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FX-50 Great Scalping System

  • #441
  • Edited Dec 12, 2008 1:13am Dec 11, 2008 11:25pm | Edited Dec 12, 2008 1:13am
Well this is NOT a FX50 Setup but im only testing it and it gives good signals,

Setup #3
MA7 +MA21 +MA55 + MA200 (different colors ot make it easier to view) good for MA crossings
2MA CrossOver Alerts of MA7 Crossing MA55 and shows arrows
Kino RSI Color RSI8 45-55
Stealth Buy/Sell v2 makes it easy to view Buy/Sell Signals but to small (i still like Kinos buycount better
MTF HAS well gives a quick glance of trend at other timeframes
i-Trend this is my new Favorite for viewing current trend signals and gives good exit points when both lines are completly opposite of each other

*** when red line crosses over green = BEARISH (SELL) TREND when Green crosses over RED = BULL (BUY) TREND but in addition as stated above when trend is changing both line goes opposite directions sometimes as if they would burst out of there indi box LOL !!! this is my interpretation of this indi after testing and analysing it, others may say different, i also used the version with numbers and % but i find it makes charts lag

Attached Image (click to enlarge)
Click to Enlarge Name: setup3.jpg Size: 479 KB
Don't forget Practice + Patience + Persistence = Profits
  • #442
  • Dec 11, 2008 11:36pm Dec 11, 2008 11:36pm
heres 4 indis for anyone interested

2MA Crossoser ALERT signal even sends email
i-Trend
MAColor (same as Guppy but green replaced with blue)
Auto Pivot 4.04 that auto refreshes, works better than the original in fxprime v1 template,, which you have to cahnge TF to makes it good (i dont use Fibos anymore to many lines Pivots are enough LOL !!!)

Hope this helps
Attached File(s)
File Type: mq4 #MAColor.mq4   4 KB | 539 downloads
File Type: mq4 2MA Crossover.mq4   8 KB | 553 downloads
File Type: mq4 Auto Pivot 4.04.mq4   17 KB | 1,045 downloads
File Type: mq4 i_Trend.mq4   3 KB | 648 downloads
Don't forget Practice + Patience + Persistence = Profits
  • #443
  • Dec 11, 2008 11:49pm Dec 11, 2008 11:49pm
Quoting tkpower8
.....For those interested I will set-up the M2 thread on Sunday.
Sunday, ok. i'll be there.
  • #444
  • Dec 12, 2008 1:04am Dec 12, 2008 1:04am
Quoting F4Mnect
FxPrime v2 Settings
Geez F4 big the settings are awesome

WIth the new fxprime template v2 (black) i just added the i-Trend in there to give me signal of trend change

if you check USD/JPY today TF1 theres a SELL signal from Fxprime v2 down from 91.35 to 88.35 thats 300 pips in 1 hour and i-Trend shows when trend changes so you dont lose or lose less on the uptrend starting
Don't forget Practice + Patience + Persistence = Profits
  • #445
  • Dec 12, 2008 3:21am Dec 12, 2008 3:21am
Quoting CanuckCT
Here is my contribution to FX-50....BTW, I like the name and had an M5 system I traded for a while called x50 and I still glance at regularly.

I have the faster CCI combination...21 and 89 along with the stochastic histogram. However, I use M1 and M5 gann to help me see what is happening for entry. And I've removed all the other junk from the chart...candles and gann only as I moving more and more toward trading the price action and candle formation on M5 and M15, with M1 for entry.

H1 and H4 are crutial for me to see if I might catch a runner...

Hi frends. I triyed put the Fx 50 of Canuck but I dont get draw the gann lines. I putted into expert/indicators all files.mq4 except template of course. What I did wrong? Thanks and I appologize for my english.
  • #446
  • Dec 12, 2008 3:24am Dec 12, 2008 3:24am
close mt4 and reopen, should work then
  • #447
  • Dec 12, 2008 3:41am Dec 12, 2008 3:41am
Quoting f4mnect
close mt4 and reopen, should work then

I did it but don't function.
  • #448
  • Dec 12, 2008 3:42am Dec 12, 2008 3:42am
sorry, no idea, not a indicator I use

Quoting Ferod
I did it but don't function.
  • #449
  • Dec 12, 2008 3:55am Dec 12, 2008 3:55am
Hi Canuck,
about your chart, I like the setup. Where exactly is your entry?
My suggestion is on the picture.


Quoting CanuckCT
Here is my contribution to FX-50....

