Scalper Trading Technique

Quoting 3116

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{quote} Do you have any alarm app for the set up? Is there posible way to set alarm in MT4? I only know set alarm in trading view, but sadly I cannot set up the indicator in trading view because the setting is slightly different vs Mt4. Very much appreciate if you can share how can you manage to find the set up in a day.

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Quoting holgi19

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{quote} You can use this template with indicator attached....define your alarm zone, enable push alerts to your phone in mt4 settings. Better: use a vps server- run the pairs of your choice on it and get alarms --- enjoy ;-) {file} {file} {file}

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Quoting 3116

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{quote} wow, thank you sir. Do you have the guideline how to set up? Sorry im pretty new to MT4, been struggling whole afternoon tried to set up but I cannot see any button to set the alarm after I load the template

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Quoting atuque1

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{quote} I trade with all major pairs, except Aus & Nzd

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Quoting holgi19

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{quote} You define the alarm in the settings of the indicator, there is no extra button....look at picture below....everything else you can easily find out yourself i´m sure {image}

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Quoting fx4money

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this was 1 of my earlier days scalping technique, using stoch, minus the apps basically i believe the apps show sell when price go bellow D1 open, and buy when price go above open, please correct me if i am wrong for beginners, better check on news schedule, stay away around 1hr before and after news, especially during usa session or news related to the pairs to avoid sudden reversal or break out

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Quoting nveemjay

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Sell : TF 15 Stochastic above 90 TF 1 Stochastic <50 (0 to 50) Teletrader.com Daily signal Sell Buy : TF 15 Stochastic below 10 TF 1 Stochastic >50 (50 to 100) Teletrader.com Daily signal Buy The above are correct ?

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Quoting holgi19

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{quote} You define the alarm in the settings of the indicator, there is no extra button....look at picture below....everything else you can easily find out yourself i´m sure {image}

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Quoting ckwun0605

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hi Atuque, can you share us more screenshot of your trading so that easier for me to understand ? i have been testing this for some time, but still not getting the result, wondering did i get the method wrong...appreciate if you can share some pictures of your entry point and exit point

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Quoting 3116

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Hi@atuque1, Hope u still doing great! Are you still using this method? And I have few questions if you still using it. 1. Is Baha work on Monday, since it will have the gap, so do you trade on Monday? 2. I remember you trade popular pairs. Can I ask why because as my experience GU, EU, AU (same for UJ, UCad) will reach stoch > 90 or < 10 at the same time so is it better to trade only 1 pair? 3. Have you ever see GU on green but EU and AU is red, what pair will you trade at the time or you will stay away from the market? Thank you,

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Quoting 3116

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{quote} Hi @atuque1, Welcome back, hope you can help me with above queries. I 've been testing this method since you start this thread, my balance is up and down but mostly break even. I'm wondering is there anything I can use to optimize more to get great result as you did. I only trade 1 pair with the highest %changed (green/red) at a time since my experience GU, EU, AU will go same direction and opposite with Uj, Ucad, Uchf and then increase my lot size. Do you think it better than trade multiple pairs as you did right now?

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Quoting atuque1

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{quote} Hi 3116, As I am a scalper, still scalping till now, I will always set TP at 5pips each trade. About the pairs traded, always the major Pairs: EU, GU, EJ, GJ, UJ, UChf, UCad. (Not in AU & NU) If EU & GU goes same way, & UJ, UCad, UChf opposite ways, I will trade as it is too.. But I will keep in mind to trade max of 2-4 at same time.. And monitored closely if Max Trades already.

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Quoting mr.smil3

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HI OP, Are you still use this?

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