This is my personnal script and rules for scalping Cryptocurrencies (on bitmex) and SP500 (or DAX or DJI) on 1 minute timeframe
Advantages: -Simple to use with clear rules -High success rate (if you follow the rules) -cheap Stoploss -Mean risk-reward ratio>2.2 -Possibility to catch and stay in big move
Rules: 1) Use heinkin ashi candles (remove noise) 2)Long entry: - Price above SMA50 (SMA 50 rising is better) -White line = entry long if RSI is not red -Stop loss few ticks below the recent low -Take profit when red line or dots appear above bars 3) Short entry - Price belowSMA50 (SMA 50 fallingis better) -redline = entry short if RSI is not green -Stop loss few ticks above the recent low -Take profit when white line or dots appear below bars
Contact by MP for access rules
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update
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improvement
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Adding the possibility to plot a second ICHIMOKU of other timeframe on the same chart Adding Alarm condition
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correction of one bug in ALERT part
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again
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Update
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bug for ichimoku solved
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update
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debug
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Presentation change and add option to plot multi TF ichimoku