Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

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

Trendline Scalping System Renko DAX 10 replies

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

Trendline, Trendline and Trendline 4 replies

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

Attachments: Trendline Scalping System
Exit Attachments

Trendline Scalping System

Quoting ziele
{quote} How long have u been trading 15 mins for compare to 5 min ?? i guess bigger TF is more accurate.
Just two days but I've only been trading this system for about one business week so it's probably not best to base anything on my trades.

I made another trade on the GBPUSD for 8 or 9 pips only. Wasn't really a trade based on the system, price was just leaving the pullback zone. I sold once price started ranging after a few bars.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-08-22 143711.png Size: 19 KB
Quoting ziele
I have made Telegram Group channel for this scalping system. Feel free to join. https://t.me/+tlgAkUGYZahjNDE0
Thanks bro I'll jump in the chat tomorrow morning.
Quoting mmb91
Entry on the break. I started trading M15 instead of M5 and I'm having more success. Trying SL 20 pips and TP 20 pips on M15. Edit: note that MFI is not in confluence {image}
I agree, I have not found the MFI useful myself and that's why I combined the RSI and MFI in one window. I find M5 TF to be more accurate for entry as it can show you a retrace for a better price, and since you already set your SL and profit then the exit TF will not matter.
Quoting ziele
I have made Telegram Group channel for this scalping system. Feel free to join. https://t.me/+tlgAkUGYZahjNDE0
Good idea, I will try to join whenever I can
Quoting ziele
By the way today market is not good.
Sells on EU and GU. Buys on UCad and GJ too
GU, EA, GJ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5-26-9-22.png Size: 26 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5-26-9-22.png Size: 28 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5-26-9-22.png Size: 26 KB
GJ, EJ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5-27-9-22.png Size: 25 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5-27-9-22.png Size: 33 KB
UC
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15-28-9-22.png Size: 25 KB
Looks like the thread is dead here
Quoting FuturePips
My contribution to the tread. Simple systems will work well. I will share a indicator that will alert you when trend line break by a candle. It will notify you. This will help you to focus more, make some of this strategy semi automate. {image} {image} {image} {file}
please update the indicator , its no longer work now
I've been monitoring the thread "1 Minute Pullback System" which has been very popular on FF these days. After analyzing that I applied those concepts to this system in a different way. Ultimately I came to the conclusion that in an ever expanding and contracting market, mean reversion is a very strong concept.

This is my interpretation of this system. Context - I like to scalp volatile indices on short time frames so I usually exit after a bar or two of profit.

The indicator that I'm using to identify the trend is called Half-Trend, it's a very popular and widely used indicator. The logic I'm applying to the system is along the lines of some kind of mean reversion. Essentially, if price has moved "really"(subjective) far from the Half-Trend and Half-Trend has not changed color(trend) then I'm assuming price will pull back to it's mean. I'm using the tried-and-true MACD as an extra layer of validation and confirmation. I'm only entering when the MACD shows weakness and price is relatively far from the Half Trend. We could also use volume in confluence with both indicators for even further filtering.

For the time being this system proves to be very accurate, however I just started back testing today and will do some small forward testing tomorrow.

some examples exemplifying my reasoning
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
If this style is is too different than the original style I can start a new thread, just let me know.

Below is some more visualization

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
There's lots of setups, go check the charts and different pairs. Here's the most recent setup up GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Potential setup happening now on NZDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
  • Post #1,475
  • Quote
  • Last Post: Edited Feb 14, 2023 1:13am Feb 13, 2023 1:00pm | Edited Feb 14, 2023 1:13am
Quoting peachblast
I've been monitoring the thread "1 Minute Pullback System" which has been very popular on FF these days. After analyzing that I applied those concepts to this system in a different way. Ultimately I came to the conclusion that in an ever expanding and contracting market, mean reversion is a very strong concept. This is my interpretation of this system. Context - I like to scalp volatile indices on short time frames so I usually exit after a bar or two of profit. The indicator that I'm using to identify the trend is called Half-Trend, it's a very...
Hey peachblast, nice scalping you got there, I believe entries here are with the trend (the 7 & 20 EMA) which is the essence of this thread "Trendline Scalping System" (please refer to the first page for more details). Trades are initiated upon break of the trendline and upon continuation after pullback towards the line, however I think you are doing counter trend entries or am I mistaken?. Please state your entries clearly i.e what are your conditions for long and short entries using the indicators you mentioned.

Regards LB
0 traders viewing now