Technicals on 1 minute charts

Discussion in 'Technical Analysis' started by kmgilroy89, Oct 2, 2012.

  1. 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:
    20 Periods
    2 Standard Deviations
    Simple Moving Average

    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.
  2. 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.
  3. I'm scalping. I just try to make a few pennies on each trade.
  4. Lucrum


    Yeah I got that part, but that doesn't answer my question.
  5. spd


    None of that will help you scalp.
  6. 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.