All trading logic revealed!

Filter market conditions with multiple indicators,

By tightening entry conditions,trend-following at ironclad pointsbecomes possible!

”Weekdays 16:00–23:00” 1-minute time-frame scalping indicator & order tool

『Jiatama FX Scal V2』

An order tool with a “Safety” feature that only allows entries when conditions are met,

Escape the wasteful “button-pushing habit”

◆ What is the trade logic of Jiatama FX Scal V2?

MACD and RSI are used to filter the market direction,

Keltner Channel and Envelopes are used to determine range conditions,

and multi-timeframe ZigZag, moving-average cycles, and Dow Theory are used to gauge wave size and entry timing.

First, a simple flow up to entry is shown.

1. Yellow trigger line for market reversal appears

2. Entry direction line appears

3. When entry conditions match, a chance signal (B, S, OK, NG) appears to enter, or after a chance signal appears, enter clearly by breaking the recent high/low.

4. Exit when price touches the band or when the trigger line reappears

Next, we will explain in detail the trading logic for how each line and signal appears.

Market judgment by indicators

1. MACD and RSI entry conditions align (buy/sell direction)> Yellow trigger line appears

For a buy: when conditions ① and ② are met

① On the 1-minute chart, MACD (20,40,9) with MACD > Signal

② On the 1-minute RSI (14), RSI >= 51

For a sell: when conditions ① and ② are met

① On the 1-minute MACD (20,40,9) with MACD < Signal

② On the 1-minute RSI (14), RSI <= 49

2. Blue or redEntry line appears

Conditions for entry line appearance are as follows

【Buy】

① The current price exceeds the high of the candle where the trigger occurred.

② The three EMAs (short: 5, mid: 20, long: 40) are arranged from top in one of the following orders,

(Long 40 > Short 5 > Mid 20)・(Mid 20 > Short 5 > Long 40)・(Short 5 > Mid 20 > Long 40) and,

1-minute MACD (20,40,9) shows MACD > Signal.

③ Not in a range. The conditions to determine a range are the following two.

(Envelopes(20, EMA, 0.05) band contains the Keltner_ATR_Band(50.0, 3.5) band) = K-range

(Keltner_ATR_Band(50.0, >3.5) band contains Envelopes(20, EMA, 0.05)) = E-range

【Sell】

Next, to decide if you should really enter, seven filters including target range, Dow wave on 1- and 5-minute charts, and volatility are used to filter.

If these detailed ancillary conditions do not align, an order-avoidance reason is clearly shown at the chart bottom as a signal with □ and ◯; if the conditions do not match, the area is filled black and the reason is shown in text.

※ Orange text indicates the order-avoidance reason text.

Order judgment conditions and symbol order

1. The first ◯ is a black-out condition

・The current price does not exceed the high/low of the trigger candle (entry target)

・Moving-average cycle has not reached entry state

“High/Low not reached” and “not cycled”

2. The second ◯ is a black-out condition

・It is a range (E-range, K-range)

6. The first □ is a black-out condition

・The current price is more than 2.5 PIPS away from the entry target (the high/low of the trigger candle)

・The current price is within 2.5 PIPS of the Envelopes upper/lower band (exit target)

“*T Deviation” and “*B Reach”

7. The second □ is a black-out condition
The Dow does not agree with the current buy/sell.

“*Dow”

If all seven order-judgment conditions are met,

or if only some do not align, the displayed “Chance Signals” become the buy/sell signals.OK!

Levels of Chance Signals

In Jiatama FX ScalV2, depending on the filtered market state via indicators and the difference in order-judgment match, different real-time chance signals appear.

OK! B2

NG! S2

OK! appears when

In addition to the three conditions for the entry line appearing (red or blue),

if all order-judgment conditions are met (white filled) at that moment,OK! plus

S1, B1 are shown as the most important chance signals.

Another pattern, if only the order-avoidance reason shows“*Dowonly

The second □ black-out condition =Dow does not align with the current trade.

In that case, in addition to the OK! display, P2/S2 and B2 are shown as chance signals.

※ Many S2/B2 displays occur when only the Dow condition is not met, but there are cases where neither the Dow condition nor the long-term big Up/Dw condition is met.

In such cases NG!! is displayed, but it is treated the same as conditions ①-② in price action

NG! appears when

In addition to the three entry-line conditions, if the order-avoidance reason shows

“Long-term big Up/Dw”appears =

4. The fourth ◯ is blacked out =The high/low range of the bands formed by the 5-minute EMA exceeds 35 PIPS

In this case, NG! is displayed andS3, B3are shown as chance signals.

These chance signals suggest trades are possible, but

whether the most recent high/low has been broken should always be checked.

