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Super Simple System for Scalping

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  • Post #1
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  • First Post: Jul 1, 2019 12:44am Jul 1, 2019 12:44am
  •  Simontw
  • Joined Jun 2017 | Status: Member | 377 Posts
I found this system yesterday. Super simple and I think if on 1min chart you can just sit there and take all the opportunities. Larger time frames it might be good to get an alert.

I like the small SL you can have and the potential for big trades....for sure there will be lots of small BE or small lots but the wins I think more than make up for it.
Here is the link: https://www.forexstrategiesresources...alping-system/
Here's the strategy:
Going LONG:
Enter a long position when the black 3 EMA has crossed up through the red 20
EMA (middle band). At the same time, the Chaos should be approaching or crossing it's zeroline, going up.
Going SHORT:
Enter a short position when the black 3 EMA has crossed down through the red
20 EMA (middle band). At the same time, the Chaos should be approaching or crossing it's zero line, going down.
When to take your profit:
Simple...when your Chaos Awesome Oscillator turns a different color!
Here's a screenshot of “Bollinger Bands and Chaos Awesome Scalping System” in the 1 minute chart
https://image.jimcdn.com/app/cms/ima...7022/image.gif
EX BBMA trader focusing on REE code.
  • Post #2
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  • Apr 1, 2022 4:04am Apr 1, 2022 4:04am
  •  troyster
  • | Joined Oct 2011 | Status: Member | 10 Posts
hi
did you trade this system, any results? anything further?
 
 
  • Post #3
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  • Apr 1, 2022 4:08am Apr 1, 2022 4:08am
  •  KnifeS2
  • Joined May 2020 | Status: ༄ Balanced Trader | 617 Posts
Quoting Simontw
Disliked
I found this system yesterday. Super simple and I think if on 1min chart you can just sit there and take all the opportunities. Larger time frames it might be good to get an alert. I like the small SL you can have and the potential for big trades....for sure there will be lots of small BE or small lots but the wins I think more than make up for it. Here is the link: https://www.forexstrategiesresources...alping-system/ Here's the strategy: Going LONG: Enter a long...
Ignored
Can you show us a trade Explorer where you use this strategy? If you use it

Have a good day
My entire life in one sentence: it didn't go as planned, and that's ok.
High Yield Grid All Time Profit: €300,384
 
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  • Post #4
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  • Apr 1, 2022 9:58am Apr 1, 2022 9:58am
  •  lorecavoli
  • | Joined Feb 2017 | Status: Member | 72 Posts
Quoting KnifeS2
Disliked
{quote} Can you show us a trade Explorer where you use this strategy? If you use it Have a good day
Ignored
"Yesterday" is July 1st 2019...
 
 
  • Post #5
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  • Apr 1, 2022 11:01am Apr 1, 2022 11:01am
  •  Niazi5002
  • | Joined Jan 2019 | Status: Junior Member | 1 Post
Indicators not found.....Chos AO
 
 
  • Post #6
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  • Apr 1, 2022 1:29pm Apr 1, 2022 1:29pm
  •  Boo15
  • | Joined May 2018 | Status: Forever Hopeful!! | 207 Posts
Attached File
File Type: ex4 CAO.ex4   10 KB | 611 downloads
From tiny pips mighty oaks grow
 
 
  • Post #7
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  • Apr 5, 2022 9:01pm Apr 5, 2022 9:01pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
I'm using with HEIKIN ASHI adding an additional rule: When emas cross, HA has to be strong(wickless on weakside). After an hour manually running through trades this strategy looks very profitable!

AO has to have just turned green!
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  • Post #8
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  • Apr 6, 2022 10:30am Apr 6, 2022 10:30am
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Taking quick short scalp on NAS100
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  • Post #9
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  • Apr 6, 2022 11:45am Apr 6, 2022 11:45am
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Another NAS100 Scalp for 10 points
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  • Post #10
  • Quote
  • Apr 6, 2022 12:49pm Apr 6, 2022 12:49pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Super quick scalp. We always want to trail or exit trade once price touches outter bands.

The ema cross happened a tad before so I decided to take a really quick scalp here. Because price so close to outter band i exited quickly for 5 point scalp!
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  • Post #11
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  • Apr 6, 2022 5:50pm Apr 6, 2022 5:50pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Love this strat. BB is so strong. We can clearly see markets ranging and there's no volatility. dont trade! (picture 1)

in picture two, look how wide the bands are, plenty of room to squeeze profit!

BB is a really strong indicator. mean reversion is really good, but also does a great just displaying current market conditions (ranging, bouncing, trending)
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  • Post #12
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  • Apr 6, 2022 8:51pm Apr 6, 2022 8:51pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
From phone, trades the bounce not the cross
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  • Post #13
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  • Apr 7, 2022 7:32am Apr 7, 2022 7:32am
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Quick scalp. Not an A+ but we’re and out

haven’t lost a trade in 6 trades!

I value the AO and EMA crossing at the same time more than HA strength
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  • Post #14
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  • Apr 7, 2022 8:58am Apr 7, 2022 8:58am
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
A- setup!! Still in this trade, exiting when AO changes.

up $419
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  • Post #15
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  • Apr 7, 2022 9:31am Apr 7, 2022 9:31am
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
A loss! Was a good run 7 trade streak!!
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  • Post #16
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  • Apr 7, 2022 12:19pm Apr 7, 2022 12:19pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Works great on 1H time frame with crypto too. Feels like I’m cheating

literally perfect setup
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  • Post #17
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  • Apr 7, 2022 1:39pm Apr 7, 2022 1:39pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Hopping in late on this trade! But we got some room until outer bands
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  • Post #18
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  • Apr 7, 2022 1:40pm Apr 7, 2022 1:40pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Profit from last trade - it’s too easy
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  • Post #19
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  • Apr 7, 2022 1:52pm Apr 7, 2022 1:52pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
Taking a cautious entry on usdjpy
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  • Post #20
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  • Apr 7, 2022 2:13pm Apr 7, 2022 2:13pm
  •  burnestgeyer
  • | Joined Mar 2022 | Status: Member | 104 Posts
JPY TRADE
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