M1 Countertrend Scalping Strategy

M1 BTCUSD

Learn to lose first. 1%.

Do you have MT5 version?

We only see what you want us to see.

For a few days there it looked like you were finally gone for good. But you're back! Posting the same old sh*t as ever.

Two days result .....so far,so good..... And one month result ..

Hello friends, I hope M1 Counter-trend trading is serving you well.

I just wrote a Distance to MA indicator. Honestly, it's nothing to fancy as you can do this with MACD - Set Fast EMA = 1 and Slow EMA = choice of MA. Turn the signal line colour to none and you get the same histogram. The only difference is I've coded the distance the reflect in points.

I made this indicator to do some objective studies on mean reversion. I plan to add more functions like alerts, exporting to csv. Hope it helps someone. Let me if there's a certain function you require and I see if I can improve upon it. But subject to my availability and interest

hi cliffjaded, good to see you back! hope all is well and thanks for the contribution... i had this idea about distance to ma i posted a while back...

distance to ema is clearly visible, using a long term average number of pips from swing high or low back to ema200 as a signal might be more useful, i don't know, just a thought...