Cheers
CanuckCT

EDIT - opened another buy for +15.
Two trades...+25 total.
Trading S/R with PA only. No indicators anymore!
  • #450
  • Dec 12, 2008 3:57am Dec 12, 2008 3:57am
here it is
Attached Image (click to enlarge)
Click to Enlarge Name: canuck.GIF Size: 30 KB
Trading S/R with PA only. No indicators anymore!
  • #451
  • Dec 12, 2008 4:05am Dec 12, 2008 4:05am
only 68 pips trade !! on EURUSD
but it is enough i think 68x400$=20,720 $$$$$$$$$$

helas !!! i do it but ......in a Demo account
amazing , to think you can do that in 20/30 minutes !
have a good day and good real trades
kino
Attached Image (click to enlarge)
Click to Enlarge Name: enough for today.JPG Size: 84 KB
  • #452
  • Dec 12, 2008 4:16am Dec 12, 2008 4:16am
I'm done for the week (off to my real job). I've been using tkpower8's 1 min template for entries this week. 17 out of 17 wins for 238 pips(Demo). I made a lot of missteps, but got lucky. I'm sure I could make more if I was more mechanical.

This has been a great thread! Thanks to all the contributors.

I'm also trying to automate this strategy, but it is very hard. I don't build EAs, I use C++ with MB's SDK. I recently have been testing using a Neural Net as a filter on this strategy for entries. In back testing, it cut the number of trades in half and doubled my profit factor. More if this actually works in live trading.

Thanks again for an inspiring week.

Dan
.
  • #453
  • Dec 12, 2008 4:27am Dec 12, 2008 4:27am
Quoting redpine
I'm done for the week (off to my real job). I've been using tkpower8's 1 min template for entries this week. 17 out of 17 wins for 238 pips(Demo). I made a lot of missteps, but got lucky. I'm sure I could make more if I was more mechanical.

This has been a great thread! Thanks to all the contributors.

I'm also trying to automate this strategy, but it is very hard. I don't build EAs, I use C++ with MB's SDK. I recently have been testing using a Neural Net as a filter on this strategy for entries. In back testing,...
if you can send this code in C++ for that strategy perhaps i can try to turn it on mq4 coding , i 'm sure Soeasy69 can do that too !
kino
  • #454
  • Dec 12, 2008 4:49am Dec 12, 2008 4:49am
Forget the V2 folks, I was just using F4's system to ride the USD/JPY for 50 pips SHORT. The v2 reported a short entry after 60 pips had already passed and just as the retracement was taking place. If it can't get you into a short trade till 50 pips has slipped past you, you certainly don't need it.
F4's system got me 50 pips total in less than 10 mins on the same trade.


http://img254.imageshack.us/img254/1652/v2lv8.jpg
Starting to see instead of just looking.
  • #455
  • Dec 12, 2008 4:53am Dec 12, 2008 4:53am
Quoting kinonen
if you can send this code in C++ for that strategy perhaps i can try to turn it on mq4 coding , i 'm sure Soeasy69 can do that too !
kino
Kino,

There is a dll for MetaTrader or something like it for the same Neural Network I use. I'll see if it's the same version and try and sent the net and the DLL this weekend. I also have been using one other indicator, Hilbert Trendline. I haven't seen any of the Hilbert transforms in EA's yet, but we could train the network without it.

Dan
.
  • #456
  • Dec 12, 2008 4:58am Dec 12, 2008 4:58am
the third indicator on your chart, can you send it please ?
seems interesting ;
are you prepared to another short soon ?

kino
  • #457
  • Dec 12, 2008 4:58am Dec 12, 2008 4:58am
Quoting Rastaman
Forget the V2 folks, I was just using F4's system to ride the USD/JPY for 50 pips SHORT. The v2 reported a short entry after 60 pips had already passed and just as the retracement was taking place. If it can't get you into a short trade till 50 pips has slipped past you, you certainly don't need it.
F4's system got me 50 pips total in less than 10 mins on the same trade.
Nice ride Rasta, I think I will shut down V2 also. Somehow don't see it working for me...
  • #458
  • Dec 12, 2008 5:01am Dec 12, 2008 5:01am
Quoting Rastaman
Forget the V2 folks, I was just using F4's system to ride the USD/JPY for 50 pips SHORT. The v2 reported a short entry after 60 pips had already passed and just as the retracement was taking place. If it can't get you into a short trade till 50 pips has slipped past you, you certainly don't need it.
F4's system got me 50 pips total in less than 10 mins on the same trade.


http://img254.imageshack.us/img254/1652/v2lv8.jpg
the third indicator on your chart, can you send it please ?
seems interesting ;
are you prepared to another short soon ?

kino
  • #459
  • Dec 12, 2008 5:04am Dec 12, 2008 5:04am
You mean this one kino....ZLS
Attached File(s)
File Type: mq4 ZeroLagStochvbob.mq4   3 KB | 713 downloads
File Type: ex4 ZeroLagStochvbob.ex4   3 KB | 575 downloads
  • #460
  • Dec 12, 2008 5:10am Dec 12, 2008 5:10am
Quoting Rastaman
Forget the V2 folks, I was just using F4's system to ride the USD/JPY for 50 pips SHORT. The v2 reported a short entry after 60 pips had already passed and just as the retracement was taking place. If it can't get you into a short trade till 50 pips has slipped past you, you certainly don't need it.
F4's system got me 50 pips total in less than 10 mins on the same trade.


http://img254.imageshack.us/img254/1652/v2lv8.jpg

Ratsman, change the CCI settings to match F4

you will get the signal
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