Recommended timeframes M1
This scalping strategy leverages the Parabolic SAR and Commodity Channel Index (CCI) indicators to identify impulsive price trends. It is designed for short timeframes, specifically M1 and M5.
Recommended Pairs:
- EUR/USD
- AUD/USD
- GBP/USD
Timeframes:
- M1
- M5
Indicators:
- EMA50 on the M1 timeframe
- EMA21 on the M5 timeframe
- CCI (45)
- Parabolic SAR (0.02, 0.2)
Entry Rules:
- Long Positions: Enter when the Parabolic SAR point is above the EMA line, and the CCI value is over 100.
- Short Positions: Enter when the Parabolic SAR point is below the EMA line, and the CCI value is under 100.
Exit Rules:
- Targets:
- EUR/USD: 7-12 points
- AUD/USD: 5-8 points
- GBP/USD: 7-15 points
- Stop Loss: Set at the EMA level.
