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Linuxtroll Simple Scalping

  • #761
  • Aug 29, 2007 3:03pm Aug 29, 2007 3:03pm
Quoting J2FcM
I am unfamiliar with a lot of this terminology.

Are scripts like pre-made shortcuts, or are they something I must program...

do your scripts have automatic equations for setting stops?
Sound like you need to make a script and bind to hot key.
these are the scripts to buy and sell
Attached File(s)
File Type: mq4 1-Click Buy Order.mq4   < 1 KB | 771 downloads
File Type: mq4 1-Click Sell Order.mq4   < 1 KB | 746 downloads
  • #762
  • Aug 29, 2007 3:33pm Aug 29, 2007 3:33pm
If anyone is interested, my thread will be documenting my experience with rainbows(good,bad, and oh so ugly) That's in the Journal Factory so as not to clog linuxtroll's pristine thread with my noise
  • #763
  • Aug 29, 2007 4:03pm Aug 29, 2007 4:03pm
One of my side trade in very low unit to show the power of Rainbow using Oanda FxTrade; while I was scalping that move with ECN... Rainbow will capture such big moves everyday... 218 pips and more today...

http://img49.imageshack.us/img49/2133/eurjpylv2.png
  • #764
  • Aug 29, 2007 4:11pm Aug 29, 2007 4:11pm
Quoting kharvell
Oh italianfx,

This is a speech I have heard many a time in my 2 years of trading. Hopefully some newbie will read it and take notice, but it is advice already enscribed in my trading bible.

When I say more pips, I mean this all pips being equal. I will still use the same risk(10 pips, same pip values), at a 1-minute chart. With this being said, more pips does equal more money. The moves on the 1-min charts are greater, and I earn more pips. I do like getting in and out using 5-second chart, and haven't discounted the idea by any standard; just experimenting. I believe Linuxtroll intended this method for all timeframes when he first started anyway.

The bottom line, THANK YOU LINUXTROLL FOR MY 20% ACCOUNT INCREASE IN THE LAST 3 DAYS(sunday-today) I will buy you a couch or something very soooooon.......
LoL
  • #765
  • Aug 29, 2007 4:18pm Aug 29, 2007 4:18pm
Quoting ycomp
PNG (it's a bitmap file type)... anyhow I guess on this site the JPEGs are small and PNGs and GIFs are big. Someone correct me if I'm wrong. Well I guess technically JPEG is also a bitmap but it's lossy (blurry).
jpg is good for pictures; not good if the picture has text on it etc... png is good here...
  • #766
  • Aug 29, 2007 4:24pm Aug 29, 2007 4:24pm
Quoting MasterBlaster
LT,

I did some research and found some of your earlier threads. In some of these previous threads you mentioned you were using or had tried out the CCI(14) and SHI_SilverTrend indicators as filters. Are these earlier iterations of your system that you no longer use? Do you still use these filters on the longer timeframes (1hour)? Just curious.

Needless endorsement: I really like the system and use some price S/R lines in addition to H/V lines to aid in my trade decisions. Highly recommended, 5 stars.

Looking forward to seeing Cyrox MMA site running on all cylinders.

Cheers
Thanks MasterBlaster... You do not need CCI... People who know CCI can use it to support the entry/exit to make more pips... Same goes to Williams %R...
I only use Rainbow (Cyrox MMA)...
  • #767
  • Aug 29, 2007 4:27pm Aug 29, 2007 4:27pm
Quoting kharvell
If anyone is interested, my thread will be documenting my experience with rainbows(good,bad, and oh so ugly) That's in the Journal Factory so as not to clog linuxtroll's pristine thread with my noise
Way to go... Charge on...
  • #768
  • Aug 29, 2007 4:59pm Aug 29, 2007 4:59pm
awesome thread!!! made pips all day long yesterday...of course after many hours of screen time and learning from mistakes on demo.

question: does anybody know how to add the rainbow on Oanda? i'm using metatrader but would like the 5 sec timeframes.
Let Go and Be Aware. See the Genius in Everybody. Live Beauty.
  • #769
  • Aug 29, 2007 5:02pm Aug 29, 2007 5:02pm
got it..."add study"
Let Go and Be Aware. See the Genius in Everybody. Live Beauty.
  • #770
  • Aug 29, 2007 5:17pm Aug 29, 2007 5:17pm
Quoting hu-man
awesome thread!!! made pips all day long yesterday...of course after many hours of screen time and learning from mistakes on demo.

question: does anybody know how to add the rainbow on Oanda? i'm using metatrader but would like the 5 sec timeframes.
Much easier than MT4... Just add WMAs one by one... give the color... setup the zoom level in 5 sec or 1 min... save the layout...
  • #771
  • Aug 29, 2007 5:19pm Aug 29, 2007 5:19pm
Sorry to take a step backwards, but what does CCI stand for. Is it a indicator?
  • #772
  • Aug 29, 2007 5:21pm Aug 29, 2007 5:21pm
Quoting fxstman
Sorry to take a step backwards, but what does CCI stand for. Is it a indicator?
Spend a few months here... LoL
  • #773
  • Aug 29, 2007 5:23pm Aug 29, 2007 5:23pm
THx Linux...I will have to buy you something as well in the future since my trading has increased successfully learning your method!

i noticed on your previous posts that the rainbow chart you have looks like it has more than 24 wma lines? are you using intervals of 6 - 144?

Thanks again so much for sharing this incredible information!
Let Go and Be Aware. See the Genius in Everybody. Live Beauty.
  • #774
  • Aug 29, 2007 5:27pm Aug 29, 2007 5:27pm
Quoting linuxtroll
Spend a few months here... LoL
Sounds like I'd like to. Glad to hear that trading is going good for you all. I'd love to learn about this way of trading.

GLT
  • #775
  • Aug 29, 2007 5:46pm Aug 29, 2007 5:46pm
Hi LT, will the e-book be for sale. If so I have paid for it already.
If the price I paid has changed my accountant will settle the difference.
Excellent Thread.
  • #776
  • Aug 30, 2007 2:15am Aug 30, 2007 2:15am
can someone pls tell me if experienced this problem with efx: can not close order, order reject, destination not connected? (demo account)
  • #777
  • Aug 30, 2007 2:17am Aug 30, 2007 2:17am
Quoting bisar_x
can someone pls tell me if experienced this problem with efx: can not close order, order reject, destination not connected? (demo account)
read the EFX thread... demo is not always available for trading... i.e. sometimes has problems. It is explained there.
  • #778
  • Aug 30, 2007 2:21am Aug 30, 2007 2:21am
+50 pips profit scalping and cant close
  • #779
  • Aug 30, 2007 2:39am Aug 30, 2007 2:39am
Quoting kharvell
If anyone is interested, my thread will be documenting my experience with rainbows(good,bad, and oh so ugly) That's in the Journal Factory so as not to clog linuxtroll's pristine thread with my noise
Can't wait to read your thoughts!!!!!!!!!!!!!!!

Many thanks in advance!

SF
  • #780
  • Aug 30, 2007 2:51am Aug 30, 2007 2:51am
Hey guys, I have been testing this system for some time now and I just want to join the rest of the people here and say thank you to LinuxTroll For me it is always a problem to get into trade fast, but recently I came across this program http://www.vip-fx.com/forum/delphi-a...-scalping.html that will help a lot to execute your orders fast. The developer says that he just finishing it right now, but I can tell by the screenshot it looks really good
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