What indicators would you recommend for scalping. They could be default or custome.

Thanks

For Use on M1 chart

I tried to post everything for scalping in one thread here.

I can not recommend anything.
But Paramon's system is very famous.
Also KiS (Channel-and-Averages) system is good as well.

We have several indicators for those systems already and many people are trading using Paramon's and KiS system.
KiS is "Kanal i Srednie". It is Russian language and we may translate it as Channel and Averages.

If anybody knows some an other system please post here.

I will try to describe all these systems this week.

It is not difficult to describe the KiS system: we have two indicators already and I will translate the manual to English.
But difficult to explain about Paramon's system.
But I will try by the end of next week.
Or tomorrow may be ...

Hi newdigital . .
can u plz explain how paramons does work ??

best regards

I explained it here shortly. As I know Paramon did not use any indicators. He used M30 timeframe, group movement of the price and stop on M5 timeframe. Some people created some indicators to trade as Paramon (because few people only could repeat his trades without indicators). So I explained about it shortly on the link provided.

The M1 chart has a unique and interesting pattern and if it could be fully understood, one can make great success trading it.

For me i use the zigzag pointer. its not too proficient but works sometime for me.

I'm still in search of a very good filter i could use to combine with it.

Well shakesfx seems to have mastered the 1 minute chart - he has proofed his trades on a different thread here and made 3098 pips in 8 days of trading !!

Here is a link to it: Shakesfx Journal. Scalping the pip outta it...

Do u happen to know his method? It seems its not posted in the thread.....