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Super Simple System for Scalping

  • #101
  • Apr 13, 2022 6:48am Apr 13, 2022 6:48am
Quoting tienvip123be
{quote} thank you very much i am using default AO i tried using C.A.O (14,100) but i miss a lot of profitable entries i am thinking about using C.A.O (5,34)
I also prefer AO
  • #102
  • Apr 13, 2022 6:50am Apr 13, 2022 6:50am
Has anyone ever tried the arithmetic candles indicator from zeiiermantrading? does it help more than ashi candles? I would really like someones thoughts on it.
  • #103
  • Apr 13, 2022 7:30am Apr 13, 2022 7:30am
Quoting burnestgeyer
{quote} I also prefer AO
Are you still using the default AO?
  • #104
  • Apr 13, 2022 8:31am Apr 13, 2022 8:31am
Quoting tienvip123be
{quote} Are you still using the default AO?
I switched between but I prefer the default AO
  • #105
  • Apr 13, 2022 9:05am Apr 13, 2022 9:05am
Setup?

Edit pretty bad setup didn’t take
Attached Image(s) (click to enlarge)
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  • #106
  • Apr 13, 2022 9:36am Apr 13, 2022 9:36am
I like setups like the 2nd one in Pic-5 by burnestgeyer.
Do you guys sit glued to the screen to take them?
I thought I could create an alert for the kind of setup that I like most (AO staying on one side, getting close to 0, and MAs cross in our direction), but then I saw I couldn't add more than 1 condition to an alert.
  • #107
  • Apr 13, 2022 10:38am Apr 13, 2022 10:38am
Make sure you guys avoid back to back quick crosses especially to the opposite side of the market direction!

If you zoom out you can tell we’re in an uptrend, and price quickly crosses up and then back down. I’d stay away from this quick crosses unless it’s a first bar 0 cross( FB0X)
Attached Image(s) (click to enlarge)
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  • #108
  • Apr 13, 2022 10:46am Apr 13, 2022 10:46am
this is the arrow indicator
when ema3 cuts above BB there will be a buy alert
When ema3 cuts below BB, there will be a sell alert
Attached File(s)
File Type: mq4 EMA cut Boli.mq4   8 KB | 564 downloads
  • #109
  • Apr 13, 2022 10:46am Apr 13, 2022 10:46am
Quoting oohoo
I like setups like the 2nd one in Pic-5 by burnestgeyer. Do you guys sit glued to the screen to take them? I thought I could create an alert for the kind of setup that I like most (AO staying on one side, getting close to 0, and MAs cross in our direction), but then I saw I couldn't add more than 1 condition to an alert.
yeah that setup is A+ love those. You’ll have to code the strategy into an indicator and that setup alerts. I have done so but for TradingView if you need
  • #110
  • Apr 13, 2022 11:07am Apr 13, 2022 11:07am
.
  • #111
  • Apr 13, 2022 11:29am Apr 13, 2022 11:29am
Watch out for signals that quickly crossed back in the opposite direction of the market

when you look at the setup it looks like a regular bearish signal, but look how price recently crossed and the market is moving bullish overall when you zoom out
Attached Image(s) (click to enlarge)
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  • #112
  • Apr 13, 2022 11:33am Apr 13, 2022 11:33am
Recent trade on gold

FBCX , Ascending Volume, BB space.
Attached Image (click to enlarge)
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  • #113
  • Apr 13, 2022 11:34am Apr 13, 2022 11:34am
Another setup on gold

FB0X, ascending volume
Attached Image (click to enlarge)
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  • #114
  • Apr 13, 2022 11:39am Apr 13, 2022 11:39am
Quoting burnestgeyer
Another setup on gold FB0X, ascending volume {image}
You should try to find a way to let the winners run. And cut the losses quickly.
  • #115
  • Apr 13, 2022 11:50am Apr 13, 2022 11:50am
Quoting burnestgeyer
{quote} yeah that setup is A+ love those. You’ll have to code the strategy into an indicator and that setup alerts. I have done so but for TradingView if you need
Would be lovely. I use TV. No coding skills, no experience with strategies.
Ideally, would be nice to set alerts for various assets on higher TFs to see how good it is with them.
  • #116
  • Apr 13, 2022 12:36pm Apr 13, 2022 12:36pm
Quoting bojack34
{quote} You should try to find a way to let the winners run. And cut the losses quickly.
strategy works great with trailing stop loss. Not really my style but could probably increase profitability
  • #117
  • Apr 13, 2022 12:37pm Apr 13, 2022 12:37pm
Quoting bojack34
{quote} You should try to find a way to let the winners run. And cut the losses quickly.
the exits you see from the indicator aren’t my real exits it’s just a 1:1 tp from recent swing
  • #118
  • Apr 13, 2022 12:49pm Apr 13, 2022 12:49pm
Omg - look at the last 15 signals on APEUSDT.

Last 14/15 trades won.
  • #119
  • Apr 13, 2022 12:58pm Apr 13, 2022 12:58pm
Gold setup not great

volume isn’t greater and there’s not FB0X but there’s is a FBCX and room to breathe

Edit - smal tp and exit
Attached Image(s) (click to enlarge)
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  • #120
  • Apr 13, 2022 1:53pm Apr 13, 2022 1:53pm
Quoting burnestgeyer
Gold setup not great volume isn’t greater and there’s not FB0X but there’s is a FBCX and room to breathe Edit - smal tp and exit {image} {image}
What is FB0X and FBCX?
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