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Scalping Technique Made Easy

  • #21
  • Apr 5, 2007 11:50am Apr 5, 2007 11:50am
Gotta run to do arrands. I will be back to answer all questions at 6:30 PM tonight PST

Thanks
  • #22
  • Apr 5, 2007 11:53am Apr 5, 2007 11:53am
Looking at your entries and exits from your statement, none of my charts gave any of the same signals. What time frame are you using? I'm very impressed with your results, I just don't know why I got any of the same buy or sell signals. Thanks!!
  • #23
  • Apr 5, 2007 5:52pm Apr 5, 2007 5:52pm
Stein,

I don't know what moderator can do, but if you need it for our interest and freely, you will get my support, but I don't know merlin's e-mail. I am sure he will read your post and this post.

People who build an run from this forum usually did not succeed, I followed them before, they are getting more chaos that it was in here.

As far as alert, somebody else may do quicker, as I have still backtested this method combined with BAT, I have not come to conclusion yet, it drains my brain. But I really want to help once my things are in order, because I still can't concurrently think both worlds (programming and trading).

About EA, this will require more expertise, better with somebody who want to share the source code, as far as I concern, it took a lot of major refinements before it deserves our attention, and took a lot of knowledgeable testers to bring the issues and will have so many noise from season testers.
  • #24
  • Apr 5, 2007 11:36pm Apr 5, 2007 11:36pm
Quoting scottymoll
Looking at your entries and exits from your statement, none of my charts gave any of the same signals. What time frame are you using? I'm very impressed with your results, I just don't know why I got any of the same buy or sell signals. Thanks!!
Look at what thread you are on. It's my scalping thread. You do not enter as the word doc points out on the "start here" thread.

You enter on a counter trend move. That is why you don't see any trades lined up like you would expect. If the upper TF's are blue I enter when the lower TF is red. That is a simplistic answer. Re-read the thread to see how scalping works using the 4TF HAS BAR indicator for entries.
  • #25
  • Apr 6, 2007 1:52am Apr 6, 2007 1:52am
Quoting steinitz
I'm just wondering for those people that voted that the method was not impressive to please step forward.......
Greetings all. Hello steinitz. My reason for voting as i did is I dug into the HAS indicators and I do not believe they are giving us an accurate real time picture of what price is doing. I did much study on HA candles a year ago and though they can smooth out price on say a 1m or 5m chart, they (IMO) lag to much to be used in much longer TF. Also, it appears that the 4TF indicators are repainting? I have seen this myself during the test period and i believe someone else pointed that out elsewhere.

As for any particular "model" i'm still primarily trading off of S/R, FIBO, and Harmonic Beats on 15m charts during the London morning session. And yes i am continuing to meet my personal plan/goals and enjoying the adventure. After trading i will usually take a nap and maybe get up for the NY open, take another nap then study for 4 to 6 hours... then it's off to my 5 hour nite shift during the Asian morning. I don't need the income from FX, all pips are for compounding and playing on house money at this point anyway.

: ) Thom
  • #26
  • Apr 6, 2007 2:36am Apr 6, 2007 2:36am
Quoting accrete
Greetings all. Hello steinitz. My reason for voting as i did is I dug into the HAS indicators and I do not believe they are giving us an accurate real time picture of what price is doing. I did much study on HA candles a year ago and though they can smooth out price on say a 1m or 5m chart, they (IMO) lag to much to be used in much longer TF. Also, it appears that the 4TF indicators are repainting? I have seen this myself during the test period and i believe someone else pointed that out elsewhere.

As for any particular "model" i'm still primarily trading off of S/R, FIBO, and Harmonic Beats on 15m charts during the London morning session. And yes i am continuing to meet my personal plan/goals and enjoying the adventure. After trading i will usually take a nap and maybe get up for the NY open, take another nap then study for 4 to 6 hours... then it's off to my 5 hour nite shift during the Asian morning. I don't need the income from FX, all pips are for compounding and playing on house money at this point anyway.

: ) Thom

That's interesting we have the same name "Pips Ahoy". I don't agree that HAS can lag on only a certain TF and not another. Also, if the code shows no repainting it will not repaint. Take a look at the source code and you will find that the absence of I+++ data will result in no look back.
  • #27
  • Edited 3:16am Apr 6, 2007 2:51am | Edited 3:16am
Quoting MarcoW
I'm not taking the time to go back and peruse a myriad of various posts, but instead asking if you could you expand a bit on the reason Merlin took away your moderator status in the first place?
Jokerswild was attacking the thread and name calling. I was told by Merlin that he didn't want me to delete posts like other past moderators have. He claims he never said that but he did and I remember that statement. Either way lets say he is right and I am wrong. So what move on and get past it.

After so much abuse from this guy and several emails to Merlin nothing was done. Now he will claim that he would have taken care of it. I decided to delete his posts and I told Merlin by email that I will be deleting him and he can cut me off if he doesn't like it. Remember I said that statement expecting Merlin to be mad at me. But he wasn't upset and didn't mind. Merlin just didn't like my attitude.

