M1 Countertrend Scalping Strategy

Start of the trading day...

Money in those hills....

It seems you just want to brag about how good your system is. A number of posters have repeatedly asked you to share your indicators or at least point them to where they can find them, but you've ignored them. Others have freely shared what works for them, why can't you?

It seems to me that a few people do not read either, so I attached my first screenprint again for those whom do not like to read but make requests. All Indicators are available to you freely now and in the past, obtain them and put them to use for you can declare them your system but remember the Trader is the Holy Grail. I dont brag I motivate, have a great day. cpfleger

It's sometimes easy to forget what it was like when we entered the world of trading. So much to learn and no idea where to start. Most importantly where to look.
Also our circumstances all vary. Some of us are in perhaps a 2 room apartment a wife and 4 kids all under 6yrs.The trading room is a small desk under the steps which lead to the bedroom.A 10yr laptop that must be plugged in at all times. Others have much more but we all face the same hurdles.

We are all looking to get out of our circumstances.

I make a point of carefully checking any charts for clues as to what indicators the poster is using...sometimes there will be a web address pointing the way.
It's very easy to replicate most templates with MT4s indicators just keep changing a moving average settings and you will soon find the setting comparing it to the posted gif.

Clicking on a posters profile will reveal a treasure trove of information and files. Yes even big bad cpfleger....lol
I'm always reminded of a Swingman quote ....."Forex traders are collectors of indicators"

Hope this is helpful.
Regards
lpp

The support and resistance in the charts seem to be from the Transient-zone-indicator (a nice one, I may add):


OR a version of the SupDem indicator:



The candles seem to be standard Heikin Ashi (you can find them everywhere). So are the EMAs that were already discussed in the first page (9, 20, 50, 200).

Cannot find that precise RSI variation but it seems to be a standard (non-smoothed) RSI with a colored MA overlay for directions. We don't know if he is using colors, direction, divergence, overbought-oversold or if it's only for decoration.

You should focus in creating your own entry criteria. Indicators and templates are not as important as understanding the main premise and the markets you trade. Have a good one!

Here are the color candles and color RSi to match.

Try this

Thank you!

Hi cpfleger , may I know your rsi div1 indicator setting?

kasrafx,

Since you took the initiative, I will respond. cpfleger

Thanks a lot

Sunday preparation for your trading Business.

Patience....

Patience is profits (PIPs)

5M patient scalpers...

Successful Sunday night...

EMA Strategy works on any TF and any financial Instrument...

Hello,I just found this thread,contributing towards its development,great stuff Abade