Idea here is to scalp , but scalp for the extreme moves and also not go against the trend at the same time. This Scalping technique uses 2 indicator legendary Mr. Yen told the HAMA and the colored price range boxes. The idea is when the HAMA color is in uptrend(downtrend) and the price moves in the lower yellow band(upper yellow band) you can scalp in the opposite side of the move. It can be good for catching some quick profits and the best part is because you don't go against trend the drawndowns won't be much significant.
Comment:
both the indicators have been coded by -: GlobalMarketSignals