Dchappy:
I have a minimum of 3 charts per pair
1) Macro view: time chart that i rotate periodically from 240 min to 30 min. Give me an idea of semi macro trend and major areas of support and resistance. The euro has a wide area of rotation that is good for trading. I add the Price Volume Histogram and the dValueArea indicators for analysis. once I got the picture I rotate to lower time frames (15, 5 and 1 min) for price action analysis.
2) The 10/100 range chart to identify the semaphore or trading zone that gives me permission to trade (or the 15 min chart on MT4 which I usually have running as well). If the EURUSD is trading in a narrow range (30 or less pips) I may use an 8/80 range chart and reduce my target profit.
3) The 5/50 range chart for trading as per you method. I also added the scalper as in your picture.
I also trade divergences so I do have two other indicators in my charts.
Carlos
Nice Lay-out , Looks like you.ve covered all the bases ...Thank You