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TMT Scalping System

  • #1,741
  • Mar 26, 2019 10:25am Mar 26, 2019 10:25am
15 pips scalp on AUDUSD


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TMT Scalping System (Best system on FF)
  • #1,742
  • Mar 26, 2019 11:28am Mar 26, 2019 11:28am
Quoting daviejwg8
{quote} Hey Lazareth, With the greatest of respect they're customised to my personal way of trading and own methodologies, you honestly don't need them to trade this method, everything provided on page 1 is more than enough to be successful trading the TL breaks.
Hi Davie

Thanks for getting back to me and with the same respect I would like to say I have read through the thread and I am in the middle of testing I just think having the same look on my charts as yours would be a massive benefit. This is because seems to show that when the prices retraced to the light blue line while in a trend that it bounces and then breaks the trend line so you see I was requesting it as a suppliment of the original system which people have been doing through this entire thread.

Let's all help each other go green. Green with pips!
  • #1,743
  • Mar 26, 2019 11:59am Mar 26, 2019 11:59am
Quoting lazareth1
{quote} Hi Davie Thanks for getting back to me and with the same respect I would like to say I have read through the thread and I am in the middle of testing I just think having the same look on my charts as yours would be a massive benefit. This is because seems to show that when the prices retraced to the light blue line while in a trend that it bounces and then breaks the trend line so you see I was requesting it as a suppliment of the original system which people have been doing through this entire thread. Let's all help each other go green....
Hey,

Sure no worries.

The Light blue line is a 33 EMA applied to close.

The white barrier consists of 2 x 55 EMA's applied to high and low.

I find when you get the 33 cross through the 55 barrier it makes for some good setups and is a good indication of future direction so perfect for trading the pullback Trend Line break.

Attached is an indicator that prints an arrow and will alert you when the cross occurs.

Also the ATR bands (TMA Bands) The version I have is called the Trend Corridor, it's a handy visual and worth having a play around with to see what works for you, I generally add two to the chart to create the zones you see.

I'm still having a play around myself with the visuals with a view to de-cluttering my charts a bit, I just added the 'Half trend' indicator mentioned earlier by MaPi and I'm inclined to remove the MA's and bands, let's see what the week brings!

Hope this helps.
Attached File(s)
File Type: ex4 ChMaCross (1).ex4   9 KB | 458 downloads
File Type: ex4 Trend Corridor.ex4   12 KB | 530 downloads
  • #1,744
  • Mar 26, 2019 12:35pm Mar 26, 2019 12:35pm
Quoting daviejwg8
{quote} Hey, Sure no worries. The Light blue line is a 33 EMA applied to close. The white barrier consists of 2 x 55 EMA's applied to high and low. I find when you get the 33 cross through the 55 barrier it makes for some good setups and is a good indication of future direction so perfect for trading the pullback Trend Line break. Attached is an indicator that prints an arrow and will alert you when the cross occurs. Also the ATR bands (TMA Bands) The version I have is called the Trend Corridor, it's a handy visual and worth having a play around...
Hi, i have been checking your tpl and it seems really nice do you mind sharing your setting on the trend corridor? since i notice you use 2 of them thank you green pips
  • #1,745
  • Mar 26, 2019 2:39pm Mar 26, 2019 2:39pm
Quoting MaPi
{quote} 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 {image}{image}{image}{image}
hi Mapi,
thanks for your backtest ! can you telle me please or give an example of using atr? is this default indicator on mt4?
thanks at advance
  • #1,746
  • Mar 27, 2019 3:36am Mar 27, 2019 3:36am
hello guys...
Need help regarding MM actually i m working on h1 time on trend following strategy and it working fine and also study about this strategy i know my strategy my working style and my mm but never working on small time frame so facing difficulty for better tp and sl so if any senior member serios to help junior members like me to this system to identify good MM to stay in market then it is very kind to me ..thanks in advance
  • #1,747
  • Mar 27, 2019 4:18am Mar 27, 2019 4:18am
Quoting daviejwg8
{quote} Hey, Sure no worries. The Light blue line is a 33 EMA applied to close. The white barrier consists of 2 x 55 EMA's applied to high and low. I find when you get the 33 cross through the 55 barrier it makes for some good setups and is a good indication of future direction so perfect for trading the pullback Trend Line break. Attached is an indicator that prints an arrow and will alert you when the cross occurs. Also the ATR bands (TMA Bands) The version I have is called the Trend Corridor, it's a handy visual and worth having a play around...
Hi Davie,

My deepest appreciation for sharing this with us! I've set this up on my charts and it's already highlighted several good entry points!

I'll start testing and sharing my results so we can all benefit from my learning.
  • #1,748
  • Edited 5:16am Mar 27, 2019 4:48am | Edited 5:16am
EU and UJ trades so far.

Currently playing around with partial closes once a 1:1 is achieved and running a trailing stop on the remainder of the position in line with the ATR dots up until a 3:1 or my stop is hit.

*Trade Update*
UJ 3:1 hit with remaining position for +17 pips
EU BE hit with remaining position
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  • #1,749
  • Edited 5:17am Mar 27, 2019 4:58am | Edited 5:17am
Dax entered.

