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TMT Scalping System

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  • Post #1,721
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  • Mar 25, 2019 10:18am Mar 25, 2019 10:18am
  •  moaaz.mirza
  • | Joined Jul 2014 | Status: Member | 29 Posts
Hello Guys...
anyone watching usdcad m15 for good setup
  • Post #1,722
  • Quote
  • Edited at 11:11am Mar 25, 2019 10:46am | Edited at 11:11am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Another one en route to 10 pips

*Trade Update*
TP hit +10 pips
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  • Post #1,723
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  • Mar 25, 2019 10:51am Mar 25, 2019 10:51am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Quoting moaaz.mirza
Disliked
Hello Guys... anyone watching usdcad m15 for good setup
Ignored
Hey Moaaz,

I'm currently only using it to trade EU but keen to hear how you get on.
  • Post #1,724
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  • Mar 25, 2019 11:01am Mar 25, 2019 11:01am
  •  Hutch
  • Joined Apr 2010 | Status: Lazy trader on D1 charts | 4,502 Posts
Quoting MaPi
Disliked
Hey Guys, wish you happy pips Would love to have your suggestion: MT4 does not have real volume, the indicator shows ticks (pricechanges) per candle. Do to the fact we are using here MTI (MoneyFlowIndex), which uses volume for sthe calculation, do you think the missing real volume in MT4 is a problem? Any thoughts? Cheers
Ignored
Another volume indicator is the Chaikin Money Flow (CMF) indicator. You may wish to try it. I added a zero level to mine to see if the market is moving or not.
Attached Files
File Type: ex4 CMF_v1.ex4   9 KB | 345 downloads
File Type: mq4 CMF_v1.mq4   1 KB | 292 downloads
  • Post #1,725
  • Quote
  • Mar 25, 2019 12:15pm Mar 25, 2019 12:15pm
  •  Pollen
  • Joined Sep 2016 | Status: TMT Scalping... | 2,218 Posts
10 pips EASY scalp on EURUSD

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TMT Scalping System (Best system on FF)
  • Post #1,726
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  • Mar 25, 2019 12:18pm Mar 25, 2019 12:18pm
  •  Pollen
  • Joined Sep 2016 | Status: TMT Scalping... | 2,218 Posts
Chart review on AUDUSD M15

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TMT Scalping System (Best system on FF)
  • Post #1,727
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  • Mar 25, 2019 12:24pm Mar 25, 2019 12:24pm
  •  moaaz.mirza
  • | Joined Jul 2014 | Status: Member | 29 Posts
Quoting daviejwg8
Disliked
{quote} hey moaaz, i'm currently only using it to trade eu but keen to hear how you get on.
Ignored
no i m losing that trade but gain in nzdusd 15 pips...
  • Post #1,728
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  • Mar 25, 2019 1:03pm Mar 25, 2019 1:03pm
  •  Elmore
  • | Joined Mar 2019 | Status: Member | 8 Posts
Quoting Pollen
Disliked
Chart review on AUDUSD M15 {image}
Ignored
Hi Pollen,
i see you are posting examples of trades taken on the M5 and M15 chart.
How do you choose the time frame?
  • Post #1,729
  • Quote
  • Mar 25, 2019 1:26pm Mar 25, 2019 1:26pm
  •  moaaz.mirza
  • | Joined Jul 2014 | Status: Member | 29 Posts
Quoting Pollen
Disliked
Chart review on AUDUSD M15 {image}
Ignored
I M Already on that trade for 20 pips
  • Post #1,730
  • Quote
  • Mar 25, 2019 1:55pm Mar 25, 2019 1:55pm
  •  moaaz.mirza
  • | Joined Jul 2014 | Status: Member | 29 Posts
Quoting Hutch
Disliked
{quote} Another volume indicator is the Chaikin Money Flow (CMF) indicator. You may wish to try it. I added a zero level to mine to see if the market is moving or not. {file} {file}
Ignored

thanks for your indicator it really tells about ranging market but i have also some suggestion check moving average if its not curve or touching the candles in straight way it also tell you about range of market
  • Post #1,731
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  • Mar 25, 2019 11:46pm Mar 25, 2019 11:46pm
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Quoting Pollen
Disliked
10 pips EASY scalp on EURUSD {image}
Ignored
Nice work, Pollen.

Can I ask how many pairs you personally focus on and which you prefer?

Thanks in advance.
  • Post #1,732
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  • Mar 26, 2019 7:02am Mar 26, 2019 7:02am
  •  jesxrussel
  • Joined Nov 2017 | Status: Member | 290 Posts
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EU
Know The Presence Of The Market
  • Post #1,733
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  • Edited at 9:59am Mar 26, 2019 9:45am | Edited at 9:59am
  •  MaPi
  • | Joined May 2017 | Status: Member | 27 Posts
Having fun with my interpretation of this style, mainly trading DowJones/Dax and some FX Majors on M1 & M5.
Real account, risk ist 3%-5% (DANGER!), all trades have been done within this month...

