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M1 Countertrend Scalping Strategy

  • #14,861
  • May 2, 2025 4:50am May 2, 2025 4:50am
M1 XAGUSD - trend continuation scalp!

ema's act as support/resistance during a strong trend and will break the previous extreme when they do so!
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every minute matters!
  • #14,862
  • May 2, 2025 5:08am May 2, 2025 5:08am
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  • #14,863
  • May 2, 2025 5:36am May 2, 2025 5:36am
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  • #14,864
  • May 2, 2025 5:40am May 2, 2025 5:40am
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  • #14,865
  • May 2, 2025 7:10am May 2, 2025 7:10am
Quoting niks
M1 XAGUSD - trend continuation scalp! ema's act as support/resistance during a strong trend and will break the previous extreme when they do so! {image}
this is the way im having better results
  • #14,866
  • May 2, 2025 12:04pm May 2, 2025 12:04pm
MT5 anyone?
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Leave the Gun, Take the Armani
  • #14,867
  • May 3, 2025 1:29pm May 3, 2025 1:29pm
Quoting cliffjaded
MT5 anyone? {image}
yes please
  • #14,868
  • May 3, 2025 2:49pm May 3, 2025 2:49pm
Trading is not a real job to me it's a game. On the outside it looks like clicking a few buttons and making/losing money, to me that's what it is. it's not real, it's a game.
So I NEVER rely on trading as the main source of income I'll always have other forms of consistent monthly/weekly/daily/yearly cashflow system that I can rely on for my "required" expenses and look at trading as some type of reward on the side by being a good player. Even if 99% of the money comes from trading I wouldn't still consider trading my only job and my main source of income I'll try to have other consistent "real world" cash flow systems that I know if one day I woke up and I couldn't trade for whatever reason I can still survive and not to have to worry about not being able to live without trading. Because trading is just a game to me.
  • #14,869
  • May 4, 2025 12:36pm May 4, 2025 12:36pm
Quoting Mr.Moe
{quote} yes please
I'm done porting it to MT5. I just gotta wait for market open to test on real ticks to iron out some bugs. Thought I could test it on BTC/USD. Let's see later.
Leave the Gun, Take the Armani
  • #14,870
  • May 4, 2025 12:36pm May 4, 2025 12:36pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting cliffjaded
MT5 anyone? {image}
Hi, cliffjaded

Will you please share that DISTANCE indicator (MT4)?

Thanks in advance.
  • #14,871
  • May 4, 2025 12:41pm May 4, 2025 12:41pm
Quoting cliffjaded
Alright, I've been screwing with this for a whole day straight (at the office because I have absolutely nothing to do). Distance from MA v1.3 Press "1" to create Horizontal Line in the sub-window. Press "o" to toggle Object Descriptions. Press "i" to toggle alert for selected Horizontal Line. When the Distance (Pips from MA) reaches the line, an alert is triggered and cleared. Alerts are 4 types Push Popup Sound Bold (Line turns bold - cleared when you toggle alert again) Next update will include the deviation channel and price swing pip values....
Lolx. All you had to do was check the previous page or click on the paperclip icon at the top of the thread. The latest is v1.3. I've quoted the post for you. Please do your due research if you're going to use it in live trading. Distance from MA is just a metric of Price and a Moving Average. Nothing magical.
Leave the Gun, Take the Armani
  • #14,872
  • May 5, 2025 12:23am May 5, 2025 12:23am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting cliffjaded
{quote} Lolx. All you had to do was check the previous page or click on the paperclip icon at the top of the thread. The latest is v1.3. I've quoted the post for you. Please do your due research if you're going to use it in live trading. Distance from MA is just a metric of Price and a Moving Average. Nothing magical.
Thank you so much, cliffjaded...
  • #14,873
  • May 5, 2025 12:36am May 5, 2025 12:36am
Quoting cliffjaded
{quote} I'm done porting it to MT5. I just gotta wait for market open to test on real ticks to iron out some bugs. Thought I could test it on BTC/USD. Let's see later.
Thanks so much. MT5 more convenient for me
  • #14,874
  • May 5, 2025 5:42am May 5, 2025 5:42am
Quoting juceoma
{quote} this is the way im having better results
it is a lot more reliable than mean reversion and still technically a countertrend if you wait for a pullback!

M1 XAUUSD
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every minute matters!
  • #14,875
  • May 5, 2025 5:50am May 5, 2025 5:50am
Quoting niks
{quote} it is a lot more reliable than mean reversion and still technically a countertrend if you wait for a pullback! M1 XAUUSD {image} {image} {image}
I strongly agree and by going in favor of a greater trend you can have large profits

i will show some of my trades today
  • #14,876
  • May 5, 2025 5:55am May 5, 2025 5:55am
Quoting juceoma
{quote} I strongly agree and by going in favor of a greater trend you can have large profits i will show some of my trades today
look forward to it!

M1 XAUUSD
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every minute matters!
  • #14,877
  • May 5, 2025 5:57am May 5, 2025 5:57am
Quoting niks
{quote} look forward to it! M1 XAUUSD {image}
But are you accumulating positions against it? Or do you only put 1 operation?
  • #14,878
  • May 5, 2025 6:05am May 5, 2025 6:05am
Quoting juceoma
{quote} But are you accumulating positions against it? Or do you only put 1 operation?
yes, if the pullback runs deeper than expected and breaks the ema support or resistance, then it becomes a mean reversion trade and i will start to cost average down, i will very rarely cost average up adding to winning positions
every minute matters!
  • #14,879
  • May 5, 2025 6:41am May 5, 2025 6:41am
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I haven't come this far to only come this far !
  • #14,880
  • May 5, 2025 7:09am May 5, 2025 7:09am
Quoting Amiraven
{image}
timing entries and exit to perfection, always great to see amiraven!
every minute matters!
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