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Indicators and Rules for Simple Method of Scalping GBP/Jpy on 5 min chart 18 replies

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Attachments: Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

how to put lag1 & lag2 in one window?
Quoting nurja
how to put lag1 & lag2 in one window?
Just drag the second lag into a first lag window then let the mouse click free and set the setings you would like to use for the second lag and voila there it is - two lags in one window.

Kristjan
just checking if anyone's trading this straegy still?
Quoting Prettrad
just checking if anyone's trading this straegy still?
There are still some people using the system but this thread was contrived by Imran Sait who, as you can see from the above thread of Oct 20th, used the system and this thread to SCAM alot of people taking thier hard earned money into his bank account and claiming to have "lost it all" and promising a recovery. I was one of the first to sound the warning voice on this thread and because of my warnings were in conflict with the policy of FF they removed my contributions to this thread and I was not able to write here on FF for the 30 day banned time. I told the membership to beware as Imran was only showing us a balance not the withdraw and deposits. I asked him many times by email to reveal all the withdrawals and deposits but he refused banning me from pool #2. Those in Pool #1 were asked to "roll the money" into pool #2 which promised BIGGER returns than the 1500% he earned in Pool #1. I caught him in the act and reported it on this thread for all 20 Pool #1 participants NOT to encourage anybody else to join as IMRAN was being very dishonest. His dishonesty played out in Pool #2 which was saddly filled by many on this thread and just as I suggested in the REMOVED POSTS he would take the money and run. And he did, I got paid out but fortunatly did not buy into his Pool #2 up sell. If any who read this thread would like to contact me please feel free to do so.
Greatest Success ***Dale***
Quoting Prettrad
just checking if anyone's trading this straegy still?
... and with money management together with strong psychological restrictions of myself it goes quite well! (So far ). Real account.
Quoting Anaphylaktos
... and with money management together with strong psychological restrictions of myself it goes quite well! (So far ). Real account.
Laguerre, Macd, Sthocastic histogram, Emas 60, 200, pivots, confirmation with a higher timeframe, strict money management rules and you are done.
personally think it's good thread
Quoting yunzhongwu
personally think it's good thread
Whatever isn't popular must be right....
I've been trading this system for 1 year now...'live'...'real money' since I'd discovered it.... it works... as long as you make it your own......(as an example... I use the entries.... not the exits... but that's how I trade.... and that works for me...)
People never have been able to see that a diamond in the rough if polished and cut can be worth a fortune.
I the end it really doesn't matter what the 'system' as long as it has a positive expectancy.... Self-Confidence, Proper Money Management, Self-Disipline, and an 'anything can happen' attitude..(those who've read 'Trading in the Zone' know what I'm refering to ...) and you've got it.
I'm no Millionaire, but I've been able to replace a 30,000$ 'job'... and that's what my objective was to begin with.... just do you and forget the neigh-sayers......
Thank you Imran...wherever you are.

It is an excellent system and I want to thank Imran for having shared with us all. I use it for months and my profits have increased considerably.

We have to make a lot of money to live quiet as the poor.
Quoting gambrinus

It is an excellent system and I want to thank Imran for having shared with us all. I use it for months and my profits have increased considerably.

hi in which TF & in which session & with which pears do U trade it
Hi,

Can you post me lag indicator. when i download indicator i got only lag 0.60 line. i couldn't get 2 lines. if it is possible can you post for me please.

Thanks,
Padma

Quoting imransait
Hello Everyone

I am trading in GBP/JPY and other currencies using this Simple method for quite sometime now and its proven to be successful 90% of the times, the only times it has failed is when a spike up or down during news time, so i discourage anyone to stop using this 30 mins prior and after the news to escape from the whipsaws.

This method was initially started for 1min charts but due to the majority of the members were on brokers whose spread was high, the time frame was changed to 5min . I am and was using this on 1min , 5min and 15min,...
Padma,
Just double click on the line and you can change the settings of it to .8 and also the color difference. Then just drag the indicator on it again and you will have both lines. Good Luck
Yab:

I replaced the BB through the center of gravity and I find it easier to identify good entries to market. From 5 minutes to 1 hours, where to locate a good opportunity.

Attached Image (click to enlarge)
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We have to make a lot of money to live quiet as the poor.
  • Post #7,614
  • Quote
  • Edited Jan 10, 2009 4:52am Jan 9, 2009 11:33pm | Edited Jan 10, 2009 4:52am

If you have patience, you can use in times of 4 hours.



(I think it's unfortunate that this great system is currently in the recycle bin).

Attached Image (click to enlarge)
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We have to make a lot of money to live quiet as the poor.
Can you please post the COG indicator here too please. your idea looks very interesting. I would also ad some indicator that would mark the top so you would know where to put your SL. And then strickt rules for entrys and axits should be at the COG bounderys.
I would say that this is the best improvements of that already great system.

Kristjan

Quoting gambrinus
Yab:


I replaced the BB through the center of gravity and I find it easier to identify good entries to market. From 5 minutes to 1 hours, where to locate a good opportunity.

Where is the Trading room ?
Quoting gambrinus

It is an excellent system and I want to thank Imran for having shared with us all. I use it for months and my profits have increased considerably.

hola, de donde eres? me pare al ver la foto de esteso, yo tengo [email protected] podemos charlar en español que lo hecho de menos y ver si podemos crear algo bueno en castellano, mira por el mesenguer, saludos y eèpro tener noticias tuyas y compartir cosillas
Quoting gambrinus
Yab:

I replaced the BB through the center of gravity and I find it easier to identify good entries to market. From 5 minutes to 1 hours, where to locate a good opportunity.

Hi,

Can you please post the indicator COG, its settings and the TPL file.

Thanks in advance

Regards

rajat
Hey Syafi

The tradingroom do not exist anymore and the main reason for that is that the software that we use for that room is no longer available. There was a chatroom in Skype for a while but it is not any longer activly used. Althou there was a new room set up when this thread was thrown int a recycle bin. The link for that room can be found in the trading system folder. If you do a search by Yas1r then you can see the thread what that great trader started after that unfortunate event when this great thread was thrown into a rb.

Kristjan
Quoting Syafi
Where is the Trading room ?
Use the candleaverage indicator, but with settings of 3 for all input
in the settings tab and then overlay the timing indicator over it.

These settings I like on the 5 MIN TF charts, but also great on 1 hr and 15, etc..
some people play with the candleaverage on other time frames, for some
3 1 1 3 is a good setting, but for many, including 5 min TF 3 3 3 3 is great!

On the Candle average I just add these levels 0.81 and -0.81 these are all you
need... when the candle average is over 0.81 its showing the pair is overbought
when its under -0.81 it displays its oversold. So when you have this condition,
a 3 on the Semafor below at the same time showing end to trend
and then the Timer rolls the other way.. you have an entry. Especially when occuring on a solid
line of the COG. Nice.. really great when supplimented by supporting indicators.

Brian

PS: I actually don't use the timer myself but many people do..the candle average with the
rest of the setup is really nice.
Attached File(s)
File Type: mq4 CandleAverage_v3.mq4   3 KB | 775 downloads
File Type: ex4 Timer.ex4   5 KB | 656 downloads
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