(Disclosure: I Only Use Tradingview - indicators should be easy enough to obtain) (Disclosure: I've only been trading this for two weeks)
This system takes advantage of 2 REALLY strong confirmation tools, and one of the most under rated signals of all time. Ichimoku Signals! Halftrend, and HeikinAshi Candles will be our 2 confirmation biases
We also use a pretty unique scalping exit strategy that helps traders stay in a good space physiologically.
The system performs best on the 1 Hour Time Frame, and have only tested this on NAS100 futures. ( very fast and volatile asset)
Rules for Buy Entry (reverse for selling positions)
1: Price must be above Half Trend
2: Candlestick must be Blue. (Could also avoid entries on indecisions bars for more filtering - depends on how often you like to scalp)
3: Wait for Ichimoku Buy Signal
4 (Exit strategy): Set stop loss at low f previous bar. If the following 1HR bar closes in profit, exit the trade, or put a very tight trailing stop loss. There will be many opportunities to trade throughout the day and minimizing time in the market will greatly increase your win percentage with this strategy.
Here are the indicators I've been using for the system:
Ichimoko Signals (removed everything but the signal)
https://www.tradingview.com/script/9vLRL5h7-Ichimoku-Clouds-Strong-Bullish-Bearish-signals-and-alerts/
HalfTrend: (Amplitude set to 4)
https://www.tradingview.com/script/U1SJ8ubc-HalfTrend/
TradingView's Bars set to Heikin Ashi.
This system takes advantage of 2 REALLY strong confirmation tools, and one of the most under rated signals of all time. Ichimoku Signals! Halftrend, and HeikinAshi Candles will be our 2 confirmation biases
We also use a pretty unique scalping exit strategy that helps traders stay in a good space physiologically.
The system performs best on the 1 Hour Time Frame, and have only tested this on NAS100 futures. ( very fast and volatile asset)
Rules for Buy Entry (reverse for selling positions)
1: Price must be above Half Trend
2: Candlestick must be Blue. (Could also avoid entries on indecisions bars for more filtering - depends on how often you like to scalp)
3: Wait for Ichimoku Buy Signal
4 (Exit strategy): Set stop loss at low f previous bar. If the following 1HR bar closes in profit, exit the trade, or put a very tight trailing stop loss. There will be many opportunities to trade throughout the day and minimizing time in the market will greatly increase your win percentage with this strategy.
Here are the indicators I've been using for the system:
Ichimoko Signals (removed everything but the signal)
https://www.tradingview.com/script/9vLRL5h7-Ichimoku-Clouds-Strong-Bullish-Bearish-signals-and-alerts/
HalfTrend: (Amplitude set to 4)
https://www.tradingview.com/script/U1SJ8ubc-HalfTrend/
TradingView's Bars set to Heikin Ashi.