1 Minute Chart Strategies
1 Minute Time Frame Trading
An example of 1 Minute Simple System - that's a combination of:
- Moving Average Cross-over Strategy
- RSI
- MACD Indicator
1 Minute Examples Strategy Method Rules are:
1 Minute Chart Strategy - 1 Minute Chart Strategies - 1 Minute Example Strategy - 1 Minute Time Frame Strategy Method
Trading Rules: 1 Minute Time Frame Strategy - 1 Minute Indicators
Buy Signal is Generated when: - 1 Minute Time Frame Strategy - 1 Minute Indicators
- Both MAs moving up
- RSI is above 50
- MACD above center line
Sell Signal is Generated when: - 1 Minute Time Frame Strategy - 1 Minute Indicators
- Both Moving Averages moving down
- RSI is below 50
- MACD below center line
1 Minute Time Frame Strategy - 1 Minute Time Frame Trading - 1 Minute Indicators
Exit Signal - 1 Minute Chart Strategy
Exit signal gets generated when MAs, RSI and MACD indicators give a signal in opposite direction.
The chart timeframe to use is 1 Minute chart time frame.
For a beginner trader wanting to come up with a 1 Minute Chart Strategy the above written rules will give a good example template of a 1 Minute Chart Strategy that can be used to generate buy and sell signals - 1 Minute Example Strategy - 1 Minute Time Frame Strategy - 1 Minute Time Frame Trading - 1 Minute Simple System.
1 Minute Chart Strategy - 1 Minute Chart Strategies - 1 Minute Example Strategy
Generating Signals with this 1 Minute gold system is the best technique that a beginner can attempt to determine market trend & with a little back-testing on practice trading account so as to test this 1 Min System
The best way to backtest a strategy is by following these two steps:
- Paper Trade your 1 Min Simple System
- Demo Trade your 1 Min Simple System
A good tool to use to back-test your 1 Minute Simple System is referred to as the MetaTrader 4 XAUUSD Step by Step Tool. Found in MT4 charts tool-bar of MetaTrader 4 platform, If you want to find the chart toolbar in the MetaTrader 4 platform it's at the top of MT4 software platform. If it's not: Click View (next to file, left top corner of MT4)>>> ToolBar >>> Charts. Then click Customize button >>> Choose Gold Step by Step >>> Click Insert >>> Close.
MT4 1 Minute Chart Tool Bars - How to Trade 1 Minute Chart for Beginners
MetaTrader 4 XAUUSD Step by Step Button for 1 Minute Chart Strategy - 1 Minute Chart Strategy - 1 Minute Chart Strategies Methods
Once you get this MetaTrader 4 tool you can move your 1 Minute chart backwards, and use this MetaTrader 4 step by step button to move the 1 Minute chart xauusd step by step while at the same time testing when your 1 Minute simple system would have generated either a buy or sell signals, and where you'd have exited the trade transactions, then write the amount of profit or loss per trades made using the 1 Minute Chart Strategies & out of a sample number of trade transactions you would then calculate the overall profits and losses generated by the 1 Minute Chart strategy - 1 Minute Chart Strategy.
If your 1 Min strategy is profitable on paper method then, it's time to demo trade & test if the 1 Minute Chart Strategy is profitable on the real market as it's on paper method. This is the process of back testing the 1 Minute Chart Strategy.
Maintain a Journal to keep record of profitable trade transactions, & determine why these trade transactions were profitable. And also maintain record of all losing trades, determine why these trades made a loss and the avoid making these same mistakes the next time you trade using your 1 Minute Chart Strategies.
Tweak your trading system until you get a good risk : reward ratio, with the signals that you as a trader generate. Aim for a good risk: reward of 3:1 & use money management principles and read the topic about: Risk : Reward Ratio - 1 Minute Chart Strategy - 1 Minute Chart Strategies - 1 Minute Example Strategy.
1 Minute Chart Strategy - 1 Minute Chart Strategies - 1 Minute Example Strategy
