Technicals on 1 minute charts

K

kmgilroy89

I was wondering what type of settings people like to use for their technicals for 1 minute charts. I'm trying to scalp combining technicals with the T&S and Level 2. Right now I have up:

Stochastic Oscillator:
14 %K Periods
3 %K Slowing
3 %D Periods
-I'm using a simple moving average

Bollinger Bands:
Close
20 Periods
2 Standard Deviations
Simple Moving Average

MACD:
26 Long Cycle
12 Short Cycle
9 Signal Periods

These are all based off of some videos I watched on Youtube, but they weren't scalping. I wonder if I should be using EMAs instead and adjusting the settings. Any help would be appreciated. Thanks.
 
Quote from kmgilroy89:

Stochastic Oscillator:

Bollinger Bands:

MACD:
More...
Why would you even need all that stuff to begin with?
And a 1 minute time frame is a very short time frame, especially if you're just starting out.
 
Quote from Lucrum:

Why would you even need all that stuff to begin with?
And a 1 minute time frame is a very short time frame, especially if you're just starting out.
More...

I'm scalping. I just try to make a few pennies on each trade.
 
Quote from kmgilroy89:

I'm scalping. I just try to make a few pennies on each trade.
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Yeah I got that part, but that doesn't answer my question.
 
Quote from kmgilroy89:

I was wondering what type of settings people like to use for their technicals for 1 minute charts. I'm trying to scalp combining technicals with the T&S and Level 2. Right now I have up:

Stochastic Oscillator:
14 %K Periods
3 %K Slowing
3 %D Periods
-I'm using a simple moving average

Bollinger Bands:
Close
20 Periods
2 Standard Deviations
Simple Moving Average

MACD:
26 Long Cycle
12 Short Cycle
9 Signal Periods

These are all based off of some videos I watched on Youtube, but they weren't scalping. I wonder if I should be using EMAs instead and adjusting the settings. Any help would be appreciated. Thanks.
More...

None of that will help you scalp.
 
Throw out the 1-min bars, if you must scalp use the DOM/Ladder only ->This is not advice. Your time-frame should be many orders of magnitude higher.
 
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