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C4 Scalping

  • #601
  • Jul 14, 2009 7:39pm Jul 14, 2009 7:39pm
Well put Edge!!
Thank you for showing the way...... for those of us that are willing to follow.
  • #602
  • Jul 14, 2009 7:41pm Jul 14, 2009 7:41pm
Quoting 4xStar
Hey Chris .. very useful indy! Can you make one that shows the London open times (I have the Tokyo one) or can this one be modified (and do a save as) to adapt to UK and US trading times?
I will make note of this post as many keep asking about trading times, will be useful to refer them to your post.
Try this:
Attached File(s)
File Type: mq4 Sessions.mq4   8 KB | 579 downloads
  • #603
  • Jul 14, 2009 7:57pm Jul 14, 2009 7:57pm
Quoting Edgetrader
First off, the lesson plan for today requested chart shots from trading efforts. GOLD STARS to Chris B., DXTrade (15m), iansr1 and gutek04, and revrobwimb (Monday), TG and Roto7gl.

[color=black]GREEN STAR to BoyFromOZ -...
Hi Edge...

I have looked closely at a few of your charts and it appears that you don't always trade the first break of the 12 LWMA. Do you typically wait for a retest of the line before you push the plunger?
  • #604
  • Jul 14, 2009 7:57pm Jul 14, 2009 7:57pm
Just an observation that may be of help to some others who are wondering what the difference is between the settings on the fabulous trix indicator made by Swingman, and the different settings that TG brought up. For the person who asked how to change them, you have to open the indicator, and change it that way. Please PM me if you need help.

This is a half hour chart. Note the changed trix gives signals either the same, or a bar or even two earlier. In my manual checking of whether or not these earlier indications were better, I find that they were, at least for the EU andfor this particular time period. I assume this will hold true for other pairs. NOTE this is a half hour chart, and if you use these settings on a 5 minute chart, I can't guarantee what would happen. I only post this as a matter of interest for anyone to do their own tinkering.

Also of interest is that the Trend Magic line, while being helpful, seriously lags the new and fabulous trix. Anne mentioned she uses only the trix. Maybe the attached chart is the reason why? Doesn't look like much else is needed other than the 14 LWA, does there?

I think someone else pointed this out already....perhaps in the very first post??

PS (pay no attention to the arrows and numnbers on the top part of the chart. They are form another system)
Attached Image (click to enlarge)
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  • #605
  • Jul 14, 2009 7:59pm Jul 14, 2009 7:59pm
I'm loving this system so far, very concise and easy entry's. I can only trade Asia so I'll definitely give the system a thorough test


After reading every single post, it's amazing how people survive on these forums with the amount of drama... LOL.


Basically i'm waiting for TrendMagic + Heiken-Ashi Candles forming above/below 12WMA and a signal alert from SwingMan UltraSuperTrix.

I'm also looking at a decent amount of volumes and nice rolling lobe action from Trix. Hopefully I'm trading this correctly

Attached Image (click to enlarge)
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  • #606
  • Jul 14, 2009 8:01pm Jul 14, 2009 8:01pm
Quoting ranger
Obvioulsy you want to fight, talking about male insecurities, I am sure TG can defend herself. I know your a women and we all hear ya roaring. TG is trading, making money, yet you need proof. Maybe if you worked as hard as you whine on here you would be able to figure it out. Good day ma'am.

Not worth replying to your post RANGER

Happy trading!
  • #607
  • Jul 14, 2009 8:03pm Jul 14, 2009 8:03pm
You too , we can both go about our business here in this thread, with out disturbing anyone else. I wish you good pipping as well.
  • #608
  • Jul 14, 2009 8:30pm Jul 14, 2009 8:30pm
Not sure whether I was the one you were isolating.....

Asking for an original chart from TG like everyone else's posts can generate such energy..... WOW! I certainly did not ask for any secrets by requesting a NORMAL original chart of her trade.

I have had my golden carrot along time ago, I do like your simple and powerful strategy and augmented with swingman's additions to the TRIX.

Many thanks again!
  • #609
  • Jul 14, 2009 8:47pm Jul 14, 2009 8:47pm
Quoting paradoxical
Just an observation that may be of help to some others who are wondering what the difference is between the settings on the fabulous trix indicator made by Swingman, and the different settings that TG brought up. For the person who asked how to change them, you have to open the indicator, and change it that way. Please PM me if you need help.

