FX-50 Great Scalping System | Page 48 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

The Great 05 Level Scalping System 110 replies

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

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

Average system + great discipline =great results? 44 replies

Attachments: FX-50 Great Scalping System
Exit Attachments

FX-50 Great Scalping System

  • #941
  • Dec 19, 2008 8:03am Dec 19, 2008 8:03am
Quoting oxford_sb
Hey Soeasy thanks a lot for ur informations, i really apreciate it.

Do u can share this arrows indicators of your chart please?

http://img247.imageshack.us/img247/3807/soeasykh9.png

Thanks
hi i dont understand whi in mi metatrader i see in the fxprime v2 line points and you is a fringe, can you help me, thanks
  • #942
  • Edited 8:22am Dec 19, 2008 8:10am | Edited 8:22am
Hello every one!

Some request at previous pages for the arrow. I used it for long time already but for this system I disable the small arrows (6/12) as it messy my chart. It comes out with alert & text box to!
Besides, I used FX_TREND to exit/re-enter. Don't worry about the words, its telling you "There will be a direction changed".

Attached Image (click to enlarge)
Click to Enlarge Name: ej_fxprime-so-simple.gif Size: 13 KB


It's so simple! Enjoy!

Here's the indi:
Attached File(s)
File Type: mq4 3xMAs#4.mq4   9 KB | 890 downloads

Attached File(s)
File Type: ex4 FX_TREND.ex4   5 KB | 871 downloads
QUITTERS never WIN! WINNERS never QUIT!
  • #943
  • Dec 19, 2008 8:25am Dec 19, 2008 8:25am
Quoting kinonen
kinoBuycount_v4 versus fx v2 final
they seem both showing the same thing !
no ?

kino

Hey Kino,

Cool indicator you have on the top right cormer! Do you mind sharing ?
  • #944
  • Dec 19, 2008 8:34am Dec 19, 2008 8:34am
200 pips more on 5m trade eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: 15.gif Size: 22 KB
StopLoss is for none belivers... Trust the Gurus..
  • #945
  • Dec 19, 2008 8:41am Dec 19, 2008 8:41am
Quoting lillelise
200 pips more on 5m trade eurusd
lol, look at how wavy that is!
  • #946
  • Dec 19, 2008 8:50am Dec 19, 2008 8:50am
Quoting Fx_Pipin
Hey Kino,

Cool indicator you have on the top right cormer! Do you mind sharing ?

here attached
kino
Attached File(s)
File Type: mq4 Information.mq4   40 KB | 840 downloads
  • #947
  • Dec 19, 2008 8:52am Dec 19, 2008 8:52am
Quoting CanuckCT
I think you need to define chop....
Hi Can,

Kino already made some indicator which had Green, red and Yellow. When there is yellow we can stay away from the market....

Defining chop....I know it is difficult....We can define based on MA slopes you guys know better than me
  • #948
  • Dec 19, 2008 8:56am Dec 19, 2008 8:56am
Quoting lillelise
200 pips more on 5m trade eurusd

lol u are cracking me up, lovely holy grail indy there! good luck!
  • #949
  • Dec 19, 2008 8:57am Dec 19, 2008 8:57am
Quoting lillelise
200 pips more on 5m trade eurusd
Need to be on EA to make this trade....otherwise I will not even look at it.

Still I like to have that Holygrail....
  • #950
  • Dec 19, 2008 9:10am Dec 19, 2008 9:10am
Hey guys, I've been reading up on this thread and the original, one. I came across it from someone in a chat room. I downloaded the templates, and the EA's, but I'm not doing it right.

Its not working, and when I try to load the EA's, nothing pops up in the top right hand corner.

And then I came across fx prime, and that will load, but I'm not sure how to use it.

Can someone pls give me a little step-by-step instruction on how to get this puppy going, or direct me to one of the thread pages if its already there (incase I missed it).

All the best

Jason
  • #951
  • Dec 19, 2008 9:21am Dec 19, 2008 9:21am
i guess you easy could make an ea
Attached Image (click to enlarge)
Click to Enlarge Name: 17.gif Size: 45 KB
StopLoss is for none belivers... Trust the Gurus..
  • #952
  • Dec 19, 2008 9:22am Dec 19, 2008 9:22am
yes...but can you articulate it a bit more that that....how wide a range....how long does it continue for, are you considering other timeframes or just the current one, how does higher highs, lower highs, higher lows, lower lows, trendlines....all that stuff. Do you consider any of that...or is it just a visual. How do you gather that information from your FX-50 template, or do you gather it another way? What are the signs? How do you know the chop is over? I have an approach...will share if we can have some discussion about it....

