M1 Countertrend Scalping Strategy | Page 177 | Forex Factory

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M1 Countertrend Scalping Strategy

  • #3,521
  • Feb 22, 2023 3:50am Feb 22, 2023 3:50am
A quick in and out....
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  • #3,522
  • Feb 22, 2023 3:55am Feb 22, 2023 3:55am
Quoting charli86
gu poi 2 ,1206,depends of pa may skip....
missed as open 2 positions with wti closed near ema 9 ,wti approaching poi...
Make your own rules and stick to it.
  • #3,523
  • Feb 22, 2023 3:55am Feb 22, 2023 3:55am
The Power of the 20 EMA....
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  • #3,524
  • Feb 22, 2023 3:59am Feb 22, 2023 3:59am
Original KoF System versus modified KoF System...
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  • #3,525
  • Feb 22, 2023 4:02am Feb 22, 2023 4:02am
Pre setup....
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  • #3,526
  • Edited 4:24am Feb 22, 2023 4:06am | Edited 4:24am
Quoting Chucun
{quote} Hi Darwati, I have some questions about the supertrap indicator. Please see the screenshot and the questions below. I may have more questions, just trying to understand the indicator. 1. What is this line and what does it represent? Does green mean ready for buy? 2. What does the arrow represent? Is this how the auto orders are triggered?. 3. What does the magenta arrow mean and what does it do? 4. How is TP and SL calculated. Can I adjust them? 5. Can I control how many orders are opened? What determines how many orders are open? Sometimes...
In simple terms it can be concluded as follows

It's better to buy if all the colors are similar, especially if the price is above ema200

Sell the opposite

because indicators only have tendencies, and there is no certainty, then adjust them according to the strategy you are using

arrow around the candle = trigger EA open order M1-H1

arrow around ema 200 = trigger EA open Order for M5 only

to change the maximum order opened by EA you can change the "edit box" on the left of the same line as the open order button

to change hidden TP , on the left of the same line as the CloseProfit button (in spread units according to the pair)
  • #3,527
  • Feb 22, 2023 4:08am Feb 22, 2023 4:08am
Use the Indicators to your advantage...
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  • #3,528
  • Feb 22, 2023 4:13am Feb 22, 2023 4:13am
wti expecting big green candle any moment now
Make your own rules and stick to it.
  • #3,529
  • Feb 22, 2023 4:15am Feb 22, 2023 4:15am
Quoting charli86
wti expecting big green candle any moment now
and closed....
Make your own rules and stick to it.
  • #3,530
  • Feb 22, 2023 4:18am Feb 22, 2023 4:18am
Quoting cpfleger
Use the Indicators to your advantage... {image}
I love your diamond indicator it looks spectacular
  • #3,531
  • Feb 22, 2023 4:22am Feb 22, 2023 4:22am
javipenjamo,
Be patient young man, be patient...
cpfleger
  • #3,532
  • Feb 22, 2023 4:25am Feb 22, 2023 4:25am
Pre setup....
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  • #3,533
  • Feb 22, 2023 4:39am Feb 22, 2023 4:39am
Pre setup....

The Market is slow this morning, so be aware....
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  • #3,534
  • Feb 22, 2023 4:48am Feb 22, 2023 4:48am
Of the 3 pre setups, only EURUSD has failed to make 3 to 5 Pips...
Banks are debating direction, so be patient.
  • #3,535
  • Feb 22, 2023 4:51am Feb 22, 2023 4:51am
indicators represent price action and never the other way round

for those who may not still fully understand the complete picture regarding price action, here's a useful resource...

Inserted Video
every minute matters!
  • #3,536
  • Feb 22, 2023 4:55am Feb 22, 2023 4:55am
eurchf may give good setup if continue like this lower
Make your own rules and stick to it.
  • #3,537
  • Feb 22, 2023 5:11am Feb 22, 2023 5:11am
Good morning gents.. another day more coins. I’m out for the day. Gotta love ema 20
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  • #3,538
  • Feb 22, 2023 5:29am Feb 22, 2023 5:29am
Pre setup for Gold...
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  • #3,539
  • Feb 22, 2023 5:42am Feb 22, 2023 5:42am
Have faith in the System and let it work for you....
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  • #3,540
  • Feb 22, 2023 5:47am Feb 22, 2023 5:47am
If you do not catch one direction, catch the other - to trend or countertrend...
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