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Attachments: Powerful 1 Min Scalping System (Fx Prime)
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Powerful 1 Min Scalping System (Fx Prime)

  • #121
  • Oct 14, 2008 4:46am Oct 14, 2008 4:46am
Quoting revrobwimb
Hope nobody was trading during this mess...

A few signals might yield +10... but most of this was whipsaw reversals.

Ugly stuff... Be careful guys... discipline is always needed w/ any 1m system. So many scalpers are looking for a grail and can become way too mechanical w/ their entries. This system is a great pip machine but I believe you must guard your account w/ good money management and have an overall "feel" of how the market is reacting at the moment. A scalper w/out a news service would obviously stay away during news times, but the same could be said of this system during ranging and jerky price action. I'm sure I'm just preaching to the choir but you could lose a ton of pips just trading these signals at the wrong moment.... and you can make tons more w/ proper discernment.

revrobwimb
GREAT POST yes its true you really need to learn things like support and resistance and not JUST take trades based on the entry signals. If you get a signal and you are about 10 pips under the daily high and its telling you to go up..... Wait... very good post, and yes its unfortunate but sometimes this thing will be wrong... but when its right you always ride a nice wave...
  • #122
  • Oct 14, 2008 5:05am Oct 14, 2008 5:05am
Hey Thanks CD,

i will go into demo with your system very soon. i like the style of it.
also i think your right, no EA can beat the human insight of the markets.

keep up the good work and keep sharing everyone, there is enough of this pie for everyone :-)
  • #123
  • Oct 14, 2008 5:10am Oct 14, 2008 5:10am
Quoting tazmaniak
Hey Thanks CD,

i will go into demo with your system very soon. i like the style of it.
also i think your right, no EA can beat the human insight of the markets.

keep up the good work and keep sharing everyone, there is enough of this pie for everyone :-)

mmmmmmmmmmmm pie...
  • #124
  • Oct 14, 2008 5:45am Oct 14, 2008 5:45am
Quoting Canadian_Dud
Dont forget to only start trading at 5pm EST time

Look at that great entry at 5am est time its up by 30 pips!
Which time trade is true? 5pm EST or 3am EST? It's start to confuse me.
  • #125
  • Oct 14, 2008 5:47am Oct 14, 2008 5:47am
Quoting alpin
Which time trade is true? 5pm EST or 3am EST? It's start to confuse me.

SORRY JUST WOKE UP HERE LOL 5AM EST TIME TILL 11AM EST TIME
  • #126
  • Oct 14, 2008 6:19am Oct 14, 2008 6:19am
Thanks dude for the reply, and I have another question: if after we closed our position then the indicator show another entry position with the same direction would you take it?
[IMG]file:///C:/Program%20Files/FXDD%20-%20Live/templates/trade.gif[/IMG]
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 22 KB
  • #127
  • Oct 14, 2008 6:19am Oct 14, 2008 6:19am
Hi C D, I will like to say A BIG THANKS FOR SHARING THIS SYSTEM. Take or leave it, u gat a good system. God bless and pls continue your good work. Nerry.
  • #128
  • Oct 14, 2008 6:38am Oct 14, 2008 6:38am
What i think?
First u are simple enough.
I understood everything . Only 1 month in live trading. I will use it en get u d feedback....Mr generouse! God bless u.
  • #129
  • Oct 14, 2008 6:51am Oct 14, 2008 6:51am
Canadian Dud,

Can you please update your template in post #2? it shows only the Heiken A indi.

This is a good system (thanks!!) and this thread is going to pick up more as soon as word gets out today, so pls update for all the new-comers to the thread.

Thanks
J
  • #130
  • Oct 14, 2008 6:52am Oct 14, 2008 6:52am
thanks a lot dud for your system and yes it looks much better at 5 am, i took the long one for +64, could you please tell us how could be a very very bad day in this system?
  • #131
  • Oct 14, 2008 6:54am Oct 14, 2008 6:54am
Quoting Jnita
Canadian Dud,

Can you please update your template in post #2? it shows only the Heiken A indi.

This is a good system (thanks!!) and this thread is going to pick up more as soon as word gets out today, so pls update for all the new-comers to the thread.

Thanks
J
never mind, I see im also still asleep , since I did not restart mt4 - so obviously the indi's could not be "read" by the template.
  • #132
  • Oct 14, 2008 7:03am Oct 14, 2008 7:03am
Quoting Jnita
never mind, I see im also still asleep , since I did not restart mt4 - so obviously the indi's could not be "read" by the template.
HAVE FUN
  • #133
  • Edited 8:47am Oct 14, 2008 8:30am | Edited 8:47am
hi, now a short 1.3733, is going fine so far. exit at +15, now another short again 1.3715, lets see how it goes, one question dud, how many pips in average do you make with the system and how long have u been using it live?
  • #134
  • Oct 14, 2008 8:55am Oct 14, 2008 8:55am
Quoting blanca
hi, now a short 1.3733, is going fine so far. exit at +15, now another short again 1.3715, lets see how it goes, one question dud, how many pips in average do you make with the system and how long have u been using it live?

Good choice ... Means another +15pips.
  • #135
  • Oct 14, 2008 9:14am Oct 14, 2008 9:14am
Still working great for me; marked my entries with white line; still in last trade...alot of pips too.

Thanks CD!

Steve
Attached Image (click to enlarge)
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  • #136
  • Oct 14, 2008 9:38am Oct 14, 2008 9:38am
Quoting Canadian_Dud
Sure settings for T3 RSI ARE
RSI PERIOD 14
T3 PERIOD 8
T3 cultative 0.618

then go to imputs and add the 55 and 45 levels its all you need really.

Put the t3 to the color of your background you dont need it...

You could just use the regular RSI in metatrade add the rsi to 14 and add the 45-55 levels

Thanks
Roger
Hi, first of all, thanks for sharing the system. it looks great.

Just something to note and I'm not sure if this was discussed...

as I'm a programming geek cum nerd, I looked at the codes of the T3_RSI indicator and noticed the RSI is always using the T3_Period and not the RSI_Period as the input. so with the settings you provided, you're actually using RSI 8 and not RSI 14.

in other words, if anyone wants to use the MT4 default RSI indicator, please use 8, or your RSI might cause u to have a later entry (can be good or bad depending on the outcome of cos)

regards,
Zen
Programming for a better future.
  • #137
  • Oct 14, 2008 9:48am Oct 14, 2008 9:48am
short eurusd from 1.3715 to 1.3615, +100 hit already it might go lower but i closed it there, enough to cover previous losses of today, dud, are you trading live today, how is it going?
  • #138
  • Oct 14, 2008 10:17am Oct 14, 2008 10:17am
Nice Eu short; waited for it to test the Weekly R1 a few times and when it signaled with room to lockin break even I pounced...and won 70 pips; white lines show entry/exit.

Thanks so much CD!

Steve
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  • #139
  • Oct 14, 2008 11:47am Oct 14, 2008 11:47am
Hi guys, quick question... Do you wait the candle to close for a confirm EXIT signal?
Programming for a better future.
  • #140
  • Oct 14, 2008 12:10pm Oct 14, 2008 12:10pm
yes always confirm candle to finish for entry and exit too.
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