If I was actually a threat to this site I would have already done things that would go against the rules (which I have not) or taken traders from this forum (which I have not) or started to charge for my information (which I have not).

This is really a joke since I am doing all this for free asking nothing in return but to help others and this is what I get in return. Being treated like a child who needs to be babysitted.

I don't know what the attraction is for me to stick around here? There are other sites where indicator development is more prominent. I guess I will stick around in the hopes that he realizes that he over reacted. I have three challenges.

1. To see if we can make a simple alert for this method. I can't believe guys like "Matsu" or "4xMaster" can't or won't program one.

2. To see if we can come up with an efficient exit strategy.

3. That "Merlin" get's off his high and mighty horse and do what is best for this forum and you the traders that are here because you find this site desirable. Also I have to believe that the more hits this site receives the more revenue FF can generate from sponsors that want to advertise here. "Merlin tear down your wall"
  • #28
  • Apr 6, 2007 6:11am Apr 6, 2007 6:11am
Steinitz, thxs a million for sharing the great HAS method. I sent Merlin a message for the Moderator issue.
Question : Which are the threads for the HAS system? I want to subscribe to all.
  • #29
  • Apr 6, 2007 8:48am Apr 6, 2007 8:48am
steinitz
For a technique that do not use any indicator, this method is great. Kudos to you. I will be using it for scalping . It's not much different from the technique I've been using. Trade with trend and buy at dips.
  • #30
  • Apr 6, 2007 12:34pm Apr 6, 2007 12:34pm
Steinitz,

Which method did you use to get the results posted in post 19?
  • #31
  • Apr 6, 2007 12:38pm Apr 6, 2007 12:38pm
What do you mean by all one color on the 4hr Tf row? The last 5 squares maybe?
  • #32
  • Apr 6, 2007 12:43pm Apr 6, 2007 12:43pm
Quoting okfx
Steinitz, thxs a million for sharing the great HAS method. I sent Merlin a message for the Moderator issue.
Question : Which are the threads for the HAS system? I want to subscribe to all.
You are here. Go back to the sub forums and you will see HAS mthod. Click on that and you will see all my seperate threads with my name Steinitz.
  • #33
  • Apr 6, 2007 12:49pm Apr 6, 2007 12:49pm
Quoting fxshadow
What do you mean by all one color on the 4hr Tf row? The last 5 squares maybe?
All it takes is one square. By the time you enter you may and probably will see more squares turn the opposite color of the main trend which means you are losing money. But that is what we are expeting. To trade opposite the trend e.g. a dip or rally you will be in a losing position until the trade comes around.

The avoid unnecassary risk that I hapen to be taking since I am hurrying to get in and walk away is to use my "fine tuning entry method". I think I will start a new thread called "Scalping Made Easy Fine Tuning Entry". For now refer back to the **Start Here" thread post #149 for explination.
  • #34
  • Apr 6, 2007 5:50pm Apr 6, 2007 5:50pm
hi steinitz. Thanks for the system. You mentioned it's automatable, has anyone tried to do that?
  • #35
  • Apr 6, 2007 9:44pm Apr 6, 2007 9:44pm
Quoting tradeigel
hi steinitz. Thanks for the system. You mentioned it's automatable, has anyone tried to do that?
Yes it was attempted by 4xMaster. You can see his EA on my other thread entitled "Indicators ". I really can't say if it was programmed properly or not. I did appreciate his work though. I understand it is almost non existent to find an EA that shows consistent profits. This is what I have read.......

Please stick around as you are the person we need on our team to get one programmed once we can all decide on the final rules. So far I have three methods and will have another one soon that will fine tune the scalping technique with a better entry.

Please be patient and read what you can and ask me questions so we can program this to see how it performs. I will give you my personal email.

Have a great weekend!
  • #36
  • May 15, 2007 3:29am May 15, 2007 3:29am
Steititz,
Many thanks.
  • #37
  • May 15, 2007 9:06am May 15, 2007 9:06am
aid… I do not succeed to put the indicator. someone power to help?

thank you
marcello
italy
  • #38
  • May 15, 2007 9:39am May 15, 2007 9:39am
...to use metatrader...
  • #39
  • Jun 20, 2007 9:13am Jun 20, 2007 9:13am
Quoting steinitz
For these people that voted that don't understand I would like to hear what it is you don't get?
brankota, dem_z, Gwan, kptMisiu, Rosco_P, rsl1962, Tulkas, Ultimate4X, USD Hunter
ah sorry, i just try once.... i ussualy do grid trading, indicator always pump my heart beat faster
  • #40
  • Jun 21, 2007 12:31am Jun 21, 2007 12:31am
Steinitz,

Glad to see you back.... I'm confused with your rules. Can you please post a clear discription of your system?


Thanks,
B.
"Skills pay the bill's!"
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