Powerful 1 Min Scalping System (Fx Prime) | Page 119 | 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)

  • #2,361
  • Nov 18, 2008 10:34am Nov 18, 2008 10:34am
Quoting Stern-Capita
Yes, please share your nice EA with us mate.
I can not share my EA because ninpojutsu will sell my EA on ebay tomorrow.
I allready shared my strategy.
  • #2,362
  • Nov 18, 2008 10:35am Nov 18, 2008 10:35am
I if give you my e-mail can you share it with me?
  • #2,363
  • Nov 18, 2008 10:42am Nov 18, 2008 10:42am
Hello,

I'm sorry, but I feel compelled to comment.

I've been following this thread for some time now, with the hope that as it continued, more nuance and other fine points would be revealed/discovered as a result of continued trading via the basic system presented in the first post.

Alas, the thread has changed quite dramatically of late and, despite MULTIPLE requests by the thread starter to PLEASE refrain from discussing EAs, these requests have been ignored and EA (and other unrelated) postings continue to the point of now dominating the thread. So now, as a result of apparent indifference -- and I suppose lack of interest -- the thread is being hijacked by various "improvements," new and varied EAs, and even the introduction of brand new scalping systems.

I don't really understand why so many folks think they need a signal to tell them what the charts are already clearly telling them. You want an alert to sound so you can "scalp" on a one-minute chart? Quite remarkable. By the time you wake up from whatever else has captured your attention, your move will have already ended!

Trading is not a video game, after all.

Sorry, nothing personal intended (not flaming anyone), just a general observation.

Good trading to all...
Jeff Singer, K2KV
  • #2,364
  • Nov 18, 2008 10:42am Nov 18, 2008 10:42am
Eyy! you are wrong! I never sell anything!
You will not be presuming something here that you do not have?
You are missing the respect and you can verify that I not be active in ebay!
  • #2,365
  • Nov 18, 2008 10:57am Nov 18, 2008 10:57am
Quoting DirkH143
OK. That will be a stupid question. How do I attach this ea to the charts?

Thanks.

D.
In Metatrader go to navigator click on Expert Advisors and double click on the close all ea a pop up will follow and in the pop up Under Common check allow live trading. Yhen in inputs put your take profit stop and trailing stop. then click ok.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,366
  • Nov 18, 2008 11:00am Nov 18, 2008 11:00am
[quote=k2kv;2358398]Hello,

I'm sorry, but I feel compelled to comment.

I've been following this thread for some time now, with the hope that as it continued, more nuance and other fine points would be revealed/discovered as a result of continued trading via the basic system presented in the first post.

Alas, the thread has changed quite dramatically of late and, despite MULTIPLE requests by the thread starter to PLEASE refrain from discussing EAs, these requests have been ignored and EA (and other unrelated) postings continue to the point of now dominating the thread.

Your point is so well taken. For some reason it seems we cannot stay focused, and thereby lose the benefit of those who really understand this technique.

Have we completely lost the wisdom and insight of CD?
  • #2,367
  • Nov 18, 2008 11:03am Nov 18, 2008 11:03am
Quoting k2kv
Hello,

I'm sorry, but I feel compelled to comment.

I've been following this thread for some time now, with the hope that as it continued, more nuance and other fine points would be revealed/discovered as a result of continued trading via the basic system presented in the first post.

Alas, the thread has changed quite dramatically of late and, despite MULTIPLE requests by the thread starter to PLEASE refrain from discussing EAs, these requests have been ignored and EA (and other unrelated) postings continue to the point of now dominating the...
It's a fair question. I heard that CD is on holiday. I haven't seen him in a while. Once he gets back I'm sure things will get back on track for this strategy.

I think people have been experimenting with the entry portion of the strategy trying to get better results. Also others have been trying to figure out an exit strategy that doesn't lose pips. All normal imo.
  • #2,368
  • Nov 18, 2008 11:05am Nov 18, 2008 11:05am
Quoting fxtrading24
In Metatrader go to navigator click on Expert Advisors and double click on the close all ea a pop up will follow and in the pop up Under Common check allow live trading. Yhen in inputs put your take profit stop and trailing stop. then click ok.

I did it so far. But when I go into the input section, I only have the close all option and thats all.
  • #2,369
  • Nov 18, 2008 11:16am Nov 18, 2008 11:16am
Quoting DirkH143
I did it so far. But when I go into the input section, I only have the close all option and thats all.
Look at the top left hand corner of the close all tabs. You have two tabs. one common and the other inputs click on these tabs. Click on common and you can check the box allow live trading.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,370
  • Nov 18, 2008 11:19am Nov 18, 2008 11:19am
Quoting kinonen
I have found some little corrections to make on 2CCI indicator and i'm fixing them...
(CCI170 > 0 and CCI <100 and >0 etc ...)
i'll post the good one soon ;
sorry about this

kinonen
indicator new version attached
alerts are in progress , don't know how to make it; because it sounds too often when condition CCI1 or CCI2 crosses ZeroLine !
do you want CCI1+CCI2 cross zero line and RSI crossses < 45 or > 55 ?

