Easy and profitable IB Scalping

Hi

First of all I would like to say that I have been demo trading DIBS method for several months. (http://www.forexfactory.com/showthread.php?t=86766)
I really like this system but wanted to create something that fits perfectly with my trading style.

So I came up with 5min IB Scalping. I've visually backtested it and traded it using demo account for awhile and the results are really good.
I'm targeting 10-20 pips per day so about 300-600 pips a month.

You only need one indicator StochHistogram.

The rules for entering are that first of all you look at 6 gmt candle and then if stoch agrees and you see an IB, the candle is above or below our 6 gmt open you take the trade.

It really is like trading DIBS but only shorter timeframe and one added indicator.

Would you mind telling the performance, such as, winning rate, monthly profit, etc. of your system after you have forward tested it. Many thanks!

Don't take this the wrong way but why wouldn't you do this yourself? I see this all the time on FF. Somebody comes in posts a system and inevitably someone asks about the performance.

Again, I am not trying to be mean but if you ever expect to make it then you need to quit relying on what others say works and find out for yourself.


I guess the next question is going to be...."Has anyone made an EA for it yet?"


BTW: to the original poster, congrats on finding a system you can work with. I hope you have many green pips from it.

HAS ANYONE MADE AN EA FOR IT ?

sorry magnum, simply couldnt resist

and i agree

mp

Thanks magnumfreak,

I haven't thought of this, but good question - ...."Has anyone made an EA for it yet?"

Clearly, you are much more experienced than I here in FF.

abc

Hi MKK.

Perhaps you already have but just in case...

Would you be willing to research the difference in Trades if you changed the Stohs From 14:3:3 To 12:3:3?