Cheers
CanuckCT

Quoting soeasy69
LOL! Chop means no trend... it chops up and down in a small range which KILLS all good trading systems...

69
  • #953
  • Dec 19, 2008 9:23am Dec 19, 2008 9:23am
Quoting anto
Need to be on EA to make this trade....otherwise I will not even look at it.

Still I like to have that Holygrail....

it's because eur$ is trending well down down ...
with a sma 50 you have the same result LOL !
kino
  • #954
  • Dec 19, 2008 9:32am Dec 19, 2008 9:32am
Yes, check it out on your 5min.
Kino is right.
I just find it hilarious that people still are reluctant to share some indicators. Sooner or later somebody posts them anyway and by then it might be to late to use because it's to old.

D.
  • #955
  • Dec 19, 2008 9:32am Dec 19, 2008 9:32am
Quoting monster
Hey guys, I've been reading up on this thread and the original, one. I came across it from someone in a chat room....
Few pages away, look for posts by soeasy69

But, you missed a lot of tips & information man...
QUITTERS never WIN! WINNERS never QUIT!
  • #956
  • Dec 19, 2008 9:33am Dec 19, 2008 9:33am
Quoting fray
hi i dont understand whi in mi metatrader i see in the fxprime v2 line points and you is a fringe, can you help me, thanks

I manually put this on the chart myself... maybe you come from some place with a language barrier but you don't understand me here...

69
  • #957
  • Dec 19, 2008 9:38am Dec 19, 2008 9:38am
Quoting CanuckCT
yes...but can you articulate it a bit more that that....how wide a range....how long does it continue for, are you considering other timeframes or just the current one, how does higher highs, lower highs, higher lows, lower lows, trendlines....all that stuff. Do you consider any of that...or is it just a visual. How do you gather that information from your FX-50 template, or do you gather it another way? What are the signs? How do you know the chop is over? I have an approach...will share if we can have some discussion about it....

Cheers
CanuckCT...
What else can I say... you want to trade with no chop? Go trade the daily chart and forget scalping... I look at this for fun... I trade Daily charts...

69
  • #958
  • Dec 19, 2008 10:14am Dec 19, 2008 10:14am
Quoting CanuckCT
yes...but can you articulate it a bit more that that....how wide a range....how long does it continue for, are you considering other timeframes or just the current one, how does higher highs, lower highs, higher lows, lower lows, trendlines....all that stuff....
Yes I think that would be good to discuss CanuckCT, you are welcome to discuss it here I think it would be good for all traders here.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #959
  • Dec 19, 2008 10:29am Dec 19, 2008 10:29am
C'mon...there must be some advice you can provide for when to trade and when to stand aside when scalping.

Here is chart that I would submit for starting a discussion. Is there anything obvious about it?

Well...we had a nice uptrend for the first part of the week....a reversal and finished right back where we started the week. What does this mean for next week....we'll see how it handles the low around 1.4812.

Throughout the week you could draw trendlines to represent what price might do to create a new trend, extend an existing trend...or range, while it decides what to do. No indicators can tell you this....it's pure price action. And I understand how the indicators help to pull the trigger...I use of version of FX-50 for M1. For M2, M5 and M15...it's pretty much pure price action.

So when you sit down to trade, before you do anything....load an M15 chart....zoom out and draw some trendlines...see if it helps you in your M1 trading.

It's near these threndlines that you start to get signals from systems. This is why sometimes price bounces for no apparent reason...and sometimes when you trade it turns immediately against you...cause you are doing exactly the opposite of the 5% who are getting it right.

It might be offtopic for scalping....but it does help to assess where the critical areas are and when you might be ranging and why. When you break these trendlines...the system signals are the ones you want to take.

Timeframe is M15 for GU for the week.

Cheers
CanuckCT


Quoting soeasy69
What else can I say... you want to trade with no chop? Go trade the daily chart and forget scalping... I look at this for fun... I trade Daily charts...

69
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 23 KB
  • #960
  • Dec 19, 2008 10:49am Dec 19, 2008 10:49am
guess i call it a day today almost 1000 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 19.gif Size: 48 KB
StopLoss is for none belivers... Trust the Gurus..
2 traders viewing now