Hi Henni,
Sorry I am newbie, may I know how to set up and start using your method? which files should I download and what are the rules for entering the trades?
Hi all, currently I have limited access only to the internet. Hence I am not visiting here as frequent as before. Sorry for not promptly addressing all of your questions.
I am trying to use this unproductive season in my life to put together a killer scalping system of which the above is my first attempt. Unfortunately I have no way of testing these apart from using general knowledge - however I am convinced that these may actually help some of you in the interim.
At the very least it provides a much clearer picture of what is going on.
The parts that I could test with Backtester yields incredible results. I think I am on the right track. Hopefully this would make some money for some of you, especially the môre inexperienced Traders like myself.
The one thing I've discovered very quickly, when I traded against the indicator suggestions by using my own reasoning, every one of those trades went against me. The trends that were totally exhausted in my opinion, proved me wrong in every instance.
Thus when I start to use this system live, I'll put my reasoning aside and follow the indicators faithfully. This is EXACTLY what a trigger happy "trader" like myself needs in order to curb my impulses which always gets me into trouble.
Update: 1. Add to your indicators 2. Replace very last template with this one. {file} {file} {image}
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Thanks for the update
I see that there are some changes your indicators from the beginning.
Would you describe again your updated roles according to last indicators template.
The parts that I could test with Backtester yields incredible results. I think I am on the right track. Hopefully this would make some money for some of you, especially the môre inexperienced Traders like myself. The one thing I've discovered very quickly, when I traded against the indicator suggestions by using my own reasoning, every one of those trades went against me. The trends that were totally exhausted in my opinion, proved me wrong in every instance. Thus when I start to use this system live, I'll put my reasoning aside and follow the indicators...
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Congratulations on your achievement.
I'm still learning on your strategy which not directly easy to understand for me.
I hope I can follow your footsteps of success
I think the indicators speak for themselves. I don't think scalping has ever been easier. There is not one single strategy involved. Instead analyze everything & see what works best for you. Or even use a combination of everything for more safety.
or:
Use ONLY the main trading template & ONLY place trades when you see arrows - success guaranteed! Now what on earth could be easier than that?
or:
Use the 4th template to place trades when you see all green or all red. Exit as soon as you see ANY yellow.
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Joined Nov 2007
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Status: Trader
|75 Posts|
Online Now
Only yesterday I discovered this thread: very interesting, now I will start reading from first post trying to understand the system, seems to be promising.
Thank you.
In the last 15 minutes only! Play with the trailing stop settings - mine is already up to 20 from the original 8. I will keep on increasing it until I achieve the best results. {image} {image}
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Hello, and Happy Christmas.
I was wondering if you would post the indicators and template you are using please. I downloaded indicators and can't get chart to look the same, I like the look of yours and think will suit trading style.
{quote} Hello, and Happy Christmas. I was wondering if you would post the indicators and template you are using please. I downloaded indicators and can't get chart to look the same, I like the look of yours and think will suit trading style. Thanks so much
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i totally agree with you..
I would be happy if you share the files with us.
This is the template that I assembled that I will be using to scalp with as soon as I can find the resources. I will not be making this one public. I present it only to prove that I am not poor because I'm stupid.
My problem was building all of my future on the belief that someone would do to me as I've done for others. We'll, such a "someone" simply could not be found & I now firmly believe that such a "someone" does not exist.
When I become rich (AND I WILL!!!) I will no longer give to the poor. Instead I will show those with potential how to become rich like someone at the mature age like myself did. It is never too late & there is never the need to give up as a final choice.
Twenty four years ago I have been instructed to (amongst many other things) train 122 teams of evangelists & equip each team with a new Combi Caravelle Syncro with a sound trailer and all the necessary musical equipment. I have been waiting patiently for the sponsor to make all of this possible just like I waited in vain for a sponsor to send us to Africa whilst we spent EVERY weekend in the squatter camps in South Africa evangelizing, feeding & clothing the needy out of my own salary. I have now given up on that - we have become the needy ourselves for many, many years, moving around afoot a full year for every vehicle we gave away & we gave away a few...
As a last resort, I blew myself away by meditating on the song by Super Tramp "Listen to me please". Although it exited me tremendously initially, I eventually even had to give up on that hope in the end as well. Waiting so many years for a dream to come true in a state of absolute lack took it's toll on me & also on my beautiful wife.
My very last attempt at this would be to finance everything out of my own trading income should I be able to secure the recourses to start with.
This is the template that I assembled that I will be using to scalp with as soon as I can find the resources. I will not be making this one public. I present it only to prove that I am not poor because I'm stupid. My problem was building all of my future on the belief that someone would do to me as I've done for others. We'll, such a "someone" simply could not be found & I now firmly believe that such a "someone" does not exist. When I become rich (AND I WILL!!!) I will no longer give to the poor. Instead I will show those with potential how to...
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Hello, can you please explain the procedure of entering the transaction with this system I would be grateful if you would step it up
