M1 Countertrend Scalping Strategy

Quoting zozon99

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{quote} This volume indicator was coded when I was a binary option trader for the most accurate determination of the movement of the candle... each stick has both a bearish and a bullish color... depending on the movement of the candle over time... if one color prevails 80 - 90 % , it is a sign of strong momentum in that way... {file}

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Quoting mario777

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{quote} how do you use this indicator?

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Quoting cpfleger

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Seabreeze, Getting better with time matey. cpfleger

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Quoting cpfleger

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Seabreeze, Slightly too early my man. Look at the colored MA Line and your entry point - too early... Always expect a test upwards before it falls downwards... cpfleger

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Quoting erod84

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{quote} josh1111 I don’t cost average because the way I trade this system rarely calls for it. DD is around 1% to trigger a hedge but again 99% of the time i don’t require any hedging. Use SMC and even RSI divergence with cpfleger template, grab your 5 pips and get out. Wait for next setup. It’s how I do it, of course you have to decide what your risk tolerance is etc. I prefer to get in, and get out. I can ride trades out for many pips prefer not to.. never get greedy! It will kill your trading career. I learned less is more in all avenues of life.....

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