I have exited GU +7pips
- | Joined Nov 2010 | Status: Member | 75 Posts
Develop the old ways! Backtest with 25% quality... JOKE!
DSS Scalper forex System 2 replies
5-min PASS (Price Action Scalper System) SIGNAL 11 replies
15 min indicator on 5 min chart 3 replies
$ 2.4 Billion Scalper System 13 replies
Need a good Metatrader broker for a scalper system 14 replies
DislikedWhat if someone programmed an alert of a sort? Wouldn't that be helpful? Not an EA, but an alert so that, with many pairs to watch, you wouldn't miss good trades?Ignored
DislikedFalse breakout and hit my stoploss. I got in too early, should have let it prove itself first. Anyways, now looking for a possible short, but it's getting close to noon EST, so it may not happen for me.Ignored
DislikedNow that almost everyone is familiar with the basic system rules, I've decided to step it up a little and make it a bit more complicated, in hopes that these tips will help out with entry.
Use of RSI(4)
This indicator can be used to confirm the breakout of the support/resistance level represented by the downfractal/upfractal as outlined in the system rules. If we are about to breakout, I would like to see the RSI(4) indicator heading down and at or below 30 for a bearish breakout, and heading up and at or...Ignored