*Trade Update*
Closed early at 1/1 as had a late entry.
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  • #1,750
  • Mar 27, 2019 5:05am Mar 27, 2019 5:05am
Quoting lamare2011
{quote} hi Mapi, thanks for your backtest ! can you telle me please or give an example of using atr? is this default indicator on mt4? thanks at advance
Hi Lamare...

First of all, this is not a backtest, this is a statement of a real money account.

In general I stick to the rules from post 1 of TMT Scaloing, but:

Instead of EMAs I am using Halftrend
Instead of 10 pips SL 10 pips TP im using ATR, so I can trade any instrument and respect the volatility of it
My tradingplan is handeld by the EA Quik Trailing wich I recently posted, SL and TP can be automaticaly calculated on ATR base

Current I am trading the following plan:

SL 2,5 ATR / Calculated automatic by EA
TP (30% of position) 2,5 ATR / Calculated automatic by EA
BreakEven SL 0,5 ATR (10% of this figure will be locked) / input in EA manual if ATR changes significant
Trailing SL 1 ATR / input in EA manual if ATR changes significant
Partial TP (70% of position) 1 ATR / input in EA manual if ATR changes significant

Of course I can adjust the SL and TP on thinks I see like res / sup / fibo / pivot etc

I started the acc with 200 € and a risk of rougthly 5-10% (EXTREM RISK) and lowering the risk per trade now, currently I am in the area of 3%-5%

So the main difference is I am using ATR isteadt of pips so I can trade very different instruments (Oil, Gold, Index, Forex) with the same setup

Cheers
Green pips 2 all of us!
  • #1,751
  • Edited 7:19am Mar 27, 2019 5:13am | Edited 7:19am
AU entered.

*Trade Update*
TP 1:1 hit
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  • #1,752
  • Edited 6:03am Mar 27, 2019 5:28am | Edited 6:03am
EU here we go again.

*Trade Update*
SL hit -4 pips
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  • #1,753
  • Mar 27, 2019 5:47am Mar 27, 2019 5:47am
Quoting MaPi
{quote} Hi Lamare... First of all, this is not a backtest, this is a statement of a real money account. In general I stick to the rules from post 1 of TMT Scaloing, but: Instead of EMAs I am using Halftrend Instead of 10 pips SL 10 pips TP im using ATR, so I can trade any instrument and respect the volatility of it My tradingplan is handeld by the EA Quik Trailing wich I recently posted, SL and TP can be automaticaly calculated on ATR base Current I am trading the following plan: SL 2,5 ATR / Calculated automatic by EA TP (30% of position) 2,5 ATR...


hi Mapi

I thank you so much! thanks to people like you, you learn a lot. I would like to learn scalping with a solid technique. I'm going to train with this method to get something
I thank you so much! thanks to people like you, you learn a lot. I would like to learn scalping with a solid technique. I'm going to train with this method to get something
  • #1,754
  • Edited 7:18am Mar 27, 2019 6:09am | Edited 7:18am
AU - Short

I also have the remaining portion of my first AU position still running with SL at BE

*Trade Update*
SL hit
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  • #1,755
  • Mar 27, 2019 6:28am Mar 27, 2019 6:28am
Screening...

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Green pips 2 all of us!
  • #1,756
  • Mar 27, 2019 6:46am Mar 27, 2019 6:46am
Quoting MaPi
Screening... {image}

Hey Mapi, sorry inconvenience, but how did you calculate the ATR?
I don't understand the configuration you post about the Trailing.
The EA don't calc the ATR automatic? How you calc ATR to configure the EA?
  • #1,757
  • Mar 27, 2019 6:53am Mar 27, 2019 6:53am
Vamos, here we go again

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Green pips 2 all of us!
  • #1,758
  • Mar 27, 2019 7:47am Mar 27, 2019 7:47am
Quoting coyahhh
{quote} Hey Mapi, sorry inconvenience, but how did you calculate the ATR? I don't understand the configuration you post about the Trailing. The EA don't calc the ATR automatic? How you calc ATR to configure the EA?
Hi, read the manual of the EA and try it on a demo, if you set SL and TP to auto it will calculate ATR for you...

Cheers
Green pips 2 all of us!
  • #1,759
  • Mar 27, 2019 9:10am Mar 27, 2019 9:10am
Quoting MaPi
{quote} Hi, read the manual of the EA and try it on a demo, if you set SL and TP to auto it will calculate ATR for you... Cheers

Thanks mate,
Now i Get it.
You adjust the EA to the % calculated based on ATR.

Example:
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

In the NZD JPY Today ATR is 16,3 Pips.
You have to setup EA like that:

SL = 32,6
First TP (70%) = 16,3
TP (30%) = 32,6
BE = 8,1
Trailling = 16,3


Correctly?
  • #1,760
  • Mar 27, 2019 9:15am Mar 27, 2019 9:15am
Quoting coyahhh
{quote} Thanks mate, Now i Get it. You adjust the EA to the % calculated based on ATR. Example: 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 In the NZD JPY Today ATR is 16,3 Pips. You have to setup EA like that: SL = 32,6 First TP (70%) = 16,3 TP (30%) = 32,6 BE = 8,1 Trailling = 16,3 Correctly?
Yes, but again, if you choose Auto for SL and TP the EA will calculate the ATR by itself for those both orders...the rest ist adjusted manualy...Play around on a demo, pretty sure you will find it out

Cheers
Green pips 2 all of us!
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