TMT Scalping System
Timeframe:
M5 or M15
Buy Rules
1. Daily candle is Green
2. RSI Filter is Blue
3. MFI Meter is Green
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your targets
Sell Rules
1. Daily candle is Red
2. RSI Filter is Pink
3. MFI Meter is Red
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your targets
Optional Rules
1. Trade on London/US session
2. Avoid trading 30Minutes before and after Major News
Stoploss & Takeprofit
10-20Pips
I can set my SL = 10Pips and TP = 10Pips
I can set my SL = 10Pips and TP = 15Pips
I can set my SL = 10Pips and TP = 20Pips
I can set my SL = 7Pips and TP = 20Pips
Risk Reward can vary from 1:1 to 1:3
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