Powerful 1 Min Scalping System (Fx Prime) | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Woodies CCI with a 5 min scalping 50 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Scalping techniques on 1 Min chart 26 replies

15 min indicator on 5 min chart 3 replies

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

Powerful 1 Min Scalping System (Fx Prime)

  • #361
  • Oct 16, 2008 6:40am Oct 16, 2008 6:40am
Quoting artov
Thanks for your views so far Matt and CD. But if I look into my posted charts, they all show both the CCI 170 and CCI 34 lined up with eachother. Why isn't that a valid signal then?
please look at all the trade pictures I have put up... cci 34 needs to cross the 0 line and go in the direction of the cci 170 you exit when cci 34 crosses into the other direction
  • #362
  • Oct 16, 2008 6:46am Oct 16, 2008 6:46am
Hi DC and fellow FX Prime followers,

I don't normally try other people's trading systems (I find that it is easier for me to follow my own rules), but for some reason or another this peaked my interest.

Here is a trade I took this morning using this system, along with a little PA for support.

Happy trading everyone, and thanks to DC and others for their generosity.
Attached Image (click to enlarge)
Click to Enlarge Name: FX Prime Example.JPG Size: 322 KB
Visit my journal here.
  • #363
  • Oct 16, 2008 6:46am Oct 16, 2008 6:46am
Quoting Canadian_Dud
please look at all the trade pictures I have put up... cci 34 needs to cross the 0 line and go in the direction of the cci 170 you exit when cci 34 crosses into the other direction
Canadian Dud, i think he hasn't attached the Bollinger Squeeze x2, he is not using the Wcci indi.

Artov - attach another bollinger squeeze indi and set that to 170
  • #364
  • Oct 16, 2008 6:56am Oct 16, 2008 6:56am
Quoting Ronald Raygun
My EA does that!!!

Instructions:

 

  1. Set "SignalsOnly" to "True"
  2. Choose any combination of the three signals:

    1. Alerts
    2. PlaySound
    3. SignalMail

  3. The EA will then send signals to you however you want it

is it possible to use your alert , that you ahve attached in your last alert (FX_prime) in my default charts as Canadian_Dude has posted in hos first page?
Dont olike to missing up anytihng.


PS: I only need alerts.. no EA or automated trades....!!

Pleas show attached how mu charts lokking:

thanks a lot
Attached Image (click to enlarge)
Click to Enlarge Name: 20081016_134535.jpg Size: 207 KB
  • #365
  • Oct 16, 2008 7:00am Oct 16, 2008 7:00am
I took my 4th trade and now I waited for the CCI 34 to cross in the direction of the CCI 170 but got kicked out with -13.

Might be my fault but I would appreciate opinions.
Attached Image (click to enlarge)
Click to Enlarge Name: trade14.jpg Size: 118 KB
  • #366
  • Oct 16, 2008 7:15am Oct 16, 2008 7:15am
Quoting artov
I took my 4th trade and now I waited for the CCI 34 to cross in the direction of the CCI 170 but got kicked out with -13.

Might be my fault but I would appreciate opinions.

Artov,

Your candles are confusing me, they show up when they are suppose to be down and visa versa (LOL -mine is the otherway around). Can you zoom your chart in a bit ( i mean out, make it smaller), and post it again... or if someone else can tell from it, pls assist.
  • #367
  • Oct 16, 2008 7:16am Oct 16, 2008 7:16am
Artov,

CD will better be able to answer your question, but to me it looks like a failed signal. Core CPI is comeing out in 15 minutes, so price is most likely consolidating before the announcement. I would sit on the sidelines until after the news comes out.
Visit my journal here.
  • #368
  • Oct 16, 2008 7:17am Oct 16, 2008 7:17am
took last long signal +50 long. 1.3460 exit cci 34 cross.
Artov that is not a signal, t3 is exactly in the middle of 45 and 55
  • #369
  • Oct 16, 2008 7:19am Oct 16, 2008 7:19am
Quoting Rosscub
Artov,

CD will better be able to answer your question, but to me it looks like a failed signal. Core CPI is comeing out in 15 minutes, so price is most likely consolidating before the announcement. I would sit on the sidelines until after the news comes out.

