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M1 Countertrend Scalping Strategy

  • #5,741
  • May 24, 2023 6:04am May 24, 2023 6:04am
xinitial,
You should have a BUY open and in profit.
cpfleger
  • #5,742
  • May 24, 2023 6:07am May 24, 2023 6:07am
Trading becomes FUN once you start reversing your mindset from Reacting to being Proactive...
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 112 KB
  • #5,743
  • May 24, 2023 6:08am May 24, 2023 6:08am
Quoting cpfleger
xinitial, You should have a BUY open and in profit. cpfleger
I closed on +6.5, red arrow appear on M1.
xinitial.
  • #5,744
  • Edited 6:34pm May 24, 2023 6:08am | Edited 6:34pm
Quoting cpfleger
Ronin, We had a chap make an EA over a month ago and it disappeared, so we will try another version if ready. But if we follow the original KoF EMA Strategy it would be hard to make an effective EA especially on the 1M TF BUT we can be proven wrong anytime. A challenge for you young man. cpfleger
Thank you for providing the background. It was my initial thought, figured out how to code the counter trend part. Something I have tried to do for awhile.

Agree 1M chart is very choppy, inital run was on 15M chart.

I will add this project to my list of work and come back with something or to say too hard for me.
  • #5,745
  • May 24, 2023 6:12am May 24, 2023 6:12am
Ronin,
Opportunity for a young man, us old timers like the one fingered mouse theory.
cpfleger
  • #5,746
  • May 24, 2023 6:13am May 24, 2023 6:13am
xinitial,
Excellent, Performance Is Profits (PIPs)
cpfleger
  • #5,747
  • May 24, 2023 6:18am May 24, 2023 6:18am
Be proactive....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 123 KB
  • #5,748
  • May 24, 2023 6:21am May 24, 2023 6:21am
Quoting cpfleger
xinitial, Excellent, Performance Is Profits (PIPs) cpfleger
Waitting for other playground...
Like you said WAIT and PATIENT .
Xinitial.
  • #5,749
  • May 24, 2023 6:23am May 24, 2023 6:23am
xinitial,
Very true especially for old timers, must plan our coffee breaks, priorities.
cpfleger
  • #5,750
  • May 24, 2023 6:32am May 24, 2023 6:32am
Food For Thought....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 123 KB
  • #5,751
  • May 24, 2023 6:38am May 24, 2023 6:38am
The PSAR Dots are only additional directional bias BUT you do not need this Indicator if it distracts your Eyes....
The combination of HA Candles with SR Boxes and Gann Line is your main focus after directional bias from the RSI.
Start at the RSI and go upwards every time / trade.
Clean and simple.
cpfleger
  • #5,752
  • May 24, 2023 6:45am May 24, 2023 6:45am
Guidance.
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 204 KB
  • #5,753
  • May 24, 2023 6:53am May 24, 2023 6:53am
Performance...
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 125 KB
  • #5,754
  • Edited 7:24am May 24, 2023 6:54am | Edited 7:24am
eureka! still good value i think...
Attached Image (click to enlarge)
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yes it was!
Attached Image (click to enlarge)
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every minute matters!
  • #5,755
  • May 24, 2023 7:31am May 24, 2023 7:31am
KoF is live on YouTube right now....
cpfleger
  • #5,756
  • May 24, 2023 7:54am May 24, 2023 7:54am
please use EXTREME caution if trading real money when following KoF.. knock yourself out on demo!
Attached Image (click to enlarge)
Click to Enlarge Name: E4B4BC0D-F1CF-44C5-AED1-967AD9BC4A19.jpeg Size: 677 KB


Attached Image (click to enlarge)
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every minute matters!
  • #5,757
  • May 24, 2023 7:56am May 24, 2023 7:56am
Quoting cpfleger
MT5 Template {file}
Everytime i download this template (SAR and CCI Scalper) it comes up a black screen with a line chart. Is anyone else having this problem with this template? Please send me one that works with MT4. Thank you.
  • #5,758
  • May 24, 2023 8:19am May 24, 2023 8:19am
rcbarlow,
Again, the failure to read this Forum.
Do you want me to trade for YOU tooooooo????
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 139 KB
  • #5,759
  • May 24, 2023 9:12am May 24, 2023 9:12am
Thank you very much. I did not know this was the same template as the PSAR and Sar Scalper template.
Again,
Thank you.
  • #5,760
  • May 24, 2023 9:43am May 24, 2023 9:43am
Quoting niks
eureka! still good value i think... {image} yes it was! {image}
Perfect !
How do you set your exit point ?
I haven't come this far to only come this far !
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