DislikedHey Famenco143,
A while ago, I found an really interesting indicator that is good in detecting entries. The indicator does not take up that much space, try it. it's basically the MACD. (if you need a pic, let me know.)
D.Ignored
Woodies CCI with a 5 min scalping 50 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies
Scalping techniques on 1 Min chart 26 replies
15 min indicator on 5 min chart 3 replies
DislikedHey Famenco143,
A while ago, I found an really interesting indicator that is good in detecting entries. The indicator does not take up that much space, try it. it's basically the MACD. (if you need a pic, let me know.)
D.Ignored
DislikedThe only thing I changed was to substitute the regular candles for Randy Candles and add a Slope Direction Trend Line. If it helps you make some pips great! Oh, and I (though I hide it) include the QQEv5 for an alert when the 50 line is crossed. Then I don't have to sit and monitor price action every second prior to a trade, as long as I'm within hearing distance.Ignored
DislikedHi Flamenco how is it going, well talking about alerts here is a sound i use for my alerts gets my attention it is from the old tv series "emergency" from the 70's. It it there firehouse alarm that goes off when they would get a call. Good old engine 51.Ignored
DislikedHi Flamenco how is it going, well talking about alerts here is a sound i use for my alerts gets my attention it is from the old tv series "emergency" from the 70's. It it there firehouse alarm that goes off when they would get a call. Good old engine 51.Ignored
DislikedThanx fx - but some reason I'm having trouble opening zip files. Computer glich on my end. May be a good thing cause if I'm sleeping in my office waiting for a good ol' Dong Doing' to wake me and I get a fire alarm alert instead I'd probably have to change my lucky rocketship underpants!
Avi - Thanx on the 15-1. It does look better and a faster response for the 1M!Ignored
DislikedHey Famenco143,
Can I ask you a question?
How did you overcome the psychological barrier of exiting a trade to early?
Experience?
D.Ignored
DislikedWow - hell of a question Dirk. At the risk of sounding glib, which I don't mean to, I rarely exit a trade at the 'right' time. 20/20 hindsight shows I either stayed in too long, or jumped out too early, seldom at the right time.
Sorry to be so lengthy in my response - but it was important I felt to be clear on my 'why' as I was on the 'when'.Ignored
DislikedThe only thing I changed was to substitute the regular candles for Randy Candles and add a Slope Direction Trend Line. If it helps you make some pips great! Oh, and I (though I hide it) include the QQEv5 for an alert when the 50 line is crossed. Then I don't have to sit and monitor price action every second prior to a trade, as long as I'm within hearing distance.Ignored
DislikedThanx for the info Avi. I've read John Ehlers book on the Modified Optimum Elliptic Filter (Imax) and it was primarily designed to be used on the much higher time frames.
But in reality - it appears to me to be just another indicator which doesn't reveal anything more than what your eyes and brain can tell you when you look at price action. All Imax does is follow price action after the fact. You have pretty lines that don't show any useful information necessary to scalp, very similar to the Slope Trend Direction Line I use which also just shows...Ignored
DislikedAfter reading this thread which seems like a good story for a movie ¤sigh¤ I want to thank Canadian dude for his efforts..
Here is the Unlocked version, and it is slightly different from the FX prime filter ..simply change the account number in the source code and happy trading =)
Feel free to ask if you need to convert and get the sources from EX4 To MQ4.. and it is free of charge though..computer sciences is made to be free =)
Cheers and happy tradingIgnored
DislikedHello,
I am about 1 year old to trading forex and am looking for a 1min scalping system. I've read through most of this tread and it seems very promising.
My question: I would like some help in setting this up in a backtesting software such as Forex Tester. Does anyone have any experience in setting up this system in Forex Tester that can help me setup the indicators?Ignored