M1 Countertrend Scalping Strategy

Many thanks gringo...... I suppose its set to default right?

Yes, except color choices..

Yes but I found out to completely match a normal 200 EMA you also have to set the MAMethod to 1 to get it to match completely. Or do you not need to do this?

ahhhhhh.. thank you gringo...... I thought something didn't look right, I'll try these settings you have shown now.. many thanks

We will go over all Indicators next week...

I followed all the settings but why does it seem on your H1 Gold chart the ema is so much smoother. If you look at my screen print my ema has a bit of noise and cuts in between.. yours doesnt have the small colour changes I get... am i missing something.

CM-PunkFX

2 reasons, EMA shows more noise and LWMA is tighter, and the Market is closed for Gold. The System is out of data, use Bitcoin or something that is open now and compare.

Thank you gringo..... I'm practicing with this layout now... I enter as the candle goes through the ema and only when its the same colour as my direction. One thing about the exit. lets say I'm in a buy trade and it goes up, then the candles hit the 200 EMA I should be closing at this point as that's the rules. However what if the ema colour still hasn't turned red yet?... do I stay in until the ema colour changes to red or close the trade immediately as it passes through the ema. And do you actually use the arrow indicator for exits other than the last high and low.

I'm also trying to copy KOF idea of continuing to add positions by using your HH LL indicator.. although I can't see how KOF profits from this way.... as it can result in a big lost each time. Some of the positions added also seem wasted as when you close from the ema 200 some of those positions you added turn into loses.

CM-PunkFX,

All Indicators either; 1) Repaint 2) Lag (Moving Averages Lag / Delay as they need Data).
HH LL Indicator was only to show the highs and lows of Price and then a comparison to the 200 MA Line, we shall not be using this Indicator next week.
KoF Video 2 tells the trader to open a trade at the MA Line and then open with small gaps a few more trades on the big Trends only.
I will go over all of this next week, its the weekend my man... Go party.

yes your right have a nice weekend brother.