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Attachments: Doske Scalping System
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Doske Scalping System

  • #121
  • Aug 4, 2008 6:03pm Aug 4, 2008 6:03pm
Used it on the 5 min today. Caught 50 pips on the GBP and 12 on EJ during the US session. I find that the 5 min gives me a little more time to examine a trade. It seems like there are so many signals on the one minute that I can't look at them all further. Looks good, though.
Life is too short to have anything but delusional notions about yourself.
  • #122
  • Edited 7:20pm Aug 4, 2008 7:09pm | Edited 7:20pm
Quoting pug123
Hello Piters!

Thank you for your strategy. I've started using it on demo account and had some bad trades. Below is one of them. Could you explain how could I possibly avoid that?
BY your chart I''ll say you should enter @ 107.66 and exit @ 107.68 when QQE60 crosses. Now If you trade with ECN broker, then you are having a winner, if you are trading with retail broker then you are @ BE EQUAL or minus 1 or 2 pips.. Next time before enter in trade, look what you have next to you. The price bounces from Weekly Pivot point and next one is Daily Ressistance 1. SO even in thes case, the system is giving you very quick entry, and very wuick exit (you exit when QQE60 cross over). Even if you are having some bad or negative trades it is not end of the world. you got other ones who are impulsive and gives you much more PIPS. The best point is that QQE is quick, and is saving you from big downdrowns.

Also watch the market, dance with, if you are noticing that tha market is litlle bit choppy, stay away, dont trade. As I mentined before, best time to trade is whe market opens, Frank/Lond and Ny/NYSE.
  • #123
  • Aug 4, 2008 7:10pm Aug 4, 2008 7:10pm
Quoting hoss
Used it on the 5 min today. Caught 50 pips on the GBP and 12 on EJ during the US session. I find that the 5 min gives me a little more time to examine a trade. It seems like there are so many signals on the one minute that I can't look at them all further. Looks good, though.
you can use the system with any TF, it is not limited to 1min only.. there are a very good results with 5min, and 15 min as welll. Adjust the system by your needs and style..

BEst regards//
  • #124
  • Aug 4, 2008 7:36pm Aug 4, 2008 7:36pm
Quoting Piters
you can use the system with any TF, it is not limited to 1min only.. there are a very good results with 5min, and 15 min as welll. Adjust the system by your needs and style..

BEst regards//
Cool. Thanks. Are you looking at anything else before you trade, like higher timeframes, or are you just taking trades based on your original rules on one timeframe?
Life is too short to have anything but delusional notions about yourself.
  • #125
  • Aug 5, 2008 3:30am Aug 5, 2008 3:30am
Quoting Piters
Also watch the market, dance with, if you are noticing that tha market is litlle bit choppy, stay away, dont trade. As I mentined before, best time to trade is whe market opens, Frank/Lond and Ny/NYSE.

Thank you Piters for your detailed response. I really like very much your method and if you don't mind I'll post some trades again in order to get your valuable comments.
Sooner or later, those who win are those who think they can.
  • #126
  • Aug 27, 2008 11:29am Aug 27, 2008 11:29am
Quoting hoss
Cool. Thanks. Are you looking at anything else before you trade, like higher timeframes, or are you just taking trades based on your original rules on one timeframe?
Hoss,

Nice to see u here..
Still trading kantor method??

sonic
  • #127
  • Aug 31, 2008 10:55am Aug 31, 2008 10:55am
Hi thanks for sharing your great strategy. A couple of questions:

  1. While I realize there may fewer opportunities outside of the London Opening to mid NY sessions -- do you thing that setups meeting your entry criteria will be just as valid?
  2. Over the time you've been trading this method, what has your win/loss ratio been?

Thanks!


Quoting Piters
one minute, my friend.. I trade form London Opening till mid NY session. usually if market is alive, we can get 5-10 setups/pair.. sometimes 2-3 if the market is slow..
  • #128
  • Aug 31, 2008 11:59am Aug 31, 2008 11:59am
Try this:

Replace Waddah Attar Explosion with MA-Angle. I'm not sure what the parameters should be yet, but I'm open to ideas.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-FILTER.jpg Size: 145 KB
Attached File(s)
File Type: mq4 MA_AngleZeroSigMA.mq4   6 KB | 918 downloads
  • #129
  • Sep 4, 2008 9:00pm Sep 4, 2008 9:00pm
Thanks for sharing this Piters. I'm also interested the answers to the two questions majorbillion posed above, particularly the 2nd

Best regards,
MerlinB
  • #130
  • Sep 4, 2008 9:59pm Sep 4, 2008 9:59pm
did EAprogrammer ever manage to finish the EA? Still working on it, hopefully?

