FX-50 Great Scalping System | Page 116 | 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

  • #2,301
  • May 2, 2009 1:45pm May 2, 2009 1:45pm
Hello Jazz1964,

Wow, I just place the Ribbons template on a 1H GU chart and it's amazing how accurate it is...

BTW, do you know how I can obtain the Primajaya OverRSI(13) indicator? I saw it on a forum, but I can't discover how to download it.

Thanks again, Jazz1964.

=D
  • #2,302
  • May 3, 2009 2:20pm May 3, 2009 2:20pm
Quoting jicssbr
Hello Jazz1964,

Wow, I just place the Ribbons template on a 1H GU chart and it's amazing how accurate it is...

BTW, do you know how I can obtain the Primajaya OverRSI(13) indicator? I saw it on a forum, but I can't discover how to download it.

Thanks again, Jazz1964.

=D
.

Hi,
Picture will be cool along side with your explaination.
Real pips.
  • #2,303
  • May 3, 2009 2:29pm May 3, 2009 2:29pm
Hello Real,

If you look at page 126 (and some of the surrounding pages), you'll see many pictures of the "Ribbon" type of indicator I commented on. Hope this helps.

=D
  • #2,304
  • May 3, 2009 3:03pm May 3, 2009 3:03pm
Look at page 153 in this forum for a brief explanation from Jazz about how to trade this strategy as well as for excellent pictures of the Ribbons and other indicators that make up the system. Also, download the system files along with the PDF (the PDF is full of additional system pictures) in post #1.

Hope this helps as well.
  • #2,305
  • May 4, 2009 1:32am May 4, 2009 1:32am
Goodday everybody!

This morning:
EURUSD found support on pivot level
support on TF1 zone
61,8% fibo resistance broke while price found support on Kijun Line
Lower FXPrime already green and higher FXPrime green after small retracement
CCI nice retracement and new strength above 67

This was a Long High Probability Trade Signal
I hope you took it!
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 51 KB
Trading S/R with PA only. No indicators anymore!
  • #2,306
  • May 4, 2009 7:36am May 4, 2009 7:36am
Hello Jazz,

Nice trade and thank you for sharing it with us. I was wondering how you get those black boxes to display around the pivot level and the 61.8 fibo level. Did you draw them in manually or are they automatically drawn?

Also, my charts don't show the red and blue entry signal dots. I'm using the non-colored charts from post #1 which may not have those dots included in the template for the non-colored system.

Thanks Jazz.
  • #2,307
  • May 4, 2009 7:50am May 4, 2009 7:50am
Hello Jazz,

Do the Buy/Sell arrows in the price action window repaint?

Thanks again.
  • #2,308
  • May 4, 2009 7:56am May 4, 2009 7:56am
Quoting jicssbr
Hello Jazz,

Nice trade and thank you for sharing it with us. I was wondering how you get those black boxes to display around the pivot level and the 61.8 fibo level. Did you draw them in manually or are they automatically drawn?

Also, my charts don't show the red and blue entry signal dots. I'm using the non-colored charts from post #1 which may not have those dots included in the template for the non-colored system.

Thanks Jazz.
The arrows repaint, yess.
About the dots, I think you don't have placed Priceseries.mqh in your metatraderexpertsinclude folder. It's in the zipfile.
The black ractangles are one of the standard drawing tools from your metatrader software. You can draw lines, circles fibonacci levels and text etc.
Trading S/R with PA only. No indicators anymore!
  • #2,309
  • May 4, 2009 8:02am May 4, 2009 8:02am
Thanks Jazz. Yes, I do have that file in the proper folder so I'm not sure why I'm not seeing the dots. I'll play around with it to see if I can get them to appear. Which template are you using to get those dots?
  • #2,310
  • May 4, 2009 8:26am May 4, 2009 8:26am
[IMG]file:///C:/DOCUME%7E1/Owner/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]I deleted and replace the PriceSeries file in the Include folder and restarted MT4 and I still cannot see the dots in my charts. BTW, I'm using the ActionTrade 3.12 template. I tried to attach a screen shot of my charts using Paint.

Finally, how do you post screen shots in the body of your post?

