Life is too short to have anything but delusional notions about yourself.
- Joined Apr 2009 | Status: Live and learn. | 21,823 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
Scalp, scalp, scalp 5,623 replies
To scalp or not to scalp? (Images included) 18 replies
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EA: Envelope Bounce 5 Min Scalp 12 replies
15 min indicator on 5 min chart 3 replies
Dislikedhoss, are you trading a real account now? are your results on par with your demo results?
i've been watching this thread closely as i trade a similar style on the short time frame and another system on 15M..Ignored
DislikedThe results are the same, just not using the same kind of money. I wish I was! How do you do on the 15 minute?Ignored
DislikedWhich broker are you with?
15M has been very good to me but I'm trying to stick to shorter timeframes. Fighting my impatience on every trade isn't worth it..
I really like the 30+ pips away from EMA200 alert idea. Everything is a little too close to EM200 right now for me to even look for setups so I might make a coffee and write that up real fast..Ignored
DislikedWhich broker are you with?
15M has been very good to me but I'm trying to stick to shorter timeframes. Fighting my impatience on every trade isn't worth it..
I really like the 30+ pips away from EMA200 alert idea. Everything is a little too close to EM200 right now for me to even look for setups so I might make a coffee and write that up real fast..Ignored
DislikedHow do we avoid taking losses on price action like it is now, price been runnning up on upper b/b for the last 30mins or so, price drops down a little
then goes back up just enough to make rsi show overbought a couple of times, price is close to murray math line as well, have shorted twice and lost twice, any advice from anyone on how to avoid this would be much appreciated. Am using Alpari uk
Kind Regards
GeoffIgnored
DislikedHello All
Great thread. I put together an indicator that will signal when the price is a certain amount of pips away from the 200 EMA. That variable can be changed. It is set for 25 as default.
I am not a professional coder, but know enough to be dangerous. I use IBFX and they now use 5 digits and 3 digits for JPY. This indicator is set up for those parameters.
I am attaching the .ex4 version. Once I have a chance to clean up the coding, I will post the .mq4
I hope this helps.
Regards,
MarkIgnored
DislikedHello All
Great thread. I put together an indicator that will signal when the price is a certain amount of pips away from the 200 EMA. That variable can be changed. It is set for 25 as default.
I am not a professional coder, but know enough to be dangerous. I use IBFX and they now use 5 digits and 3 digits for JPY. This indicator is set up for those parameters.
I am attaching the .ex4 version. Once I have a chance to clean up the coding, I will post the .mq4
I hope this helps.
Regards,
MarkIgnored
DislikedWhich broker are you with?
15M has been very good to me but I'm trying to stick to shorter timeframes. Fighting my impatience on every trade isn't worth it..
I really like the 30+ pips away from EMA200 alert idea. Everything is a little too close to EM200 right now for me to even look for setups so I might make a coffee and write that up real fast..Ignored
DislikedOh, its not too good to be true. It works, and many people clean up on mean reversion strategies with aggressive compounding. They don't post here because they're out on a beach somewhere, lol. You just have to use a broker with honest quotes. Just don't get caught by an outlier that wipes out all your profits.Ignored
DislikedToothman
Here is the on screen indicator that provides the distance from the 200 EMA.
Regards,
MarkIgnored