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.
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.
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.