Currency Grail Scalping System | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Scalping-pro - the next Holy Grail?! 23 replies

Developing the "Holy Grail" Trading System 4 replies

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

Holy grail trading system wanted, or nearest thing to it! 43 replies

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

Attachments: Currency Grail Scalping System
Exit Attachments

Currency Grail Scalping System

  • #601
  • Edited 6:54pm Jan 12, 2020 5:12pm | Edited 6:54pm
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: DD2AA94E-49EF-47E4-898E-4942F9D1F465.png Size: 2.8 MB
I EAT PIPS
  • #602
  • Jan 13, 2020 1:25am Jan 13, 2020 1:25am
Quoting jshear
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade? {image}
i got the indication but no trade
  • #603
  • Jan 13, 2020 1:29am Jan 13, 2020 1:29am
Quoting jshear
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade? {image}
Yes received and hit TP
  • #604
  • Jan 13, 2020 1:40am Jan 13, 2020 1:40am
figured out why no trade, the risk percentage was to high for my account, would of been a nice trade though and lesson learned reduced risk to 10%
  • #605
  • Jan 13, 2020 4:40am Jan 13, 2020 4:40am
Quoting xxsskxx
{quote} Yes received and hit TP
What was you TP set at? Mine put a stop and locked in 5 pips but I wasn't sure how it would close so I manually closed it for 12 pips



Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-01-13 at 5.40.48 AM.png Size: 371 KB
I EAT PIPS
  • #606
  • Jan 13, 2020 10:29am Jan 13, 2020 10:29am
Quoting jshear
{quote} What was you TP set at? Mine put a stop and locked in 5 pips but I wasn't sure how it would close so I manually closed it for 12 pips Jeff {image}
TP was 1.11198
  • #607
  • Jan 15, 2020 1:49am Jan 15, 2020 1:49am
Note....UK spread bet chart.

I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob

I'm using this indi for Daily signals + looking for setups on the lower frames.

I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now.

Short signaled today but look out for MR Sod ha
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
All charts/ideas based on UK time zone
  • #608
  • Jan 15, 2020 2:10am Jan 15, 2020 2:10am
Quoting sponge
Note....UK spread bet chart. I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob I'm using this indi for Daily signals + looking for setups on the lower frames. I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now. Short signaled today but look out for MR Sod ha {image}
Sorry to say, but why do you need to present another indicator that has nothing to do with the method, in this thread?
  • #609
  • Jan 15, 2020 2:22am Jan 15, 2020 2:22am
Have you read the whole thread?

See page 3 for Grail indicator
All charts/ideas based on UK time zone
  • #610
  • Jan 15, 2020 2:59am Jan 15, 2020 2:59am
Quoting sponge
Have you read the whole thread? See page 3 for Grail indicator
Sorry, thought you were introducing a different indicator. But yes, I read the whole thread.
  • #611
  • Jan 15, 2020 4:06pm Jan 15, 2020 4:06pm
Quoting sponge
Note....UK spread bet chart. I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob I'm using this indi for Daily signals + looking for setups on the lower frames. I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now. Short signaled today but look out for MR Sod ha {image}
What settings are you using.
"Pips are vanity. Profit is sanity."
  • #612
  • Jan 16, 2020 1:09am Jan 16, 2020 1:09am
Quoting PaulDV
{quote} What settings are you using.
I'm using default settings.
All charts/ideas based on UK time zone
  • #613
  • Jan 16, 2020 7:16am Jan 16, 2020 7:16am
good day all the EA has just opened a sell for me anyone else in?
  • #614
  • Edited 7:53am Jan 16, 2020 7:23am | Edited 7:53am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-01-16-20-37-08-031_net.metaquotes.metatrader4.png Size: 185 KB

Quoting dgeorge35
good day all the EA has just opened a sell for me anyone else in?
Me too. On ecn demo account
  • #615
  • Jan 16, 2020 8:07am Jan 16, 2020 8:07am
Quoting dgeorge35
good day all the EA has just opened a sell for me anyone else in?
Yep, currently 15% in profit with 10% locked in (Live).
"Pips are vanity. Profit is sanity."
  • #616
  • Edited 8:19am Jan 16, 2020 8:08am | Edited 8:19am
Quoting PaulDV
{quote} Yep, currently 15% in profit with 10% locked in (Live).
Mine doesn’t seem to be trailing properly it locks in at 5 pips but doesn’t trail? I am using default settings.


Thanks

Jeff
I EAT PIPS
  • #617
  • Jan 16, 2020 8:19am Jan 16, 2020 8:19am
Quoting jshear
{quote} Mine doesn’t seem to be trailing properly can you please post the proper set file. Thanks Jeff
I moved the stop manually from +5 pips to +10 pips.

My demo trade hit +5 pips and stopped out, but my live trade missed the initial stop and continued, so I moved the stop when it was sufficiently in profit.

My demo trade opened at 15:00 at 1.11643 and stopped out 31 minutes later. My live trade opened at 15:00 at 1.11652 (nearly 1 pip higher) and hit my stop at 16:11. If I'd left my stop alone, it would still be running, albeit very close to my stop right now.
"Pips are vanity. Profit is sanity."
  • #618
  • Jan 16, 2020 8:21am Jan 16, 2020 8:21am
Ok thanks. I let it move stop to 5 pips and closed manually at 11 pips.



Cheers

Jeff
I EAT PIPS
  • #619
  • Jan 16, 2020 8:23am Jan 16, 2020 8:23am
sweet first one in the bag, after being a complete duche and not checking the indi and the EA settings were the same at least its all correct now.
  • #620
  • Jan 16, 2020 8:31am Jan 16, 2020 8:31am
Quoting jshear
Ok thanks. I let it move stop to 5 pips and closed manually at 11 pips. Cheers Jeff
The default trail is "previous high/low", so after locking in +5 pips, the stop will be trailed every hour if the previous 2nd candle (i.e. 2 candles back) formed a new high/low.

Usually the trade stops out long before this happens, but if it makes it this far, then it ought to start locking in some really good profits.
"Pips are vanity. Profit is sanity."
0 traders viewing now