M5 USDJPY Scalping System in 3 steps | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Paramon Scalping system. 10% deposit per day 7 replies

Scalping with crossover system 0 replies

Attachments: M5 USDJPY Scalping System in 3 steps
Exit Attachments

M5 USDJPY Scalping System in 3 steps

  • #41
  • Jan 15, 2018 8:17am Jan 15, 2018 8:17am
hello FXMD.

Today I just did backtest 2 hours, 2 active trade 1 loss and 1 still go on.
Anyway, how long have you used this strategy?
Although its may non-sense proposal, how about using martingale?
If it is high win rate i guess it can be.
  • #42
  • Jan 15, 2018 5:32pm Jan 15, 2018 5:32pm
will try it tommorow, looking very simple and promising
Anything above the line is an uptrend, below the line is a downtrend.
  • #43
  • Jan 15, 2018 6:08pm Jan 15, 2018 6:08pm
Quoting sebas1987
{quote} lol
what nonsense is that?He is sharing the trading strategy and you are directing us to how to learn to read.FFx is full of frustrated ppl like you.Get lost with Red pips.
  • #44
  • Jan 16, 2018 12:41am Jan 16, 2018 12:41am
Quoting Fxmd
{quote} Thats exactly right
Ok, i understand that the candle which hits take profit can't be a signal candle.What about the candle which hits SL ? Can or not be a signal candle ?
  • #45
  • Jan 16, 2018 5:46am Jan 16, 2018 5:46am
How can I move TradePAD to the upper left corner? When I loaded the template its stuck there and I can't move it?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 66 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #46
  • Jan 16, 2018 5:57am Jan 16, 2018 5:57am
Quoting Degolep
How can I move TradePAD to the upper left corner? When I loaded the template its stuck there and I can't move it? {image}
You should be able to click and drag it (click in the blue title bar area)
  • #47
  • Jan 16, 2018 6:01am Jan 16, 2018 6:01am
I can't drag it. It moves my chart left and right. It's like its not even there, if I click buy or sell nothing happens?
Anything above the line is an uptrend, below the line is a downtrend.
  • #48
  • Jan 16, 2018 6:27am Jan 16, 2018 6:27am
Quoting Degolep
I can't drag it. It moves my chart left and right. It's like its not even there, if I click buy or sell nothing happens?
Oh that's right, the template doesn't actually work. Load the TradePad EA and the line indicator manually onto a new chart
  • #49
  • Jan 16, 2018 6:35am Jan 16, 2018 6:35am
Bah still doesn't work... Can you upload me your template?
Anything above the line is an uptrend, below the line is a downtrend.
  • #50
  • Jan 16, 2018 6:46am Jan 16, 2018 6:46am
Quoting busted
hello FXMD. Today I just did backtest 2 hours, 2 active trade 1 loss and 1 still go on. Anyway, how long have you used this strategy? Although its may non-sense proposal, how about using martingale? If it is high win rate i guess it can be.
It goes agaisnt my money management rules so Ive never tried it.
Grind until you no longer have to introduce yourself. 4:30am club
  • #51
  • Jan 16, 2018 6:52am Jan 16, 2018 6:52am
Quoting Degolep
I can't drag it. It moves my chart left and right. It's like its not even there, if I click buy or sell nothing happens?
Go to TradePad EA settings and check the box "allow live trading", make sure your MT4 settings allow EA use.
Attached Image
Grind until you no longer have to introduce yourself. 4:30am club
  • #52
  • Jan 16, 2018 7:29am Jan 16, 2018 7:29am
Hello fxdm
my question is if first line cross and close up side you take buy ok fine then hit tp fine butt if after hitting tp market cross next line up and close then you take again buy or wait for next level ? or other signal ?
2. Question if market close below the line then next m5 close above the line then what you do close trade or wait for sl ? this system made 50/50 trade not like 75/25 i am check it with back test ... it is very simple you make ea and back test 10years.... scalping traders pay too much cost spread commission slippage etc...if your system not winning ratio 90% then you loss in scalping over all ...
  • #53
  • Jan 16, 2018 1:19pm Jan 16, 2018 1:19pm
Quoting Fxmasood
Hello fxdm my question is if first line cross and close up side you take buy ok fine then hit tp fine butt if after hitting tp market cross next line up and close then you take again buy or wait for next level ? or other signal ? 2. Question if market close below the line then next m5 close above the line then what you do close trade or wait for sl ? this system made 50/50 trade not like 75/25 i am check it with back test ... it is very simple you make ea and back test 10years.... scalping traders pay too much cost spread commission slippage etc...if...
If it hit TP an next candle is a signal take buy again or sell. second question you wait till it hits SL or TP just leave it running.

You backtested 10 past years ?
Grind until you no longer have to introduce yourself. 4:30am club
  • #54
  • Jan 16, 2018 3:16pm Jan 16, 2018 3:16pm
Quoting sebytim
{quote} Ok, i understand that the candle which hits take profit can't be a signal candle.What about the candle which hits SL ? Can or not be a signal candle ?

Please answer tothis one Fxmd.

Thanks
  • #55
  • Jan 16, 2018 5:02pm Jan 16, 2018 5:02pm
Quoting Fxmd
Here are the indicators {file} {file}
hi fxmd. thanks for sharing but my chart is showing up with horizontal lines in random places. pls see the attached screenshot. its the one on the left hand side. can you pls advise what i am doing wrong? i just downloaded the 2 you have posted and NOT changed any settings and its giving me this. please help. thankyou once again.
Attached Image (click to enlarge)
Click to Enlarge Name: fxmd (1).png Size: 114 KB
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #56
  • Jan 16, 2018 5:47pm Jan 16, 2018 5:47pm
Quoting forex baraka
{quote} hi fxmd. thanks for sharing but my chart is showing up with horizontal lines in random places. pls see the attached screenshot. its the one on the left hand side. can you pls advise what i am doing wrong? i just downloaded the 2 you have posted and NOT changed any settings and its giving me this. please help. thankyou once again. {image}
Apply template so your indicator will have the right settings
Grind until you no longer have to introduce yourself. 4:30am club
  • #57
  • Jan 16, 2018 5:48pm Jan 16, 2018 5:48pm
Quoting sebytim
{quote} Please answer tothis one Fxmd. Thanks
Not for me and the way I trade this system. You can experiment though
Grind until you no longer have to introduce yourself. 4:30am club
  • #58
  • Jan 16, 2018 11:34pm Jan 16, 2018 11:34pm
Forex Baraka

Enter the centre line price in the indicator inputs - try a round number like 110.5 and the number of lines as 20 or 30
  • #59
  • Jan 17, 2018 5:30am Jan 17, 2018 5:30am
Quoting Fxmd
{quote} Apply template so your indicator will have the right settings
there is no template! can you post it pls thx
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #60
  • Jan 17, 2018 5:48am Jan 17, 2018 5:48am
Quoting pakeha
Forex Baraka Enter the centre line price in the indicator inputs - try a round number like 110.5 and the number of lines as 20 or 30
pakeha many thanks for your reply. i tried what you said but it still does NOT work. any ideas anyone pls thanks
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 118 KB
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
0 traders viewing now