kinonen
Attached File(s)
File Type: mq4 kino_2CCI_34_170_V3.mq4   5 KB | 769 downloads
  • #2,371
  • Nov 18, 2008 11:21am Nov 18, 2008 11:21am
Quoting ninpojutsu
Eyy! you are wrong! I never sell anything!
You will not be presuming something here that you do not have?
You are missing the respect and you can verify that I not be active in ebay!
Sorry, change your avatar.
Go to ebay and type expert advisor...
I dont know who stole this picture, you or him.
  • #2,372
  • Nov 18, 2008 11:26am Nov 18, 2008 11:26am
Quoting k2kv
Hello,

I'm sorry, but I feel compelled to comment.

I've been following this thread for some time now, with the hope that as it continued, more nuance and other fine points would be revealed/discovered as a result of continued trading via the basic system presented in the first post.

Alas, the thread has changed quite dramatically of late and, despite MULTIPLE requests by the thread starter to PLEASE refrain from discussing EAs, these requests have been ignored and EA (and other unrelated) postings continue to the point of now dominating the thread....
I agree, I was posting charts and trying to help as much as possible but felt pretty alone in doing it and pretty much all intelligent debate and work on CD's set up has disappeared. I'm not giving up just yet, but any trades I post or discussions I try to start up, end up with me just getting way to many pm's and really only responses from beginners who are not even able to use there platform or do any research or reading on there own. To myself this guy and his magic EA is just spam and really should be deleted, You beginners are crazy if you think there is a magic scalping EA out there that wins 100% of the time and if I had 1 I'd be a trillionair and not selling it for $399 or posting this crap all over the web.
  • #2,373
  • Nov 18, 2008 11:34am Nov 18, 2008 11:34am
Quoting f4mnect
I agree, I was posting charts and trying to help as much as possible but felt pretty alone in doing it and pretty much all intelligent debate and work on CD's set up has disappeared. I'm not giving up just yet, but any trades I post or discussions I try to start up, end up with me just getting way to many pm's and really only responses from beginners who are not even able to use there platform or do any research or reading on there own. To myself this guy and his magic EA is just spam and really should be deleted, You beginners are crazy if you...
Right on f4mnect you are correct especialy an ea that wins 100%, I bet even Einstein would agree.
Nothing pissis me off more, is people selling EA's to new traders that don't produce. If I had an ea that even produced and was profitable, I wouldn't be trying to sell it I would trade with it, and yes give it away to who ever wants it.

Just a note to new traders. Read, Practice, listen, and LEARN FOREX. And DON"T PAY FOR EA'S INDICATORS' AND EBOOKS. Save your money for trading ,and trade a demo for at least one year untill you learn how forex works. Then maybe you can go live with very small lots. There is lots of free indicators and information out there.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,374
  • Nov 18, 2008 11:37am Nov 18, 2008 11:37am
k2kv and pipsnow:

Couldn't agree more. I was going to write a long rant but thought it best to delete it! But what a great loss it is, that lazy people who couldn't be bothered to learn the system kept asking the same questions again and again - kept bringing up EA-talk despite many requests to put it where it belongs, on the separate thread (EAs are so BORING anyway, and none of them seem to work!) - kept asking CD about his experimental indicator - seem to have driven away the creator of the system and most others who have been unstinting in their help of those who actually wanted to learn.

Now the thread seems to have been hijacked altogether by various completely different approaches, totally unrelated to fx prime. Perhaps the only place left to learn and discuss more is now Canuck's thread about using it in longer time-frames? (Or perhaps I shouldn't have mentioned that, in case all the people I'm thinking of migrate there too....)

Good trading! George
  • #2,375
  • Nov 18, 2008 11:53am Nov 18, 2008 11:53am
Quoting georgeh
k2kv and pipsnow:

Couldn't agree more. I was going to write a long rant but thought it best to delete it! But what a great loss it is, that lazy people who couldn't be bothered to learn the system kept asking the same questions again and again - kept bringing up EA-talk despite many requests to put it where it belongs, on the separate thread (EAs are so BORING anyway, and none of them seem to work!) - kept asking CD about his experimental indicator - seem to have driven away the creator of the system and most others who have been unstinting in...
Ya I agree it is amazing and I have seen this before you have a winning system right in front of you, and you get a few bad trades (which is just part of trading) and you start looking for ways to improve it, and yet all you are doing is distroying a system that works and not focusing on the origional system. And with this market the way it is, it is harder to trade.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,376
  • Nov 18, 2008 12:04pm Nov 18, 2008 12:04pm
I suppose we could discuss something productive like the following:

  1. How do we tell if market is ranging or trending? What things should you be looking for in H4, H1, M30, M15 or M5 to help with this assessment and improve your chances of having a successful FXPrime trade?
  2. What about each CCI and what to do when they reach 100, 50, 350?
  3. What ways are there to measure the strength of the move and how far it might go rather than simply looking at fibs and can higher timeframes help with this?
  4. What might your screen setup look like so that you have a better chance of making trade decisions?
  5. How do we tell if a retracement is in play or whether it's a reversal?

