M1 Countertrend Scalping Strategy

Quoting niks

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that's a LOT of work! thanks for sharing it... the set of indicators you have chosen are top notch like the author that published them... he also wrote the keltner channel i am using, plus the keltner rsi and oscillator i am currently testing... the results look excellent, very stable consistent profits, very well done Abade!

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Quoting josh1111

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{quote} Wow Thanks for sharing all of your hard work! It is nice to see some real analyzation like this.

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Quoting Abade

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Thank you for your words my friend! It was very hard work indeed, but totally worth it. I agree, Mladen is one of the best MQL coders out there. All his indicators run smoothly and do justice to the original ideas, that's why most of the EAs I build have them.

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Quoting SaschaBoey05

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The day will come when the price will first blow your account and then come back. With martingale always turn out the same sooner or later.should put the winnings into a different account every day so that you only lose the account that day and continue with the winnings. You can calculate your risk however you want, but that day will come. Unless you trade with 10k 0.05lot... risking your entire account every day for a few pips is absolutely illogical and risky. my opinion

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Quoting niks

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{quote} you must have replied in the wrong thread, this is not a martingale strategy... also, risk is managed, not calculated, read the first post for how this strategy works...

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Quoting SaschaBoey05

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I look at the first post, but where i can find the rule to open trade with the trend and not against?

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Quoting BernardoAmar

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I think this is a cool strategy, i called it double counter trend strategy, the countertrend strategy only works when the market is flat, but when the market goes overbought or oversold it might enter a strong trend, so we wait that the market enters the overbought or overdsold area, then we wait again for the market to enter opposite overbought or oversold area because the probability of the market being flat is higher. I am using adapting moving bands which is a standard mt5 indicator. i also leave a template {image} {file}

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