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-   -   Trendline Scalping System (https://www.forexfactory.com/showthread.php?t=912456)

swilliam Apr 27, 2019 3:50pm | Post# 1

Trendline Scalping System
 
5 Attachment(s)
RULES

  1. NO Trolls.
  2. NO discussion of other non related systems.
  3. NO discussion of commercial materials (Brokers, Paid Products, etc)
  4. NO attacking and disrespecting other members.
  5. You can add tweaks to the system, but NOT change the Main Concept!
  6. Sharing other indicators not related will be ignored.

RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE!


Timeframes
M1, M5 or M15


Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)

Click to Enlarge

Name: TMT BUY.PNG
Size: 26 KB


Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)

Click to Enlarge

Name: TMT SELL.PNG
Size: 29 KB


Main Concept

Click to Enlarge

Name: BUY TL.png
Size: 13 KB

Click to Enlarge

Name: SELL TL.png
Size: 66 KB


Indicators & Template
TMT UPDATE.zip


Emerald2112 Apr 27, 2019 4:39pm | Post# 2

Is the fxglow indicator no good then?

MJurban Apr 27, 2019 5:13pm | Post# 3

i trade almost the same Strategie when scalping m5 and m15
ist a very solid Strategie and very easy to follow

scsstnt Apr 27, 2019 7:05pm | Post# 4

Thank you for the update and sharing,this is much better in terms of its user interface......should be profitable I can tell :-)

OminoFetish Apr 27, 2019 9:04pm | Post# 5

@Swilliam:

copy and past my question from "old" topic:


(indicator) Daily Candle:
-how to "read" this indicator?
-change/range (what's are this, how work?)
-distance from high/low (what's this, how work?)
-swap long/short (what's this this work?)
-Do you operate in any condition of "daily candle"? eg green candle, with long upper shadow, (like a normal "hammer" candle pattern) do u take this long trade in any case? if not, what u use and why?)

NorthCamelFX Apr 27, 2019 9:39pm | Post# 6

Thanks.

goodways100 Apr 28, 2019 12:51am | Post# 7

Will try on Monday. Thanks and
Regards

swilliam Apr 28, 2019 2:18am | Post# 8

Is the fxglow indicator no good then?
No, they function the same.
Select what you want

Pollen Apr 28, 2019 2:43am | Post# 9

{quote} No, they function the same. Select what you want
Honestly the Fxglow rsi and mfi is better in terms of visuals.
It makes it easier for to find setups rather than reading the graphs.

But nice new thread, i will be posting here too.

But the OLD thread is like home for me!!!

dicojoxaftr Apr 28, 2019 7:11am | Post# 10

{quote} Honestly the Fxglow rsi and mfi is better in terms of visuals. It makes it easier for to find setups rather than reading the graphs. But nice new thread, i will be posting here too. But the OLD thread is like home for me!!!
i dont like season 2 !!!

dicojoxaftr Apr 28, 2019 8:05am | Post# 11

Is the fxglow indicator no good then?
everything looks good when you chose the right chart to show you strategy probability
try to trade this strategy with real money for just a week and let me know

dicojoxaftr Apr 28, 2019 8:20am | Post# 12

1 Attachment(s)
"trading is so easy" as a title
"only $30 and you have the secret indicator with ea" as a delicious line
"a simple chart" as a trap
Click to Enlarge

Name: EURUSDM15.png
Size: 37 KB

this is a simple day of a wolf simulation

dicojoxaftr Apr 28, 2019 8:26am | Post# 13

well on reality you will just lose

the only chance for us to win a little is to open orders randomly,
because their main system is easy, they just move the price up when theres more sellers than buyers and when the buyers are more than the sellers they just move the price down, but when the buyers and sellers are everywhere they will get confused because if they go up some will win if they go down some will win too and that is a big problem for them, because they make the game to win money not to lose it to you ppl

cheers
try to make them confused

dicojoxaftr Apr 28, 2019 8:43am | Post# 14

i'll give you a trading secret "but not like george's fantasy secret"

when you see a strategy or an indicator or an ea that has a good potential and it get spreaded widely on the net, try in these days "preferably the first days when it get announced/posted" to take the opposite of that stra/indi or ea, you will win always because the main system of the market makers is "on" on that strategy etc... entries which is when theres more sellers than buyers the price will go up, if you do this and it doesn't work know that you are too late because the herd stop following their leaders or the stra/indi/ea wasn't that popular

cheers

Pollen Apr 28, 2019 8:51am | Post# 15

well on reality you will just lose the only chance for us to win a little is to open orders randomly, because their main system is easy, they just move the price up when theres more sellers than buyers and when the buyers are more than the sellers they just move the price down, but when the buyers and sellers are everywhere they will get confused because if they go up some will win if they go down some will win too and that is a big problem for them, because they make the game to win money not to lose it to you ppl cheers try to make...

Haha
Better not mislead people here , otherwise

RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE!


dicojoxaftr Apr 28, 2019 9:11am | Post# 16

{quote} mislead
keep dreaming

swilliam Apr 28, 2019 2:31pm | Post# 17

lets be on track guys

BubaYaga Apr 29, 2019 4:24am | Post# 18

1 Attachment(s)
XAUUSD 1 minute chart.
Click to Enlarge

Name: GOLD.jpg
Size: 219 KB

dicojoxaftr Apr 29, 2019 7:25am | Post# 19

1 Attachment(s)


you will get a better profit following a wolf than following a noob acting like a pro like the dude above this post "acting like a pro" ....
but in long run, the casino always win, remember that

jk

have fun

Click to Enlarge

Name: XAUUSDM1.png
Size: 34 KB

swilliam Apr 29, 2019 7:44am | Post# 20

you will get a better profit following a wolf than following a noob acting like a pro like the dude above this post "acting like a pro" .... but in long run, the casino always win, remember that jk have fun {image}

Your 10 posts has no significance at all. You are free to troll elsewhere. Goodbye


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