Using Halftrend instead of EMAs and a halfautomatic robot, how is handling my tradingplan. SL is at 2 ATR, 70% of position will be closed at 1 ATR, the rest is trailed, BE SL is at 0.5 ATR...Think ATR is better than a pip TP/SL, so I can trade different markets at the same time and respecting the volatility of each instrument...

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  • Post #1,734
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  • Mar 26, 2019 9:52am Mar 26, 2019 9:52am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
EU was quite the mess today so I switched to UJ and let it run due to having confluence with my intra-day strategy, dual entry closed for +47 pips.
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  • Post #1,735
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  • Mar 26, 2019 10:00am Mar 26, 2019 10:00am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Quoting MaPi
Disliked
Having fun with my interpretation of this style, mainly trading DowJones M1 & M5, real account, all trades have been done within this month... Using Halftrend instead of EMAs and a halfautomatic robot, how is handling my tradingplan. SL is at 2 ATR, 70% of position will be closed at 1 ATR, the rest is trailed, BE SL is at 0.5 ATR... Think ATR is better than a pip TP/SL, so I can trade different markets at the same time and respecting the volatility of each instrument... {image}
Ignored
Outstanding results, you should be happy with that performance. Low dd as well, that's what we strive for

Are you using an ATR marker that give you the levels or just the standard ATR indicator? I'd be interested in finding out more about your EA also if you wouldn't mind enlightening me?

Cheers
  • Post #1,736
  • Quote
  • Mar 26, 2019 10:04am Mar 26, 2019 10:04am
  •  MaPi
  • | Joined May 2017 | Status: Member | 27 Posts
EA is called "Quik Trailing" and has a function to calculate SL and TP on a ATR base. BE und Trailing must be set manual, but ATR is not changing every second. So all I have to do is waiting for a setup, check the calculated SL, adjust volume to my risk apetite and pull the trigger
  • Post #1,737
  • Quote
  • Mar 26, 2019 10:10am Mar 26, 2019 10:10am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Quoting MaPi
Disliked
EA is called "Quik Trailing" and has a function to calculate SL and TP on a ATR base. BE und Trailing must be set manual, but ATR is not changing every second. So all I have to do is waiting for a setup, check the calculated SL, adjust volume to my risk apetite and pull the trigger
Ignored
That sounds like it could be very useful indeed! Would you mind pointing me in the right direction so I can check it out please? Thanks in advance.
  • Post #1,738
  • Quote
  • Mar 26, 2019 10:20am Mar 26, 2019 10:20am
  •  MaPi
  • | Joined May 2017 | Status: Member | 27 Posts
Here you go!

Please note that "Allow_Drag_PriceLines" should be false, the function was created before MT4 by itself allowed us to drag SL and TP in the chart.
Also note that Auto TP result is always the half of Auto SL (guess because this EA is for scalping). So to have a 1/1 ratio you have to double the input for TP.
The rest is explained in the manual, enjoy...
Attached Files
File Type: ex4 Quik_Trailing.ex4   19 KB | 239 downloads
File Type: doc Quik.doc   35 KB | 380 downloads
2
  • Post #1,739
  • Quote
  • Mar 26, 2019 10:48am Mar 26, 2019 10:48am
  •  daviejwg8
  • | Joined Jun 2018 | Status: Member | 43 Posts
Quoting MaPi
Disliked
Here you go! Please note that "Allow_Drag_PriceLines" should be false, the function was created before MT4 by itself allowed us to drag SL and TP in the chart. Also note that Auto TP result is always the half of Auto SL (guess because this EA is for scalping). So to have a 1/1 ratio you have to double the input for TP. The rest is explained in the manual, enjoy... {file} {file}
Ignored
Your a gent, thanks! Will get testing ASAP.

Have sent you a quick PM regarding inputs whenever you have a minute, much appreciated.
  • Post #1,740
  • Quote
  • Mar 26, 2019 11:03am Mar 26, 2019 11:03am
  •  MaPi
  • | Joined May 2017 | Status: Member | 27 Posts
Quoting daviejwg8
Disliked
{quote} Your a gent, thanks! Will get testing ASAP. Have sent you a quick PM regarding inputs whenever you have a minute, much appreciated.
Ignored
My settings for DowJones are the following. Please note I adjust Treiling, BerakE and First TP when ATR changes
At the moment I make setting in a way, my

SL = 2,5 ATR
First TP (70%) = 1 ATR
TP (30%) = 2,5 ATR
BE = 0,5 ATR ( 0,1 from that input is my locked pip)
Trailing start 1 ATR

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