Still, as-is, looks to be a profitable way to soak up a few pips which is always a pleasure to do.
  • #131
  • Sep 4, 2008 11:02pm Sep 4, 2008 11:02pm
I think soaking up pips should be boring. You win some, you lose some, but the market always decided.

Quoting MerlinBrasil
Still, as-is, looks to be a profitable way to soak up a few pips which is always a pleasure to do.
  • #132
  • Sep 5, 2008 12:44pm Sep 5, 2008 12:44pm
Piters just wanted to say that this is the best configuration that I have proven.
And combined with some more indicator that I like, I'm super comfortable with the strategy 1TF, in 4 days got 550pips and 2 minimal loss!
I like I like!
  • #133
  • Sep 5, 2008 12:46pm Sep 5, 2008 12:46pm
Quoting ninpojutsu
Piters just wanted to say that this is the best configuration that I have proven.
And combined with some more indicator that I like, I'm super comfortable with the strategy 1TF, in 4 days got 550pips and 2 minimal loss!
I like I like!
what other indicators do you use ?
  • #134
  • Sep 6, 2008 1:13pm Sep 6, 2008 1:13pm
Quoting ninpojutsu
Piters just wanted to say that this is the best configuration that I have proven.
And combined with some more indicator that I like, I'm super comfortable with the strategy 1TF, in 4 days got 550pips and 2 minimal loss!
I like I like!
Did you trade on live account. I guess you mean the settings given in the first post is the best configuration. Kindly let us know if you use different settings.
  • #135
  • Sep 7, 2008 3:14am Sep 7, 2008 3:14am
Quoting majorbillion
Hi thanks for sharing your great strategy. A couple of questions:

  1. While I realize there may fewer opportunities outside of the London Opening to mid NY sessions -- do you thing that setups meeting your entry criteria will be just as valid?
  2. Over the time you've been trading this method, what has your win/loss ratio been?

Thanks!

I am using this system with all improovements for few months. So Far it is very profitable for me, I switch on futures, specially on OIL, and YM (dow Jones), - works perfectly..

It is a scalping method, and it is very difficult to keep a track record, or goes after all. I am making at least 30 trades /day, some days I trade 50, or more..

I am posting my system here, but not only whith a reason to show you How I trade, but also there is opportunity for other traders, to IMPROOVE this system and make the system much more profitabe.

2 things are very important here:

1. SCREENING TIME: (time spend in a front of your monitors- market)
2. MINDSET: mean noone system is bullet proof, if you are running (cheating) yourself or system. I am sure that if we can have a 100 traders running this system still we are going to have the same ratio 20/80 (win/lose)

Question: why this system: hm, look, if you spend a quite time with , and give a try, you can notice that when you are in BAD position, your losses are limited, (see QQE 60 crossing is very quick) - BUT, BUT, BUT... if you are in BAD position: NEVER, EVER TRADE OPPOSITE YOUR QQE60... don''t hope, that the market will turn back..

P.S. with the reason to improove this system, I am chalenging anyone who can post here a chart, with BIG losses.. (that is the best way to eliminate furter losses, and filetr the BAD trades)
  • #136
  • Sep 7, 2008 3:20am Sep 7, 2008 3:20am
exactly the same as the first one, but I have one more indicator:

CCI smoother, or CCI of 72, with MA 50 of CCI 72.. huh.. complicated.? not realy. Just download the indicator, and the template file.. and test the new one in next month or so...

we are using the same indicators as the first version:

QQE5,
QQE60.
Stoch Histogram (which you can download from the first post of this thread)

I''ll post few charts after this..
Attached File(s)
File Type: mq4 CCI_MA_Smoothed.mq4   7 KB | 2,778 downloads
File Type: tpl doske scalping2.tpl   25 KB | 2,649 downloads
  • #137
  • Sep 7, 2008 3:25am Sep 7, 2008 3:25am
ENTRY as usual, + first exit on CCI72 turning under the 50EMA (much quicker signal. saving you a few pips more then QQE60)



http://www.doske.com/Charts/mt18.gif
  • #138
  • Sep 7, 2008 3:29am Sep 7, 2008 3:29am
You can see the difference..

http://www.doske.com/Charts/mt20.gif
  • #139
  • Sep 7, 2008 3:37am Sep 7, 2008 3:37am
Guys, don''t trade when the market is Flat... place another indicator (BB) and expect the Breakout.. Usually the first Breakout is FALSE, and the next one (real) is on the opposite side..

But, to have an idea when , or how to trade, You realy need a 1. screening time and 2. Mindset {in other words Experiance.. Hour and hour spent on your Trade platform..}

Just to show you some cases:

http://www.doske.com/Charts/mt19.gif
  • #140
  • Sep 7, 2008 3:39am Sep 7, 2008 3:39am
The Breakout, false, and then, the NEW TREND

http://www.doske.com/Charts/mt21.gif
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