There is a lot of productive stuff to talk about and relate it to this method or trading in general. Anyone care to chime in on any of these topics and relate them to FXPrime?

I use FXPrime on M1 and something totally different on M5, H1, H4 to help with my trade assessment and I think many other people do the same. Some of that discussion would be productive.

And no disrespect to Canadian Dude...I'm sure he's a great guy, after all he is Canadian. But I suspect he is a regular guy with a busy job who has had some success with this method and decided to share it, never thinking it would take on a life of it's own and create all this fuss. Some folks can spend 20 hours a day trading are going to catch some big moves, whether they trade this method or others, because they are good traders, not because this is the best approach.

CD is not a professional trader and likely cannot add more to this discussion because his experience is not as rich as some assume it to be. So we need to stop with the "hail to CD" thing and when is that filter coming and focus on how to trade.

C'mon folks...focus. What are the things you need to do to become a better trader, regardless of the method. Maybe that should be a new thread?

Cheers
CanuckCT

  • #2,377
  • Nov 18, 2008 12:12pm Nov 18, 2008 12:12pm
I wanted a little help and support for my entries, I like entering over and over on bounces in the direction of the trend, So here's what I'm looking at and trading
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Nov. 18 10.10.jpg Size: 149 KB
  • #2,378
  • Nov 18, 2008 12:16pm Nov 18, 2008 12:16pm
Hello All,

I am a commodity futures trader. Worked my way from runner to clerk to trader. Have worked or traded on the floors of the Cbot, Amex, and Nymex. So needless to say I have a good idea about trading and what it takes to be successful.

I was what most would call and arb trader. I am of the generation that filled the gap over the last 12 years of migrating from all floor trading to all electronic trading. I made markets in electronic futures around floor futures. I would do sometimes 500 to 1000 trades a day.

Up until 2007 when most of the migration from floor markets to screen markets had run its course, i had done very well. When the floor no longer led the markets I started having consistently bad days. I decided it was time to back away and take a break. So i havent traded since spring of 2007 but I have diligently been trying to find a market i like and a high frequency system that i consider tradeable.

I discovered this thread a few weeks ago. I have worked through the trade and done a lot of demo trading. This system is great. A good trader is like a hunter. The hunter has the gun which is his knowledge of market movement which he has derived over the years and years of staring at the charts. The thing that the hunter needs is ammo. This system provides that ammo. It gives you a distinct entry point and exit. What more can everyone ask for.

I am completely overjoyed with the results of the system. I am a bit dissapointed in the forum. What everyone needs to realize is the only way to become a good trader is time and patience. You all need to just take your time and watch this trade work. Low volatility markets are not ideal for this system, but if you look at the market you can see when it is basically ranging. If its stuck in an overnight range and commodities or stock indexes are just chopping around. Then you can be pretty sure the system may get stopped out. If thats the case take the day off. You can make a lot of money with this system. Trade when the markets are volatile. Maybe only trade the london open for a few hours and again an hour before new york equities open and and hour after.

Unless your doing arbitrage automated trading will never be perfect. Markets change and your trading needs to constantly be evolving. I feel this system will work for a long time because you as the individual are in control of it. Use your support resistance and fibonnoci lines. Trade like a Trader not like a robot. Thats just my opinion on the ea discussions.

Anyway just wanted to say hello to everyone and thanks to cd for the system. Everyone needs a little kickstart sometimes and you have done that for me and a lot of other professional traders. Keep up the good work.
  • #2,379
  • Nov 18, 2008 12:18pm Nov 18, 2008 12:18pm
Thanks for joining us here
  • #2,380
  • Nov 18, 2008 12:22pm Nov 18, 2008 12:22pm
Hi Folks,
Don't chase the Grail.
Remember that there has been a lot of chop in the markets. All systems and methods are put to the test at times. This is called a scalping method. Scalping is 5-10 pips a trade. Yes this system can give you more on a trade. But we should not forget the key factors for failure - Fear, GREED and poor money management.

I enter a trade with multiple lots (mini lots). I take all off except for 1 runner at my first target (15-20 pips depending on pair). This is my cake (core income). The runner with a stop at break even is my icing (vacation money).

We are trading using the 1 and 5 min. charts but I also look at higher time frames with basic chart reading to get a bigger picture. Helps with whipsaws.

Just food for thought.

P.S. - I have not seen an EA that works in 4 years. I have seen numerous threads fall apart once EA's are mentioned.
Attitude can reflect outcome in life and trading!
0 traders viewing now