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot - Still no dots 5-09.JPG Size: 204 KB
  • #2,311
  • May 4, 2009 8:27am May 4, 2009 8:27am
Well, I guess I now know how to post screen shots in the body of my posts.

=D
  • #2,312
  • May 4, 2009 8:46am May 4, 2009 8:46am
Quoting jicssbr
I still cannot see the dots in my charts. BTW, I'm using the ActionTrade 3.12 template. I tried to attach a screen shot of my charts using Paint.

Finally, how do you post screen shots in the body of your post?

Thanks.
The dots are from FXprime_V2 Final-JE.mq4 indicators. it should be two times at your chart. Strange if it doesn't appear.

In your main file menu you can choose 'save as picture' in gif format. That's how we make photo's.
Trading S/R with PA only. No indicators anymore!
  • #2,313
  • May 4, 2009 8:54am May 4, 2009 8:54am
=D
  • #2,314
  • May 4, 2009 9:25am May 4, 2009 9:25am
Hmmm...I'm also missing the navy blue line in the price action window.
  • #2,315
  • May 4, 2009 11:34am May 4, 2009 11:34am
Quoting Jazz1964
Hi Kino,
yes it would be great if you can post a version without sma50, RSI, ADX.
And only CCi89 in it.
I really like your monitor indicator, while it shows the position of current price to the ribbons, also when the ribbons are out of my screen. So no guesswork or shifting the scale is required! Great Kino!
because i have send 2 versions =
#kino_monitor.mq4 & #kino_monitor_v2.mq4 i have nothing to do
those who want RSI ADX etc ... version2
and the other version #kino_monitor.mq4 look at few posts before or use paperclip files

kino
  • #2,316
  • Edited 12:20pm May 4, 2009 11:55am | Edited 12:20pm
Quoting kinonen
because i have send 2 versions =
#kino_monitor.mq4 & #kino_monitor_v2.mq4 i have nothing to do
those who want RSI ADX etc ... version2
and the other version #kino_monitor.mq4 look at few posts before or use paperclip files

kino
Yes that's true.
The entryCCI isn't used, but it is okay to have it.
The only thing we have to do after attaching is setting
CCI 79 to CCI 89 in the properties and
CCI 24 to CCI 21
Trading S/R with PA only. No indicators anymore!
  • #2,317
  • May 4, 2009 12:16pm May 4, 2009 12:16pm
Quoting jicssbr
Hmmm...I'm also missing the navy blue line in the price action window.
I think you have to download the ! actiontrade v3.12- fx50 system 1 min full colour template from post#1. Everything is in it. Try that one...
Trading S/R with PA only. No indicators anymore!
  • #2,318
  • May 4, 2009 12:25pm May 4, 2009 12:25pm
I want to thank everyone for their contributions to this thread. The indicators are very strong and it's up to each of us to be able to interpret them according to our goals and to exit according to the plan. Now, that's the problem I've been having. I only trade "live" and at full lots, so this is real money! My trading success is at 80% which to me is acceptable. Normally my entries are "right on" and I'm not retracing more than a few pips. But there are times when the exit is not real good. I wait a bit for it to turn and then the loss ends up bigger than I need. I know there have been responses written regarding a 20 pip stop loss, but sometimes that's huge and could have been cut much sooner. I know, if my entries are normally very good, I probably should exit pretty quickly when I see it not working, but sometimes that price does come around and do what you believed it would.

My guess is some of you have encountered the same thing. If not, you are trading wizards and I compliment you! If you have experienced this, what is the indicator/criteria you use to exit and just admit it wasn't the best executed trade? Any thoughts you folks have would be greatly appreciated.

I look forward to the continuation of this thread, because it has helped clear up some other inconsistencies in my trading plan. Thanks again.

Steve
  • #2,319
  • May 4, 2009 1:05pm May 4, 2009 1:05pm
Ok Jazz, I'll try the color download and see if that gives me the Navy line and B/S Dots.

Thanks.
  • #2,320
  • May 4, 2009 7:52pm May 4, 2009 7:52pm
Kino,

Would you mind adding a spread info to the kino_monitor? and also sharing the mq4 version would be useful as I'd like to personalize its look more...

Thanks.
1 trader viewing now