators on the chart of your asset, use the template:

1. Unpack the archive with templates and indicators
2. Copy indicators to the MQL4 folder -> indicators
3. Copy the templates to the templates folder
4. Restart the terminal
5. Open the chart of the desired currency pair
6. Install the template named ETS 1 min Scalping

Buy signals

In order to open a Buy trading position, the following conditions must be met simultaneously:

• price pushed up (broke upwards) the channel of three MAs;
• all three MAs are green;
• a blue up arrow appeared.

Signals for sale

To open a Sell position, the following conditions must be met:

• price pushed down (broke down) the channel of three MAs;
• all three MAs are red;
• a red down arrow appeared.

Setting Stop Loss and Take Profit

To protect your deposit from unnecessary losses and loss of profits due to inadvertence, experts of Fortraders magazine recommend using protective orders:

• the initial stop loss is set above/below the MA channel;
• Take profit is placed in the amount of 10-20 pips depending on the currency pair. It is recommended to close the deal when the arrow appears in the opposite direction.

Before using the ETS 1 min Scalping trading strategy on a real deposit, we recommend testing it on a demo account.