LOHAD Scalping system looking for V2.0

Miss the 100 pip ride but your system is looking fantastic on 5 min instead of 1 min if follow the proper rule we eliminate lots of bad trades.

Possible bear turn coming. Buyers make sure before going long.

I would say break 2782 to possibly keep the bulls driving

2811 is a more certain number for bulls imho

I hope you made it out alive?

soeasy69.

Big boys did not sucker this sucker. I find on 1M charts when you have 3 large bars like that screaming, there is bound to be a whipsaw. Even it passed my mental target, I knew they were going to pull something. Now to be honest, I was looking for a possible pullback and move forward on up breaking my target.

Are you ready for something new? I like to call it the "Lohad Stack" good on 1M and 5M. Same core ( I believe) but looks a little different.

Let me know

Lohad

Afternoon Lohad,
How does this method differ? Could you provide a screen shot?
Thanks much,
Cliff

Okay,

As I mentioned at the beginning. I was looking for a Version 2.0. And since this is an open canvas. I am trying not to feel bad when I change gears on ya. But....... I have to atleast send this out to you and give this a whirl.

The theme on this is............. SCREW BOLLINGER BANDS. Yeah I said it. J/K you can use em if you still like. Me, I am going to do away with them..... for now.

I am about to release after alot of blood (i got a paper cut) sweat (electric blanket was too hot) and tears (stubbed my toe), my new system (born about 3 hours ago) which I so affectionatly call:

THE LOHAD STACK
Available in both 1M and 5M formats.

Why you ask? Well my first system did give us some good entries, but also kept us out of alot good entries like the screamer on the EU this morning. And I have been doing really well on the old system. How was I doing so well on my original system you ask? Well.... I was breaking my own rules. Mainly the PSar on the outside of the BBand rule. Yup rule numero uno. I have been taking trades even if they were inside the BBands. I beg you for your mercy.

So I say to myself "how do I stop breaking rule #1 all the time"? Well there is more then one way to skin a cat. The answer was simple. REMOVE THE BOLLINGER BANDS!. Now I do not have to worry about if the PSar is inside or outside of the bands. Great! Easy enough. Out of site out of mind.

Hold the phone. I still need a filter. Something to cover my arse. I need a wing man as I troll the scene looking to pick up some pretty pips. This is where the stack comes in.

There are 4 things on the chart that make up the stack. for a long stack, you need to have the price above the 250 SMA (50 SMA on 5M chart). Then you have the PSar with Price above both the Hull and the TriangulateMA lines.

For shorts, it is the opposite. With price, Hull and TriangulateMA BELOW the 250 SMA (50 SMA on 5M chart).

Now you can countertrade trend as price is coming to the 250 SMA but just becareful.

We are also keeping the BBMacd and the QQE for confirmation. I will post the template. If you have downloaded everything on ths thread you should aready have the ind's, If you need something let me know.

Oh I also changed the PSar as follows:
Step = .03
Maximum = .02

Also if the 250SMa (or 50 SMA , 5M) is cutting through the price, be cautious. It could mean a trend change or sideways action.

Attached are two pictures of a long and short. I will also attach the templates.

Give it a try and let me kow what we need to do from here.

Thanks!

Lohad

The more I use this MACD BB indi the more I like it.
I noticed after viewing the video on it that there are all sorts of ways to put it to use. Price Action on the 1m and 5m charts becomes very manageable.
Included a screen shot to high lite a bit of what i am referencing.
Self-explanatory.
Ciao!for now!
Cliff

Enjoying this thread; thought I'd contribute PSAR that you can change color for both long and short signals as well as the size of the diamonds. Finally, it has an alert.

Steve

Hi Stevewide!

Welcome to the thread!

Thank you for the indi. I am going to throw this on and see what it does. I appreciate the input!

Lohad

hi lohad
chatting room would be a nice idea. I have created a chat room . u can join there few ways easiest way is
download www.mirc.com
free soft

open it .. then type in the command
/server irc.ircforex.com

then once it is connected

type /join #lohadScalping

Easy

Awesome Hoichoi!!!

Is anyone in there yet? Man o Man wow so much to cover. This will work out great though, because we can decide which way we want to go with this. I will download the software tonight. I will make sure I can get in, and then update the thread when I will start being in there.

Thanks!

Lohad

try this ma in color

Please what is the setting for the QQE in the template above?

TOR indicator ..

Hey Aelimian,

Welcome to the thread!

I just use the standard settings. If you are only getting one line. go to properties and change the black one into a color you can see.

Thanks!

Lohad

Well gang.

Gotta hit it. Nite Nite time. I will do a better summary tomorrow am.

Today +48
Week +208

Thanks for all the help. Check ou the chat Hoichoi were on there making a few calls. Thanks again Hoichoi for setting that up!


Lohad

I like that MA Color... really cool! Thanks for sharing...

soeasy69

Hey lohad,
how are you? will you please look at the new stack templates something is missing in it.