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M1 Countertrend Scalping Strategy

  • #9,141
  • Aug 14, 2023 2:43pm Aug 14, 2023 2:43pm
Quoting Darwati
The simple secret to trading success Sell on High , Buy on Low I love my vertical lines {image}
again
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  • #9,142
  • Aug 14, 2023 9:03pm Aug 14, 2023 9:03pm
Quoting Darwati
{quote} again {image}
Can you explain more about this system ?
Terima kasih sebelumnya.
  • #9,143
  • Aug 15, 2023 12:02am Aug 15, 2023 12:02am
Quoting xinitial
{quote} Can you explain more about this system ? Terima kasih sebelumnya.
It's just TDI manipulation, even though sometimes it seems obvious, still forex is full of uncertainty

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  • #9,144
  • Aug 15, 2023 12:26am Aug 15, 2023 12:26am
Quoting Darwati
{quote} It's just TDI manipulation, even though sometimes it seems obvious, still forex is full of uncertainty {image}
Still... no one know what will happen next .
xinitial.
  • #9,145
  • Aug 15, 2023 1:08am Aug 15, 2023 1:08am
Hi, since cpfleger no longer gives us any gift , joke has made many, I do, a filter indicator that serves to identify the maximum and minimum, applied an average to 20 periods.
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File Type: ex4 Punta_Minimi.ex4   12 KB | 335 downloads
  • #9,146
  • Aug 15, 2023 1:12am Aug 15, 2023 1:12am
Had a few minutes to look for a breakfast trade today and and managed this one before I go to work.
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #9,147
  • Aug 15, 2023 3:49am Aug 15, 2023 3:49am
Secret Buy on Low, Sell on High

you just need to confirm LL HL LH and HH on zigzagm are valid

to confirm it you need
1. LL HL LH and HH followed by Heiken Ashi in the opposite color to the previous one
2. You need to use trend indicators to find out how far a trend has progressed, because often the highest/lowest prices are in the middle between the start and end of a trend
3. You can make additional markers according as your needs & as you can, You can try it with MarCo-MA2Color indicator
And if in the big trend, your marker has not appeared, you can maintain the order until your marker appears, then close order

if you can recognize the validity of LL LH HL and HH on zigzgm , Maybe your trading will be better
Good Luck

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  • #9,148
  • Aug 15, 2023 4:14am Aug 15, 2023 4:14am
Quoting Darwati
Secret Buy on Low, Sell on High you just need to confirm LL HL LH and HH on zigzagm are valid to confirm it you need 1. LL HL LH and HH followed by Heiken Ashi in the opposite color to the previous one 2. You need to use trend indicators to find out how far a trend has progressed, because often the highest/lowest prices are in the middle between the start and end of a trend 3. You can make additional markers according as your needs & as you can, You can try it with MarCo-MA2Color indicator And if in the big trend, your marker has not appeared, you...
Or could use Bill Williams fractals. Though you have to anticipate them!
  • #9,149
  • Aug 15, 2023 4:14am Aug 15, 2023 4:14am
again

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  • #9,150
  • Aug 15, 2023 4:20am Aug 15, 2023 4:20am
Spank1969,
I have quit giving because too many people want 1M Countertrend strategies and nothing else, so be aware you are falling into that trap of giving where other just receive. I prefer less Drawdown and Risk, I Love Trading for Money.
cpfleger
  • #9,151
  • Aug 15, 2023 4:40am Aug 15, 2023 4:40am
Quoting Darwati
{quote} So when you say M1, I think H1, when you say reversion I think trend, when you use MA 9 20 50 on M1, I test it on MA 3,6,12 on H1 Why? Because I don't need to test something that you have tested, but have to test it in a different way then compare which one is better I can use that's the advantage of being a FF reader
Cpfleger, go ahead, I said earlier on page 3 of post#41 to Abade, that I have a reverse perspective, I see what no one else has seen

So, as Abade said, let Kof's technique continue to grow, and other variants will appear occasionally

Quoting cpfleger
Spank1969, I have quit giving because too many people want 1M Countertrend strategies and nothing else, so be aware you are falling into that trap of giving where other just receive. I prefer less Drawdown and Risk, I Love Trading for Money. cpfleger
Cpfleger, They still need a good tutor like you
  • #9,152
  • Aug 15, 2023 5:10am Aug 15, 2023 5:10am
Quoting cpfleger
Spank1969, I have quit giving because too many people want 1M Countertrend strategies and nothing else, so be aware you are falling into that trap of giving where other just receive. I prefer less Drawdown and Risk, I Love Trading for Money. cpfleger
Give it time. I see the reason why you said that from post 8803 now. After backtesting the original one and version 3 trading system, v3 has less drawdown and it could keep my emotion more stable. The original KoF is good but it's riskier and it's hard to alter the trading style between trend trading and counter trend trading.
  • #9,153
  • Aug 15, 2023 5:32am Aug 15, 2023 5:32am
Counter Trend & Sell on High

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Cpfleger , I will be taking a break , due to a lot of work this month and next , please continue

Good Luck & Success
  • #9,154
  • Aug 15, 2023 8:08am Aug 15, 2023 8:08am
Quoting Darwati
{quote} Cpfleger, go ahead, I said earlier on page 3 of post#41 to Abade, that I have a reverse perspective, I see what no one else has seen So, as Abade said, let Kof's technique continue to grow, and other variants will appear occasionally {quote} Cpfleger, They still need a good tutor like you
I believe there is room for everyone here, the more people share the more we all learn.
without patience how can you be a trader?
  • #9,155
  • Aug 15, 2023 9:15am Aug 15, 2023 9:15am
As long as you manage your risk there is no way to lose. It has been so for me for the last 6 months. It does not matter how much money you put in the account. First dicipline and then everything comes to your way itself. Be brave but also prudent. Happy trading.
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  • #9,156
  • Aug 15, 2023 9:27am Aug 15, 2023 9:27am
These are the trades EA has taken today. I usually trade myself but put my strategy to an EA test. It is great. Master your trading pair or strategy and you dont need any fancy indicators with all over the chart so you cant see anything.Happy trading to all.
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  • #9,157
  • Aug 15, 2023 10:13am Aug 15, 2023 10:13am
I think that in this wonderful thread a lot of work has been done on the strategy but very little on the mental part.

- Be patient when opening operations
- Wait for the turn
- Use little lotage and if the price goes against you, you will be calm waiting for it to go in your favor.
  • #9,158
  • Aug 15, 2023 11:47am Aug 15, 2023 11:47am
M1 GBP countertrend scalps - earlier today...
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and just now!
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every minute matters!
  • #9,159
  • Aug 15, 2023 2:11pm Aug 15, 2023 2:11pm
Quoting Steverino832
{quote} I believe there is room for everyone here, the more people share the more we all learn.
Exactly my thoughts! This is why I don't want any trader here (new or experienced) to feel restricted or to restrict others in their opinions and trading behavior.

It's unrealistic to expect that 100% of the participants will agree/feel happy about ALL our indicator sets, philosophy, personalities and thought process. So I believe it's best to accept this fact of life and let sharing be a selfless act, not a conditioning one.
  • #9,160
  • Aug 15, 2023 3:06pm Aug 15, 2023 3:06pm
Quoting niks
M1 GBP countertrend scalps - earlier today... {image} and just now! {image}
Yeah baby! That second trade looks great! **Chef's kiss**
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