We don't see things as they are - we see things as we are.
M1 Countertrend Scalping Strategy
- #9,204
- Aug 17, 2023 4:57am Aug 17, 2023 4:57am
- Joined Dec 2022 | Status: Trader | 3,259 Posts
M1 EUR countertrend scalps - the gut was rumbling and then it got filled!
every minute matters!
- #9,206
- Aug 17, 2023 5:34am Aug 17, 2023 5:34am
- Joined Mar 2023 | Status: Trader | 1,007 Posts
{image}
without patience how can you be a trader?
- #9,208
- Aug 17, 2023 6:16am Aug 17, 2023 6:16am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
Trying to make a counter trend EA scenario
If the scenario goes right, maybe the GU will drop to the 1.27300 level in the near future 
If the scenario goes right, maybe the GU will drop to the 1.27300 level in the near future
- #9,209
- Aug 17, 2023 7:14am Aug 17, 2023 7:14am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
Trying to make a counter trend EA scenario {image} {image} If the scenario goes right, maybe the GU will drop to the 1.27300 level in the near future{image}
- #9,210
- Aug 17, 2023 7:24am Aug 17, 2023 7:24am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
{quote} Test Counter Trend Indicator {image}
- #9,211
- Aug 17, 2023 7:35am Aug 17, 2023 7:35am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
{quote} Looking to the left of the chart for the current price can sometimes help {image}
- #9,213
- Aug 17, 2023 8:12am Aug 17, 2023 8:12am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
Prices always have an oscillatory nature
the center line is the center line on the indicator
For example, 4-5 indicators on M1 are overbought,
then that could be considered as a sell order and Close when 2-3 indicators state oversold
And it still has to be associated with Support & Resistance, the trend on the TF above it etc
Then you can combine this with the ones in this forum
Good Luck
the center line is the center line on the indicator
For example, 4-5 indicators on M1 are overbought,
then that could be considered as a sell order and Close when 2-3 indicators state oversold
And it still has to be associated with Support & Resistance, the trend on the TF above it etc
Then you can combine this with the ones in this forum
Good Luck
- #9,215
- Aug 17, 2023 8:41am Aug 17, 2023 8:41am
- Joined Mar 2023 | Status: Trader | 1,007 Posts
Checked laptop before work quick and TPs were hit for 43 pips: {image} Later gators!
without patience how can you be a trader?
- #9,216
- Edited 12:02pm Aug 17, 2023 8:43am | Edited 12:02pm
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts
Here Indicator that I used for counter trend
Green Arrow for Buy Counter Trend , close on Green Dot / Zigzag value
Red Arrow for Sell Counter Trend , close on Red Dot /Zigzag value
but I'm sorry there are restrictions on using a live account,
if the profit is more than 50, the indicator will stop ,applies every day ( You Have Setting Account History to Today)
for close order = 1st /2nd Dot or Peak/Valley Zigzagm ( Close all order )
only for those who are trying to find another experience
Green Arrow for Buy Counter Trend , close on Green Dot / Zigzag value
Red Arrow for Sell Counter Trend , close on Red Dot /Zigzag value
but I'm sorry there are restrictions on using a live account,
if the profit is more than 50, the indicator will stop ,applies every day ( You Have Setting Account History to Today)
for close order = 1st /2nd Dot or Peak/Valley Zigzagm ( Close all order )
only for those who are trying to find another experience
- #9,217
- Aug 17, 2023 9:52am Aug 17, 2023 9:52am
- Joined Dec 2022 | Status: Trader | 3,259 Posts
every minute matters!
- #9,219
- Aug 17, 2023 10:30am Aug 17, 2023 10:30am
- Joined Dec 2022 | Status: Trader | 3,259 Posts
M1 EUR countertrend scalps - managing risk and maximising profits!
every minute matters!
- #9,220
- Aug 17, 2023 10:57am Aug 17, 2023 10:57am
- Joined Oct 2022 | Status: frog in shell totally active | 1,186 Posts