JJN Scalper System MT4

JJN Scalper System MT4

$9.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

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Your price: $9.00

Content: Indicators: SupportResistance.ex4, smMagnified Market Price.ex4, PipKey.ex4, JJN-Scalper.mq4, JJN-Promise.mq4, JJN-Nugget.mq4, JJN-Fibo.mq4, JJN-Bee.mq4, Ind-StDev-AVG.mq4, Ind-GG01-101.mq4, i-CAi.ex4, GG-TrendBar.mq4, GG-RSI-CCI.mq4, GG-RiverFlow.mq4 (Unlocked-Unlimited), Template: JJNewark.tpl, NO MANUAL.

 

JJN Scalper System — Simple Yet Powerful Forex Scalping Strategy

Overview:
The JJN Scalper System is a forex trading strategy designed for scalping on short timeframes like 1-minute or 5-minute charts. Though it may seem complex due to the multiple indicators used, it’s actually straightforward and easy to follow once understood. This system emphasizes disciplined, emotion-free trading combined with strong risk management and market awareness.

Key Points to Remember for Scalping:

  • Trade low-spread currency pairs to minimize costs.

  • Focus on the highly volatile overlapping London-New York session.

  • Maintain a strict risk-to-reward ratio to avoid prolonged losses or premature profits.

  • Emotional control and discipline are essential for success.

Indicators Used in the JJN Scalper System:

  1. Market Trend Indicator:

    • Green box = Bullish market

    • Red box = Bearish market

    • Yellow box = Neutral market

  2. Buy/Sell/Wait Signal Indicator:

    • Provides trade signals directly on the chart.

  3. Entry Arrows:

    • Green arrows indicate buy signals.

    • Red arrows indicate sell signals.

  4. JJN Promise Oscillator:

    • A momentum oscillator fluctuating between -0.0073 and 0.0067.

  5. Histogram:

    • Measures strength of price movements; higher bars indicate stronger momentum.

  6. CCI Filter:

    • Simplifies market direction; color-coded for easy interpretation.

  7. CG Filter:

    • Small dots at the chart bottom that act as additional market condition filters.

Buying Conditions:

  • Price crosses above the orange moving average.

  • JJN Promise Oscillator is above zero.

  • Histogram shows an uptrend.

  • CCI Filter is green.

  • CG Filter is green.

  • A green arrow appears on the chart.

  • 5-minute Market Trend Indicator shows a green box.

  • Buy/Sell/Wait Signal shows Buy.

  • Place stop-loss just below recent swing low.

  • Take profits when a red arrow appears on the chart.

Selling Conditions:

  • Price crosses below the orange moving average.

  • JJN Promise Oscillator is below zero.

  • Histogram shows an uptrend (momentum in the downward move).

  • CCI Filter is red.

  • CG Filter is golden.

  • A red arrow appears on the chart.

  • 5-minute Market Trend Indicator shows a red box.

  • Buy/Sell/Wait Signal shows Sell.

  • Place stop-loss just above recent swing high.

  • Take profits when a green arrow appears on the chart.

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