EXACTLY sit out before major news... market is consolidating
  • #370
  • Oct 16, 2008 7:26am Oct 16, 2008 7:26am
HI CD, Could you please confirm what are the settings on T3 rsi are i.e

the RSI period 14 and T 3 period 14

or is the RSI period 14 and T3 period 8

or is the RSI period 8 and T3 period 8

Which of these is right.

With thanks

David-T
  • #371
  • Oct 16, 2008 7:27am Oct 16, 2008 7:27am
Quoting artov
I took my 4th trade and now I waited for the CCI 34 to cross in the direction of the CCI 170 but got kicked out with -13.

Might be my fault but I would appreciate opinions.

after another look, your cci 170 crossed the 0 line long time ago, it looks like you tried a re-entry on an older signal. When your cci 34 crossed down 0, that was the exit signal for the buy signal a couple of minutes before.
  • #372
  • Oct 16, 2008 7:29am Oct 16, 2008 7:29am
Quoting artov
I took my 4th trade and now I waited for the CCI 34 to cross in the direction of the CCI 170 but got kicked out with -13.

Might be my fault but I would appreciate opinions.
Art, I would say thats a valid signal, and watching it live I probably would've taken it. it was just one of those 20% (approx!) losers.

Matt
  • #373
  • Oct 16, 2008 7:31am Oct 16, 2008 7:31am
Artov,

here is what i mean:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1.gif Size: 21 KB
  • #374
  • Oct 16, 2008 7:39am Oct 16, 2008 7:39am
I don't get why you guys think that was a valid short signal.

I thought the rules said for a short trade the cci 170 has to be below the 0 line with the cci 34 crossing down over the 0 line. Looking at the chart you posted, the cci 170 was above 100.

So when the cci 170 is above 0 you need to be looking for when the cci34 crosses the 0 line pointing upward. Basically you are looking to enter on a pullback.

Anyway that is how I understood the rules.
  • #375
  • Oct 16, 2008 7:40am Oct 16, 2008 7:40am
image with the T3 Rsi
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1.gif Size: 22 KB
  • #376
  • Oct 16, 2008 7:40am Oct 16, 2008 7:40am
Quoting Jnita
after another look, your cci 170 crossed the 0 line long time ago, it looks like you tried a re-entry on an older signal. When your cci 34 crossed down 0, that was the exit signal for the buy signal a couple of minutes before.
Jnita, I don't agree with you. The 170 was still showing a pretty strong long signal and had been for a while, so re-entering after a retracement should be a valid signal, especially seeing as the 170 had been established for a while.

But then I'm not the author. It just goes to show that nothing is mechanical, and everything is discrtionary to a certain degree.

Matt
  • #377
  • Oct 16, 2008 7:46am Oct 16, 2008 7:46am
Quoting Pips Queak
Jnita, I don't agree with you. The 170 was still showing a pretty strong long signal and had been for a while, so re-entering after a retracement should be a valid signal, especially seeing as the 170 had been established for a while.

But then I'm not the author. It just goes to show that nothing is mechanical, and everything is discrtionary to a certain degree.

Matt
Like you say, preference... i would never re-enter this system, to risky.... but that is my preference.
  • #378
  • Oct 16, 2008 7:54am Oct 16, 2008 7:54am
Quoting Ronald Raygun
Done there is now a maximum of one signal per EA per bar.
Ron, I tried your EA and worked fine in the Asian Session. It sent signals alright and took trades. However, I couldn't change the trading times. I usually trade the USA session and it says: Outside Trading times. I tried to change the hours, but it still says the same. Is there a way to let it trade/signal at all times? I will not trade at all times, but just to let the option open.

Also, I set the EA to take 10 pips profit and 10 Stop Loss, but it enters again in the same Trend direction right after it takes the profit. Is there a way to code it that it just takes 1 trade per Trend direction?

Thanks Canadian Dud for the great system. I am still practicing/studying it, but I can say its great!!! Many Thanks for sharing it!
  • #379
  • Oct 16, 2008 7:56am Oct 16, 2008 7:56am
Art just to confirm again, that was not a signal, the t3 rsi was in the middle of the 45 and 55, that makes it not part of the system, not entry or re entry or nothing.

Right now a long signal at 1.3521 i am not going to take it with daily and weekly pivot in front of my nose if anyone takes it try to get pips when one of them gets hit and watch out the bounce
  • #380
  • Oct 16, 2008 8:06am Oct 16, 2008 8:06am
-15
+10
+10 eur/usd
2 traders viewing now