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

  • #1,261
  • Oct 29, 2008 3:56am Oct 29, 2008 3:56am
Quoting Rastaman
Could someone post all the current indicators as things do not seem to be current in the first post where it says, These are the indicators to use.

Either that or so many people have changed this system along the way, that it is hard to tell which is the original or even current system.

This is what I currently have.

http://img525.imageshack.us/img525/8...calpingfr0.jpg

i have the same as you and it should be the default. However peapel are using additional indicators so there charts seems be different...
  • #1,262
  • Edited 5:05am Oct 29, 2008 4:14am | Edited 5:05am
You're fine with the indicators you're showing. Although the Sidewinder isn't really needed and doesn't add anything of value.

But you might want to edit your 5M chart and get rid of those large green 'prices' in the upper right corner. For some reason they weren't removed when the template was posted. Just go to Charts/Object - delete everything there, then 'Save Template'.
  • #1,263
  • Oct 29, 2008 4:20am Oct 29, 2008 4:20am
I like the idea of scalping..

can anyone here tell me what is the average daily gain using this Prime Scalping?
  • #1,264
  • Oct 29, 2008 5:21am Oct 29, 2008 5:21am
Quoting eegle
I want to try and post this trade on the EURUSD. I think it will illustrate what
a perfect trade looks like-at least to me it is a perfect trade...I hope it helps someone..

Greg D
Hi Greg,
can you post the delta force momentum inidcator you are using?

Thanks!
Trading S/R with PA only. No indicators anymore!
  • #1,265
  • Oct 29, 2008 5:23am Oct 29, 2008 5:23am
Quoting Flamenco143
You're fine with the indicators you're showing. Although the Sidewinder isn't really needed and doesn't add anything of value.

But you might want to edit your 5M chart and get rid of those large green 'prices' in the upper right corner. For some reason they weren't removed when the template was posted. Just go to Charts/Object - delete everything there, then 'Save Template'.

Thanks folks, appreciated.

I deleted only the PRICE LABELS.
I take it that is what you meant when you said, "Delete Everything" and not literally, everything in the objects list?
Starting to see instead of just looking.
  • #1,266
  • Oct 29, 2008 5:33am Oct 29, 2008 5:33am
Quoting waterloo
Canadian we have loss entry. You say to entry CCI34 over 0 post CCI 170 over 0.
No success.
that is not a valid entry go see the video at the site in my signature!
  • #1,267
  • Oct 29, 2008 5:33am Oct 29, 2008 5:33am
Quoting Rastaman
Thanks folks, appreciated.

I deleted only the PRICE LABELS.
I take it that is what you meant when you said, \"Delete Everything\" and not literally, everything in the objects list?
That will work too! Good trading to you!
  • #1,268
  • Oct 29, 2008 5:52am Oct 29, 2008 5:52am
Quoting Canadian_Dude
that is not a valid entry go see the video at the site in my signature!

J think that this is valid entry. Ok Canadian?
Attached Image (click to enlarge)
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  • #1,269
  • Oct 29, 2008 6:24am Oct 29, 2008 6:24am
Quoting waterloo
J think that this is valid entry. Ok Canadian?
NOW YOUR TALKING GREAT TRADE!
  • #1,270
  • Oct 29, 2008 6:26am Oct 29, 2008 6:26am
Quoting Canadian_Dude
that is not a valid entry go see the video at the site in my signature!

I was going to mention this, but the video is almost impossible to view as it is dark and minuscule. Is there not a youtube video that we can full screen?
Starting to see instead of just looking.
  • #1,271
  • Oct 29, 2008 6:47am Oct 29, 2008 6:47am
hi all,

hope many of you did take the eur/usd signal at 08:30 GMT i.e. BUY ~@ 1.2695...

however, pls can you tell me if what I marked on the attached pic is a valid SELL signal ~@ 1.2827 which did prove to be a good if taken.

i guess it wouldn't be following the exact rules of this strategy.. but did anyone take that?

thx Pret
Attached Image (click to enlarge)
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  • #1,272
  • Oct 29, 2008 7:07am Oct 29, 2008 7:07am
Since there are differing views as to whether the chart posted in 1211 is a valid long entry, I'll post it here again for some further discussion.

Scenario 1 - There seems to be agreement that the 170 should establish the trend and the 34 would cross the zero line a bit later.

Scenario 2 - My point is when there is a fast move on a trend change, sometimes the 34 will lead the way. (see chart below)

Question - Should there be a more concrete set of rules as to when to accept a trade under scenario 2 - or should it simple be ignored as we can't expect to catch every single move a currency makes.

Great thread folks...keep it going!