Signals are not simply “enter now”; different chance signals have different meanings, so understanding the trading logic and signal meanings makes it possible to instantly gauge how reliable each chance signal is.

Trading examples with different chance signals (including passes)

B1 Ironclad buy entry. You may enter immediately, but place an order on a break of the recent high, with decision on the envelope band touch or the opposite trigger line for exit.

S2 Entry. Enter as soon as the entry line appears since it has broken the recent low. Exit on band touch.

S2 Pass pattern. Not clearly exceeding the recent low.

B3 Pass pattern. The recent 5-minute Dow has already risen by 35 pips or more (long-term big Up).

Until now, you would end with a complex combination of indicators and order judgments that filter signals,

but Jiatama FX Scal V2 goes beyond that with a more refined follow-up tool.

What sets Jiatama FX Scal V2 apart from other signal tools is that it also includesa more detailed follow-up toolto further assist your trading!

Not just indicators! A tool EA with multiple functions

Feature 1: Order judgment-integrated entry & exit EA (order tool)

What you see bottom-left is the order function. In addition to buy/sell orders, there are full-close buttons and default TP (take profit) and SL (stop loss) simultaneous order features.

Furthermore, by default, there is a breakeven move of the stop when the profit goes beyond 2 pips, moving the stop to the entry price!

Even with just this,it focuses on how to avoid losses.

What is notable isthe seven order judgments are linked to the order-entry function.

After the entry line appears,you can only place an order if a Chance Signal (S1, B1, S2, B2, S3, B3) is active.

Also, you can modify conditions yourself to find trading opportunities. If you click the “Order Judgment Mark” on the order panel, conditions are released and you can place orders with the order button.

For example, if you want to trade outside Tokyo hours (not between 16:00–23:00), click the rightmost ◯ Order-Avoidance button to allow orders outside hours when conditions are met.

Clicking the second □ from the left will release the condition for “Dow” not being aligned.“Dow”not aligned

Clicking the fourth ◯ from the left will release the condition for “Long-term big Up/Dw.”“Long-term big Up/Dw”not aligned

However, the third ◯ from the left,the order-avoidance judgment that current price is not exceeding the trigger candle high/lowcannot be released. It is an essential element for trend-following entries.

Also,if you change conditions using the order-avoidance buttons, the Chance Signals like S1, B1 may disappear. In that case, if the modified conditions align,you will simply see S, B. Please note.

 

Feature 2: Auto-snap at trigger line and entry line appearance

Since Jiatama FX Scal V2 performs real-time market judgment,lines and signs do not appear on past charts.

（

Of course, if MT4 is left running, lines and signs remain on the chart, but to review what happened after a chance signal appeared, there is a “snap” feature that saves the chart image.

You can take snap images anytime by pressing the button, and by adjusting parameters, when a trigger line appears, or when an entry line appears, it automatically snaps and saves into MT4’s “files” folder.

By reviewing the auto-saved images frame-by-frame, you can see how the market situation changed and in what contexts the signals appeared.

(A GIF of a snapshot from 2019/08/13 is included)

Other PR points I personally recommend

So far I’ve explained, briefly, the features and functions of Jiatama FX Scal V2 (you’ll benefit from reading the manual several times until you understand it). There are many more indicator functions that are not fully covered here, but prove useful in practice.

For example, automatic support/resistance lines drawn on the ZigZag indicator (gray horizontal line).

If you watch closely, you’ll see ideal entry opportunities appear.

(Note: this is not the standard Jiatama FX Scal V2 usage, so use at your own risk…)

Also, drawing the Daily HL lines for the day with a width in pips and green line helps judge today’s volatility after 16:00 when Jiatama FX Scal V2’s trading window starts.

Understanding the Scal V2 logic allows you to trade with your own interpretation.

Frequently Asked Questions

1) Do you have email alerts or alerts?

A: There is a feature to send emails/alerts when the trigger line or entry line appears. ON/OFF possible

2) I want the entry conditions to be a bit more flexible

A: By changing the parameters of the Entry & Exit EA, you can turn on/off entry conditions and adjust their values.

Also, you can turn ON/OFF the usage of the order-judgment panel on the order panel.

3) I want to remove the vertical lines shown on the chart

A: You can hide them with the ON/OFF of Option 1 for the Entry & Exit EA parameters

Trading opportunities (Japan time 16:00–23:00) are roughly

① When OK!! appears

①-① (B1, S1): about 1–2 opportunities per day

①-② (B2, S2): about 10–15 opportunities per day

② When NG!! appears (B3, S3): about 3–5 opportunities per day (tends to persist in one day)

Of course, not every signal will be a winning trade.

Focus on trading opportunities you can have confidence in, rather than trading all signals.

JiatamaFX Scal V2 Indicator