M1 Countertrend Scalping Strategy | Page 283 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD

Similar Threads

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

strategy builder/tester for new scalping strategy 1 reply

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

Reversals vs. CounterTrend Trade 28 replies

CounterTrend Trading 58 replies

Attachments: M1 Countertrend Scalping Strategy
Exit Attachments

M1 Countertrend Scalping Strategy

  • #5,641
  • May 21, 2023 8:30am May 21, 2023 8:30am
i downloaded the tpl u posted but i cant see the bottom indicators do u have the full rar file including all indicators and tpl in the rar file ie be most obliged if u can send the rar file many thanks
  • #5,642
  • May 21, 2023 9:17am May 21, 2023 9:17am
Quoting cpfleger
Bazzza, Look in the paperclip and download everything with my name, simple my man. cpfleger
thats what he told me to do. He never includes all the indicators in his templates. Good luck
  • #5,643
  • May 21, 2023 9:29am May 21, 2023 9:29am
devpat21 / Bazza,
I was requested by another member for the Template and if you two would read and participate within this Forum you would already have all the Indicators and Templates from page 1, quit being lazy, learn and earn like all other people who participate in this Forum.
Paperclip is only a click away.
cpfleger
  • #5,644
  • May 21, 2023 11:33am May 21, 2023 11:33am
Quoting niks
{quote} well traded amiraven, just a couple of suggestions though... you cost averaged up on the the second order, you generally do not want to do this on a countertrend trade, you should save your orders for cost averaging down - if your first order makes it quickly to target without drawdown, there is no need to add extra risk for just a few extra points, take your profits and move onto the next trade... as you cost average down, make sure you have a plan to protect your margin by taking additional orders at key s\r areas and leaving adequate...
Thanks for your helpful suggestions !
I haven't come this far to only come this far !
  • #5,645
  • May 21, 2023 12:07pm May 21, 2023 12:07pm
Quoting xinitial
{quote} {file} Enjoy
Thanks
  • #5,647
  • May 21, 2023 5:59pm May 21, 2023 5:59pm
Quoting Bazzza
and stop being lazy and post complete tpl
He doesn't owe us anything! He's not even the originator of this thread. Be grateful. I've read every word in this thread. I never once felt the need to ask for templates and/or indicator files as they are all in the posts and paper clip. Read, understand, learn, earn the knowledge and skill.
  • #5,648
  • May 21, 2023 6:10pm May 21, 2023 6:10pm
Quoting Bazzza
and stop being lazy and post complete tpl
just looked at you back posts you are just a leech , and a ungrateful one at that ignored button pressed
people leave, but this thread will go on for ever
  • #5,649
  • May 21, 2023 7:30pm May 21, 2023 7:30pm
Forgot to post the rest of my practice demo trades from 5/15/2023. I cramped them onto one image with notation for ease of viewing and to not clutter before posting today's trades (week 4).
Attached Image (click to enlarge)
Click to Enlarge Name: 5-15-2023 trades 02_03a_03b.png Size: 204 KB
  • #5,650
  • May 21, 2023 7:40pm May 21, 2023 7:40pm
first entry week 2 practice
Attached Image (click to enlarge)
Click to Enlarge Name: Sin título.png Size: 48 KB
  • #5,651
  • May 21, 2023 7:48pm May 21, 2023 7:48pm
Donny3rd,
Nice trades.

javipenjamo,
Be patient due to ranging.
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 449 KB
  • #5,652
  • May 21, 2023 7:52pm May 21, 2023 7:52pm
Thanks cpfleger!


Today I'm starting week 4 of demo practice trades for KoF V3 system.

Just happened to boot up the console at the right time for some good setups at decent ranges for the time and being so early int he trading week.

Entry 01 was a buy on USDJPY:
Attached Image (click to enlarge)
Click to Enlarge Name: 01 USDJPY 2023-05-21 162020 entry.png Size: 82 KB


Entry 02 was a sell on EURUSD:
Attached Image (click to enlarge)
Click to Enlarge Name: 02 EURUSD 2023-05-21 163015 sell entry.png Size: 82 KB


Exited 01 at 20EMA for 6.7 pips:
Attached Image (click to enlarge)
Click to Enlarge Name: 01 USDJPY 2023-05-21 164320 exit at 20ema 6.7pips.png Size: 75 KB


Exited 02 also at 20EMA for 1.5 pips:
Attached Image (click to enlarge)
Click to Enlarge Name: 02 EURUSD 2023-05-21 164456 exit at 20ema 1.5pips.png Size: 73 KB


After I exited these 2 trades the price action for the pairs I watch just was kinda sloppy and meandering. I only watch 6 pairs: EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY, and EURJPY. So now I wait flicking through the pairs every 5-10 minutes.
  • #5,653
  • May 21, 2023 7:58pm May 21, 2023 7:58pm
cci histogram
Attached File(s)
File Type: mq4 cci trend (mtf + alerts.mq4   6 KB | 295 downloads
  • #5,654
  • May 21, 2023 8:00pm May 21, 2023 8:00pm
Donny3rd,
Just a comment. I close all Navigator windows and open the Market Watch window with my defined less than 1 Pip Pairs and just slide the Pair onto the M5 Chart every 4:45 minutes to find a Trade, saves the CPU.
cpfleger
  • #5,655
  • May 21, 2023 8:01pm May 21, 2023 8:01pm
javipenjamo,
I will check the Indi out tomorrow.
cpfleger
  • #5,656
  • May 21, 2023 8:10pm May 21, 2023 8:10pm
Waiting is over 80% of trading time....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 469 KB
  • #5,657
  • Edited 9:48pm May 21, 2023 8:11pm | Edited 9:48pm
Quoting cpfleger
Donny3rd, Just a comment. I close all Navigator windows and open the Market Watch window with my defined less than 1 Pip Pairs and just slide the Pair onto the M5 Chart every 4:45 minutes to find a Trade, saves the CPU. cpfleger
I just hit Ctrl+Tab and cycle through them. My laptop has the guts to perform. 8 core AMD Ryzen 7 5825U with 24 gigs of ram

Attached Image (click to enlarge)
Click to Enlarge Name: Laptop Specs.png Size: 34 KB
  • #5,658
  • May 21, 2023 8:15pm May 21, 2023 8:15pm
second try
Attached Image (click to enlarge)
Click to Enlarge Name: Sin título.png Size: 41 KB
  • #5,659
  • May 21, 2023 8:16pm May 21, 2023 8:16pm
GBPUSD has a few Buyers still.
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 436 KB
  • #5,660
  • May 21, 2023 8:28pm May 21, 2023 8:28pm
javipenjamo,
Your timing is off. Your sell is at the Green Support Box which is telling you to get ready for an upward mini pullback. And why so many candles after the first selling red candle?
cpfleger
12 traders viewing now, 2 are registered:
Pkpk
,