Cheers
CanuckCT


Quoting Ronald Raygun
CCI34 needs to cross 0 in the direction of the CCI170 WHILE the CCI170 is long/short

In your case, the CCI34 crossed BEFORE the CCI170 was on the proper side, thus no trade.
Attached Image (click to enlarge)
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  • #1,273
  • Oct 29, 2008 7:08am Oct 29, 2008 7:08am
Quoting Prettrad
hi all,

hope many of you did take the eur/usd signal at 08:30 GMT i.e. BUY ~@ 1.2695...

however, pls can you tell me if what I marked on the attached pic is a valid SELL signal ~@ 1.2827 which did prove to be a good if taken.

i guess it wouldn't be following the exact rules of this strategy.. but did anyone take that?

thx Pret
Not a valid sell signal. CCI170 is over 0
  • #1,274
  • Oct 29, 2008 7:08am Oct 29, 2008 7:08am
I would not have taken this as a short trade.
Cheers
CanuckCT

Quoting Prettrad
hi all,

hope many of you did take the eur/usd signal at 08:30 GMT i.e. BUY ~@ 1.2695...

however, pls can you tell me if what I marked on the attached pic is a valid SELL signal ~@ 1.2827 which did prove to be a good if taken.

i guess it wouldn't be following the exact rules of this strategy.. but did anyone take that?

thx Pret
  • #1,275
  • Oct 29, 2008 7:10am Oct 29, 2008 7:10am
Quoting CanuckCT
Since there are differing views as to whether the chart posted in 1211 is a valid long entry, I'll post it here again for some further discussion.

Scenario 1 - There seems to be agreement that the 170 should establish the trend and the 34 would cross the zero line a bit later.

Scenario 2 - My point is when there is a fast move on a trend change, sometimes the 34 will lead the way. (see chart below)

Question - Should there be a more concrete set of rules as to when to accept a trade under scenario 2 - or should it simple be ignored as we can't expect to catch every single move a currency makes.

Great thread folks...keep it going!

Cheers
CanuckCT
Given the current market situation, I can understand why scenario 2 is more appealing.

But from a mechanical standpoint, if I were to simply look at the cross, when the cross happens, how do I know the price will move where I want it to?

Try it out, ignore the CCI170 rule and tell me how often you get shipsawed.
  • #1,276
  • Oct 29, 2008 7:21am Oct 29, 2008 7:21am
Hey Ronald....I agree. Letting the 170 lead the way is much much safer entry and is how I plan to trade it. It is very mechanical. Have you written an EA for this strategy. Seems doable?
Cheers
CanuckCT

Quoting Ronald Raygun
Given the current market situation, I can understand why scenario 2 is more appealing.

But from a mechanical standpoint, if I were to simply look at the cross, when the cross happens, how do I know the price will move where I want it to?

Try it out, ignore the CCI170 rule and tell me how often you get shipsawed.
  • #1,277
  • Oct 29, 2008 7:48am Oct 29, 2008 7:48am
Just dropping in to say thanks CD for the great simple system. I think we'll be fine as long as follow the rules and dont try and rush into the trades, let the trades find us.

Canuck/Ronald: If you're going to make an EA for the system, is there any chance we could make it so that once all the System criteria is met for an entry, instead of opening a position, it simply alerts you on mt4 with an alert box message With the Currency pair the signals on and what direction theirs a possible entry for? Also, an option for an audible alert with the message to switch on/off would be good.

This would be great as it would be just like an indi so those of us who use different brokers can place orders ourselves. What do you think?
  • #1,278
  • Oct 29, 2008 7:57am Oct 29, 2008 7:57am
Quoting CanuckCT
Hey Ronald....I agree. Letting the 170 lead the way is much much safer entry and is how I plan to trade it. It is very mechanical. Have you written an EA for this strategy. Seems doable?
Cheers
CanuckCT
Quoting WilteredFire
Just dropping in to say thanks CD for the great simple system. I think we'll be fine as long as follow the rules and dont try and rush into the trades, let the trades find us.

Canuck/Ronald: If you're going to make an EA for the system, is there any chance we could make it so that once all the System criteria is met for an entry, instead of opening a position, it simply alerts you on mt4 with an alert box message With the Currency pair the signals on and what direction theirs a possible entry for? Also, an option for an audible alert with the message to switch on/off would be good.

This would be great as it would be just like an indi so those of us who use different brokers can place orders ourselves. What do you think?


I guess you both haven't read the thread. I did code an EA for this system. (Check the attachments link). The exit of this system is not mechanical, which is where the EA will fail. The entry's fine, but after the EA enters, you'll need to manage the trade yourself.

WilteredFire: All of my EAs released after April or thereabouts have a feature called "SignalsOnly" that simply means it will alert you to a signal, and not trade on it.
  • #1,279
  • Oct 29, 2008 7:58am Oct 29, 2008 7:58am
Quoting WilteredFire
Just dropping in to say thanks CD for the great simple system. I think we'll be fine as long as follow the rules and dont try and rush into the trades, let the trades find us.

Canuck/Ronald: If you're going to make an EA for the system, is there any chance we could make it so that once all the System criteria is met for an entry, instead of opening a position, it simply alerts you on mt4 with an alert box message With the Currency pair the signals on and what direction theirs a possible entry for? Also, an option for an audible alert with the message to switch on/off would be good.

This would be great as it would be just like an indi so those of us who use different brokers can place orders ourselves. What do you think?
I agreed 100%.... alert message will be great though.
  • #1,280
  • Oct 29, 2008 8:07am Oct 29, 2008 8:07am
false signal right now
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