Attachments: M1 Countertrend Scalping Strategy

M1 Countertrend Scalping Strategy

#10,181
Edited 1:50am Nov 22, 2023 1:27am | Edited 1:50am

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

Quoting FxSignals

Disliked

{quote} thank you i got it but yours have more lines and whats the settings?

Ignored

please read...
search my posts for "keltner settings"

i'm more than happy to answer questions not already answered!

every minute matters!

#10,182
Nov 22, 2023 1:38am Nov 22, 2023 1:38am

FxSignals
| Joined Mar 2009 | Status: Trader | 124 Posts

Quoting niks

Disliked

{quote} please read... https://www.forexfactory.com/search?searchid=47601254 i'm more than happy to answer questions not already answered!

Ignored

I couldnt find that and your link says :
Search results expired. URLs for search results cannot currently be shared with others.

#10,183
Nov 22, 2023 1:48am Nov 22, 2023 1:48am

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

Quoting FxSignals

Disliked

{quote} I couldnt find that and your link says : Search results expired. URLs for search results cannot currently be shared with others.

Ignored

indeed it does, you will have to conduct your own search in that case, just click on my name and search for "keltner settings" within my posts - instant gratification is what we all desire in trading, but it takes many years of research and practice to achieve it - the summary is, add the indicator two times with different multiplier on each for dual channels, there are no best settings, the one's in the xau snapshots you are asking about are sma20 with 80 range period and 2,4 multipliers...

every minute matters!

#10,184
Nov 22, 2023 2:23am Nov 22, 2023 2:23am

FxSignals
| Joined Mar 2009 | Status: Trader | 124 Posts

Quoting niks

Disliked

{quote} indeed it does, you will have to conduct your own search in that case, just click on my name and search for "keltner settings" within my posts - instant gratification is what we all desire in trading, but it takes many years of research and practice to achieve it - the summary is, add the indicator two times with different multiplier on each for dual channels, there are no best settings, the one's in the xau snapshots you are asking about are sma20 with 80 range period and 2,4 multipliers...

Ignored

Thank you, now i got it perfectly

#10,185
Nov 22, 2023 3:09am Nov 22, 2023 3:09am

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

M1 XAUUSD

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 28 KB

Quoting FxSignals

Disliked

{quote} Thank you, now i got it perfectly

Ignored

it's my pleasure, glad you got it working, please feel free to share how it goes for you...

every minute matters!

#10,186
Nov 22, 2023 5:29am Nov 22, 2023 5:29am

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

M1 XAUUSD

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 25 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 26 KB

every minute matters!

#10,187
Nov 22, 2023 6:47am Nov 22, 2023 6:47am

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

M1 XAUUSD

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 11 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 32 KB

every minute matters!

#10,188
Nov 22, 2023 10:27am Nov 22, 2023 10:27am

cpfleger
Joined Jul 2015 | Status: Trader | 6,592 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: Trades.jpg
Size: 335 KB

#10,189
Nov 22, 2023 1:49pm Nov 22, 2023 1:49pm

rodney204
| Joined Sep 2023 | Status: Trader | 65 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 49 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 40 KB

with HA trailing stop. it's not always a good idea but sometimes it can get you a few extra pips

#10,190
Nov 22, 2023 1:52pm Nov 22, 2023 1:52pm

rodney204
| Joined Sep 2023 | Status: Trader | 65 Posts

EU again, going short, with the trend

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 24 KB

#10,191
Nov 22, 2023 1:54pm Nov 22, 2023 1:54pm

rodney204
| Joined Sep 2023 | Status: Trader | 65 Posts

HA might have helped get a better initial entry

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 27 KB

#10,192
Nov 22, 2023 2:01pm Nov 22, 2023 2:01pm

rodney204
| Joined Sep 2023 | Status: Trader | 65 Posts

could have stretched it a bit more i guess. especially after the aroon switched over

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 50 KB

#10,193
Nov 22, 2023 2:05pm Nov 22, 2023 2:05pm

rodney204
| Joined Sep 2023 | Status: Trader | 65 Posts

Quoting niks

Disliked

M1 XAUUSD {image} {image}

Ignored

nice!

niks, your re-entry conditions are interesting, what are you using? not the 9 like in the original KOF. and sometimes your entering on the upswing?

#10,194
Nov 22, 2023 6:23pm Nov 22, 2023 6:23pm

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

Quoting rodney204

Disliked

{quote} nice! niks, your re-entry conditions are interesting, what are you using? not the 9 like in the original KOF. and sometimes your entering on the upswing?

Ignored

thanks rodney! your doing very nicely as well...

i'm not sure if you mean the re-entry for a new sequence of trades or referring to individual trades within a sequence?

if any countertrend entries appear to be above ema9, it was either because i was late or i was awaiting confirmation before entry, i'm also using the keltner channel for additional guidance for both trend and countertrend trades and have documented how i am using them in previous posts...

feel free to reference a specific example...

every minute matters!

#10,195
Nov 22, 2023 10:33pm Nov 22, 2023 10:33pm

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

M1 AUDUSD

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 9 KB

Attached Image (click to enlarge)

every minute matters!

#10,196
Nov 22, 2023 10:40pm Nov 22, 2023 10:40pm

TransparentT
| Joined Aug 2021 | Status: Trader | 41 Posts

Quoting niks

Disliked

{quote} indeed it does, you will have to conduct your own search in that case, just click on my name and search for "keltner settings" within my posts - instant gratification is what we all desire in trading, but it takes many years of research and practice to achieve it - the summary is, add the indicator two times with different multiplier on each for dual channels, there are no best settings, the one's in the xau snapshots you are asking about are sma20 with 80 range period and 2,4 multipliers...

Ignored

https://www.forexfactory.com/thread/...2#post14648072

Just as a reference, you can always direct people here and it has all the links and pictures they need to set up your Keltner Channel system on MT5 or MT4.

#10,197
Nov 22, 2023 11:04pm Nov 22, 2023 11:04pm

niks
Joined Dec 2022 | Status: Trader | 3,229 Posts

M1 XAUUSD

Attached Image (click to enlarge)

Quoting TransparentT

Disliked

{quote} https://www.forexfactory.com/thread/...2#post14648072 Just as a reference, you can always direct people here and it has all the links and pictures they need to set up your Keltner Channel system on MT5 or MT4.

Ignored

appreciate the reminder, and so it is not forgotten, i will add it to my signature! thanks again...

every minute matters!