Simple SMA Cross M5 scalping

 

Hello dear traders,

With this simple system, you only need a SMA cross signal generator and a WCCI as confirmation.

Just work on the arrow signals from the SMA cross, but read the movements on the WCCI only as information.

The good thing on the WCCI is that one can see how volatile the market is.

Readings between the +/- 50 levels means a fairly quiet market.

Reading in the +/-100-200 levels means more volatile markets.

The SMA cross signal generator don't repaint !

I work on the M5 TF but works also on higher time frames.

Only 1M is too fast and not so profitable due to the spread.

Why complicate things with so many indicators ?

Try it on a demo and see for your self...

Indicators and template inculed.

 

thank you for sharing your system.

but would you please post them again . i don't have any link.

 

When does the SMA indicator confirm a signal? Is it the current candle close or the next consecutive candle close?

 
desander:
Hello dear traders,

With this simple system, you only need a SMA cross signal generator and a WCCI as confirmation.

Just work on the arrow signals from the SMA cross, but read the movements on the WCCI only as information.

The good thing on the WCCI is that one can see how volatile the market is.

Readings between the +/- 50 levels means a fairly quiet market.

Reading in the +/-100-200 levels means more volatile markets.

The SMA cross signal generator don't repaint !

I work on the M5 TF but works also on higher time frames.

Only 1M is too fast and not so profitable due to the spread.

Why complicate things with so many indicators ?

Try it on a demo and see for your self...

Indicators and template inculed.

For scalping purposes using 5 minutes do you take the trade as soon as conditions are met or do you wait till the close of the candle?

How do you use the doubleCCI?

Thanks

 

Sl / tp

On 5 minutes TF what is your SL/TP goal ?

desander:
Hello dear traders,

With this simple system, you only need a SMA cross signal generator and a WCCI as confirmation.

Just work on the arrow signals from the SMA cross, but read the movements on the WCCI only as information.

The good thing on the WCCI is that one can see how volatile the market is.

Readings between the +/- 50 levels means a fairly quiet market.

Reading in the +/-100-200 levels means more volatile markets.

The SMA cross signal generator don't repaint !

I work on the M5 TF but works also on higher time frames.

Only 1M is too fast and not so profitable due to the spread.

Why complicate things with so many indicators ?

Try it on a demo and see for your self...

Indicators and template inculed.
 

What do you use to determine when to exit?

 

Anyone know what happened to Desander with his Keep It Simple, Just Trade the SMA and Woodies approach?

 

the sma cross repaints

 

THe SMA CrossOver.mq4 does load on the chart

 
darrenlall:
THe SMA CrossOver.mq4 does load on the chart

It will load now : sma_crossover.mq4

Files:
 
mladen:
It will load now : sma_crossover.mq4

It does work

Reason: