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my new, Extremely simple, 2 indicator scalping/5min method

  • #21
  • Jun 29, 2008 9:57pm Jun 29, 2008 9:57pm
i visually backchecked my system using other pairs today, and i found that eur/usd is the best for it, on every other pair i checked there was massive amounts of whipsaws.

if you are trying this system makesure you use the 5min eur/usd

because other timeframes will negate the reason of using the .0002 lines.

and i reccomend using the macd i posted on my frist post, with the lines colour set to none
  • #22
  • Jun 30, 2008 3:07am Jun 30, 2008 3:07am
Hi Nik,

May I ask, referring to the attached,

a. do u consider to buy when the zls cross followed by macd crossover zero and become +ve?

b. Is this a valid buy ? (at the opening of the red candle, circled) got stopped out...

thx
Attached Image (click to enlarge)
Click to Enlarge Name: eu_1.jpg Size: 250 KB
  • #23
  • Jun 30, 2008 10:22am Jun 30, 2008 10:22am
hi lefteye. both trades in the example you posted are correct trades. makesure you are using the macd that i posted, i realized that the other macd's are not the same as mine, and you HAVE TO use the traditional macd i posted. mabye i willl repost my template



P.S today is a gooday so far io have 36 pips and its 11 in the morning i will post the chart later





P.S. HERE IS THE OFFICAL TEMPLATE AS OF JUN 30/08
Attached File(s)
File Type: tpl 5min zerolag template.tpl   52 KB | 1,300 downloads
  • #24
  • Jun 30, 2008 10:24am Jun 30, 2008 10:24am
HOWCome i can only edit my posts on the second page, not the first?
  • #25
  • Jun 30, 2008 10:34pm Jun 30, 2008 10:34pm
here is the chart of day 3.

todays total was 36 pips profit.
Attached Image (click to enlarge)
Click to Enlarge Name: my no lag stochastic scalping system DAY 3.jpg Size: 139 KB
  • #26
  • Jul 1, 2008 4:17am Jul 1, 2008 4:17am
Quoting nikolaou
hi lefteye. both trades in the example you posted are correct trades. makesure you are using the macd that i posted, i realized that the other macd's are not the same as mine, and you HAVE TO use the traditional macd i posted. mabye i willl repost my template....
Thanks for reminding, I'm using the one that u provided.

How's yr trade going? I'm still learning from u...:nerd:
  • #27
  • Jul 1, 2008 4:32am Jul 1, 2008 4:32am
it is doing good. i just woke up now (5am) to start trading.

i am glad you are learning mysystem and i wish you millions of pips.

good luck.

nik
  • #28
  • Jul 2, 2008 4:07am Jul 2, 2008 4:07am
i endup up with +11 pips yesterday and sofar thismorning i have 11 already and its only 5:07
  • #29
  • Jul 3, 2008 12:11am Jul 3, 2008 12:11am
Hi

I am new here and I have trade only 3 months every kind of help is good for me, can yu give me advice how and were to start to learn i learned only momentum.
I would like to learn fibo and......
And one more ques. I wait EUR/JPY to fall down about 400 pips can you give me predictions will it hapen.
Thank you.
  • #30
  • Jul 3, 2008 12:28am Jul 3, 2008 12:28am
Quoting lefteye
Hi Nik,
U've tried the G/J scalping by 'Imran Sait', right? How did u find it, pls comment? Recently, someone claimed it's scam, really?
Imram, helped lot of ppl by sharing his method!!!
He is not obligated to share in the forum,.,,,


sonic
  • #31
  • Jul 3, 2008 3:41am Jul 3, 2008 3:41am
Quoting sinisabrkic
Hi

I am new here and I have trade only 3 months every kind of help is good for me, can yu give me advice how and were to start to learn i learned only momentum.
I would like to learn fibo and......
And one more ques. I wait EUR/JPY to fall down about 400 pips can you give me predictions will it hapen.
Thank you.

dont post your useless crap in my thread.

gtfo you are obvously a troll.

p.s

if you are new by system is perfect for you.

go to first post in this thread and near the bottom of the second page i posted my template. download that, and the indicoators in the frist post, and then u are set. just read the rest of the first post for the rules, and throughout the whole thread i have posted charts to help you learn the system
  • #32
  • Jul 3, 2008 4:34am Jul 3, 2008 4:34am
Hello Nik, thanks for posting your effort and starting this thread. I have made 4 good trades this morning so far. To aid me i have introduced bollinger bands to see the trade as it developes and give me some idea for a good exit. Check my chart for the effort. Cheers again Dean.
Attached Image (click to enlarge)
Click to Enlarge Name: scalper.jpg Size: 196 KB
  • #33
  • Jul 3, 2008 4:55am Jul 3, 2008 4:55am
12:45 and 13:30 GMT 4 Major announcements for Eur and Usd.
Suggest do not make entry from 12:30 untill 14:00 Gmt.
  • #34
  • Jul 3, 2008 5:52am Jul 3, 2008 5:52am
Buy signal generated! combination bollinger bottleneck breakout and Nik's system.
See where it takes me!!
Attached Image (click to enlarge)
Click to Enlarge Name: scalper.jpg Size: 192 KB
  • #35
  • Jul 3, 2008 6:20am Jul 3, 2008 6:20am
5 pips out of this trade!
Though could of been more if i entered 5mins earlier!
Attached Image (click to enlarge)
Click to Enlarge Name: scalper.jpg Size: 163 KB
  • #36
  • Jul 3, 2008 9:27am Jul 3, 2008 9:27am
Quoting Jaded Inc
5 pips out of this trade!
Though could of been more if i entered 5mins earlier!
Hi Mr Dean,

Correct me if I'm wrong, I don't think u r using the 'macd traditional2.ex4' that Nik providing.

U may hv some good trades but your signal look different thanmin...

Nik,
Would u mind posting some of yr win/lose trades so we could understand better...
  • #37
  • Jul 3, 2008 10:11am Jul 3, 2008 10:11am
Quoting lefteye
Hi Mr Dean,

Correct me if I'm wrong, I don't think u r using the 'macd traditional2.ex4' that Nik providing.

U may hv some good trades but your signal look different thanmin...

Nik,
Would u mind posting some of yr win/lose trades so we could understand better...
I downloaded this one from Nik's post and only one traditional macd in my custom indicators. I have broadened the lines and changed the colours so when posting its much clearer. if not re check your input values as per original post.. hope this helps.
  • #38
  • Jul 3, 2008 11:12am Jul 3, 2008 11:12am
5.00pm Gmt and time for a break.
Took 6 scalps of this stratergy today. Not bad for a beginning. Hopefully this is not your time zone Nik and you read all about this the next time your on. Its been a bit lonely here by myself today..lol.

Back tomorrow 6 or 7 am Gmt.
  • #39
  • Jul 4, 2008 2:58am Jul 4, 2008 2:58am
Morning to all! just done my first trade of the day for 8 pips...shall post chart in a few minutes...
  • #40
  • Jul 4, 2008 3:02am Jul 4, 2008 3:02am
Chart!
Only managed 8 pips from this due to whipsaw should of been 14 or 15 London opening caused the effect.
Attached Image (click to enlarge)
Click to Enlarge Name: scalper0407.1.jpg Size: 143 KB
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