404# Confluence Scalper System
TF M1 scalping strategy
Submit by Muda 07/12/2013
Confluence Scalper System is an price action forex strategy.
It is in TF M1 scalping strategy to wait price with important intersection . It also referred to the confluence.
template confluence scalper:
1 . enable template " moody confluence scalper m1 " in TF M1 , is the main template
2 . enable template " moody confluence complementary " in another TF , for example in the H1 or H4 to determine the condition of the global price.
Hours Channel;
Jaguar SR indicator;
Recent SR;
SDC ;
SDX 8H;
THV4 TZ pivot;
Trade Day;
TVI;
Ultratrend.
Rules Confluence Scalper System
Long Entry
- Channel DOWN medium green
- Wait for the intersection of the channel yellow - green - pink - OR green which occurred near critical levels as follows :
a. SR Daily Pivot ( Pivot , S123 , R123 )
b . D1 SR
c . Open Daily
d . high or low yesterday yesterday
e . TVI white line has been very tight and a white stripe down Ultra - Trend has been very tight and above
- Set Stop Loss 2 pips below the a- b - c - d
- Take profit when the price reaches the upper line of the green channel when the top line adjacent to the points a-b-c-d..
Short Entry
- Channel UP being green
- Wait for the intersection of the channel yellow - green - pink - OR green which occurred near critical levels as follows :
a. SR Daily Pivot ( Pivot , S123 , R123 )
b . D1 SR
c . Open Daily
d . high or low yesterday yesterday
e . TVI white line above is very tight and a white line Ultra - Trend has been very tight down
- Set Stop Loss 2 pips above the a- b - c - d
- Take profit when the price reaches the bottom line of the green channel when the bottom line is adjacent to the points a-b-c-d.
Confluence Scalper System required experience.
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