The 10 Points Scalping System: MACD & Stochastic
The "10 Points" system is a classic M1 scalping strategy designed for high-volatility currency pairs. It aims to capture quick 10-pip movements during the European and American sessions by using MACD for trend direction and Stochastic for entry timing.
Strategy Profile
Timeframe
M1 (1-Minute)
Pairs
Majors & JPY Pairs
Target
10 Points
1. Indicator Setup
Apply these oscillators to your M1 chart:
- MACD Oscillator: Settings 13, 26, 9.
- Stochastic Oscillator: Settings 5, 3, 3.
2. Long Entry (Buy) Rules
- Trend: The MACD histogram is in the positive zone (above zero).
- Trigger: The Stochastic Oscillator drops below level 20 and then crosses back above it.
3. Short Entry (Sell) Rules
- Trend: The MACD histogram is in the negative zone (below zero).
- Trigger: The Stochastic Oscillator rises above level 80 and then crosses back below it.
Trade Management
- Take Profit: Fixed at 10 points.
- Stop Loss: 1 point above/below the nearest local High/Low.
Quick Wins: Scalp for 10 points at a time and boost your income with rebates.
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