hi all
sory 4 my english at 1st point
i just wanna share with you the system that i started to use last week
its pretty god in my opinion it still requaire some work with filtering bad signals
but the loss is always small ant the win could be big! so whats more do we need?
but first I wanna say BIG THANX to Lou G for coding the ALF
edit 25.06.2010 update to v2 =]
entry rules : generaly its up to you guys witch entry you will take!
important is to price cross both ALF ( normal and mtf) and to alf mtf not strong rise when we short and not strong fall when we long
sometimes it can but slowly
rest is up to you !
we have 2 osma one set to show osma on 5min ale one normal
and we have a macd one mtf set to 5min and one normal 1min
generaly i prefer entrys in directions of both like here: everything down so we short
http://img717.imageshack.us/img717/9679/przyklad11.gif
but as we known the macd is based on movin avagres witch are LAGGY
so sometimes we can enter in direction only osma 5min and 1min
macd should be backing slowly to 0 like here
http://img340.imageshack.us/img340/5098/przyklad3.gif
for reentry i prefer signal from 1min osma and everything else in place its up to you if you wait for break last hihg / low or not.. if to last high/low is at least 5pips maybi its good to take a risk and take 5pips if it will be just 2t or 2b?
like here:
http://img10.imageshack.us/img10/2337/re1k.gif http://img408.imageshack.us/img408/9323/2reenry.gif
there are 2 ma also 50 and 200 you can use 200 ma as long only/ short only filter but again MA ar lagy so if you feel the trade you dont have to !
remembour trading is never 100% mechanical! tou must known the basics of PA and feel the trade!
ma 50 works as s/r level
exits: totaly random! based on PA usualy
i like exit half at +10 and rest on 5min alf touch (or cross ma 50)(if i took entry based on MACD and OSMA toogether)
if i enter on just osma i usualy close all at +10 or where i see that pa will reverse
or where it crossed alf again again never 100% mechanical
and we have it candles also on chart it colors the charts it is just to see a trend even the small one without draving any lines etc
you can wait for green/red candle if you like but dont have to...
watch out for divs on exit sometimes and be caerfoul during news - there is no system witch can predict news =]
temp is for eu set if you wanna other currency posible that you will have to change in osma and macd the max and min value.. but it is important to max and min were the same- to see the 0 level on mtf and normal in one place!
and again if you like my system please rate it
i dont known why we have 4 stars only..
edit2 many pepoul ask about chat room etc
i dont known if it is such a good idea but lets try it out...
go there
http://spikeria.pl/room/bbolss/
enter any nick
the pass is "1min" without " " off course=]
read also this
http://www.forexfactory.com/showpost.php?p=3802688
and this
http://www.forexfactory.com/showpost.php?p=3802708
very useful stuff !
edit 17.07.2010
version v3 beta in this post
http://www.forexfactory.com/showpost...&postcount=552
so what do you Guys think?
i would love to see comments/ ideas lets make the best scalping strategy ever !
sory 4 my english at 1st point
i just wanna share with you the system that i started to use last week
its pretty god in my opinion it still requaire some work with filtering bad signals
but the loss is always small ant the win could be big! so whats more do we need?
but first I wanna say BIG THANX to Lou G for coding the ALF
Inserted Code
[b]What is ALF? Adaptive Laguerre Filter - an indicator created by John Ehlers. It is a superior overbought/oversold tool. There is a free technical paper at Ehlers' website entitled "Time Warp Without Space Travel" which you may download if you really want to know the gory details.[/b]
edit 25.06.2010 update to v2 =]
entry rules : generaly its up to you guys witch entry you will take!
important is to price cross both ALF ( normal and mtf) and to alf mtf not strong rise when we short and not strong fall when we long
sometimes it can but slowly
rest is up to you !
we have 2 osma one set to show osma on 5min ale one normal
and we have a macd one mtf set to 5min and one normal 1min
generaly i prefer entrys in directions of both like here: everything down so we short
http://img717.imageshack.us/img717/9679/przyklad11.gif
but as we known the macd is based on movin avagres witch are LAGGY
so sometimes we can enter in direction only osma 5min and 1min
macd should be backing slowly to 0 like here
http://img340.imageshack.us/img340/5098/przyklad3.gif
for reentry i prefer signal from 1min osma and everything else in place its up to you if you wait for break last hihg / low or not.. if to last high/low is at least 5pips maybi its good to take a risk and take 5pips if it will be just 2t or 2b?
like here:
http://img10.imageshack.us/img10/2337/re1k.gif http://img408.imageshack.us/img408/9323/2reenry.gif
there are 2 ma also 50 and 200 you can use 200 ma as long only/ short only filter but again MA ar lagy so if you feel the trade you dont have to !
remembour trading is never 100% mechanical! tou must known the basics of PA and feel the trade!
ma 50 works as s/r level
exits: totaly random! based on PA usualy
i like exit half at +10 and rest on 5min alf touch (or cross ma 50)(if i took entry based on MACD and OSMA toogether)
if i enter on just osma i usualy close all at +10 or where i see that pa will reverse
or where it crossed alf again again never 100% mechanical
and we have it candles also on chart it colors the charts it is just to see a trend even the small one without draving any lines etc

watch out for divs on exit sometimes and be caerfoul during news - there is no system witch can predict news =]
temp is for eu set if you wanna other currency posible that you will have to change in osma and macd the max and min value.. but it is important to max and min were the same- to see the 0 level on mtf and normal in one place!
and again if you like my system please rate it
i dont known why we have 4 stars only..
edit2 many pepoul ask about chat room etc
i dont known if it is such a good idea but lets try it out...
go there
http://spikeria.pl/room/bbolss/
enter any nick
the pass is "1min" without " " off course=]
read also this
http://www.forexfactory.com/showpost.php?p=3802688
and this
http://www.forexfactory.com/showpost.php?p=3802708
very useful stuff !
edit 17.07.2010
version v3 beta in this post
http://www.forexfactory.com/showpost...&postcount=552
so what do you Guys think?
i would love to see comments/ ideas lets make the best scalping strategy ever !
Attached File(s)