Here is a concept that I enjoy scalping on NQ, Oil S&P etc
This is a breakout strategy however we use the MAC and emas for conformation.
This can be used on short time frames and longer timeframes however I do recomend a 10min chart for scalping the NQ.
Risk is up to you, everyone has their own risk to reward.
Not much more to say on it really, is basic and clear to understand.
There is a chart attached with arrows showing roughly were the trades are taken, the video I made is better for info.
PLEASE NOTE: I added VWAP and have taken the 20 ema of the left side chart, the higher time frame chart.
VWAP ( only on the parent chart, higher timeframe chart)
I use 5ema and VWAP on higher time frame
5, 20 ema on lower timeframe chart
MACD: 8/20/5 (You can also change this to 5,20,5 to match the ema's of 5 & 20.
CCI 20 and it's ema 14.
PLEASE CHECK POST 19 FOR UPDATE ON CONCEPT AND INDICATOTS
This is a breakout strategy however we use the MAC and emas for conformation.
This can be used on short time frames and longer timeframes however I do recomend a 10min chart for scalping the NQ.
Risk is up to you, everyone has their own risk to reward.
Not much more to say on it really, is basic and clear to understand.
There is a chart attached with arrows showing roughly were the trades are taken, the video I made is better for info.
PLEASE NOTE: I added VWAP and have taken the 20 ema of the left side chart, the higher time frame chart.
VWAP ( only on the parent chart, higher timeframe chart)
I use 5ema and VWAP on higher time frame
5, 20 ema on lower timeframe chart
MACD: 8/20/5 (You can also change this to 5,20,5 to match the ema's of 5 & 20.
CCI 20 and it's ema 14.
PLEASE CHECK POST 19 FOR UPDATE ON CONCEPT AND INDICATOTS
Inserted Video