This is a half hour chart. Note the changed trix gives signals either the same, or a bar or even two earlier. In my manual checking of whether or not these earlier indications were better, I find that they...
Thanks for the comparison. I do see the earlier signals, but at the same time I see more false signals for the E,E,E Trix setting. I'm going to have to go with what Edge said and stick to the MME setting untill making consistent +10's.
  • #610
  • Jul 14, 2009 9:00pm Jul 14, 2009 9:00pm
Quoting fxshadow
Thanks for the comparison. I do see the earlier signals, but at the same time I see more false signals for the E,E,E Trix setting. I'm going to have to go with what Edge said and stick to the MME setting untill making consistent +10's.

I agree with you. I use the default settings.(MME)
  • #611
  • Jul 14, 2009 9:09pm Jul 14, 2009 9:09pm
Edge I would post more chart and I am trading this live. But I quit smoking 2 weeks ago and am still on edge and pissy. Plus I have in the past posted a lot of charts on other threads and kept my own journal and really it lead to trouble and ended up a big distraction to my trading. So I'm here in the shawdows, I will post every once in a while. But prefer to just lurk. Here's my take on your set up and whats making me pips currently.
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  • #612
  • Jul 14, 2009 9:09pm Jul 14, 2009 9:09pm
Yes. I agree. Would probably be even more pronounced on a 5 minute chart as far as "false" signals making you get in and out more often, costing you the spread. Perhaps the setting TG uses is better for only the one hour time frame? It's times like these I wish I was a math major.
Quoting fxshadow
Thanks for the comparison. I do see the earlier signals, but at the same time I see more false signals for the E,E,E Trix setting. I'm going to have to go with what Edge said and stick to the MME setting untill making consistent +10's.
  • #613
  • Jul 14, 2009 9:17pm Jul 14, 2009 9:17pm
Quoting paradoxical
Yes. I agree. Would probably be even more pronounced on a 5 minute chart as far as "false" signals making you get in and out more often, costing you the spread. Perhaps the setting TG uses is better for only the one hour time frame? It's times like these I wish I was a math major.
TG is also using range bars which might work better with the EEE setting.
  • #614
  • Jul 14, 2009 9:43pm Jul 14, 2009 9:43pm
Quoting paradoxical
Yes. I agree. Would probably be even more pronounced on a 5 minute chart as far as "false" signals making you get in and out more often, costing you the spread. Perhaps the setting TG uses is better for only the one hour time frame? It's times like these I wish I was a math major.

Just a thought but maybe just trading in the direction of the 1H TRIX may help. It could prevent alot of those false signals on the M5 and get you in early on the good ones.
  • #615
  • Jul 14, 2009 9:48pm Jul 14, 2009 9:48pm
Keep in mind that the trix arrow goes off and on during the candle, so you really have to figure the entry after the arrow. Even at that, using the trix alone, figuring the bar after the arrow (on the half hour chart) would make you a winner, unless you're in a ranging market. If you're entering on a 5 minute time frame, and it matches the longer time frame, that's almost always a better trade than going against the longer term time frame.
Quoting Bam Bam
Just a thought but maybe just trading in the direction of the 1H TRIX may help. It could prevent alot of those false signals on the M5 and get you in early on the good ones.
  • #616
  • Jul 14, 2009 10:05pm Jul 14, 2009 10:05pm
Quoting paradoxical
Keep in mind that the trix arrow goes off and on during the candle, so you really have to figure the entry after the arrow. Even at that, using the trix alone, figuring the bar after the arrow (on the half hour chart) would make you a winner, unless you're in a ranging market. If you're entering on a 5 minute time frame, and it matches the longer time frame, that's almost always a better trade than going against the longer term time frame.
Yeah I understand that the trix will do that. Sorry but maybe I didnt totally understand where you were coming from before I decided to open my trap, lol. Anyhow good luck trading brotha
  • #617
  • Edited Jul 15, 2009 12:58am Jul 14, 2009 10:07pm | Edited Jul 15, 2009 12:58am
Would you just be able to make your smSuperTrix so
its optional at least that the alarm goes off only at the close
of the candle? So there would be no alert till the trix
cross is confirmed by close of candle?

I would appreciate if possible.. much easier to use
and multi-pair friendly.

thanks!

Brian
  • #618
  • Jul 14, 2009 10:27pm Jul 14, 2009 10:27pm
Hello people. I will be joining the party here. Here is my setup. I've been trading for 4 years but still unsuccessful. I'm hoping this will change very soon with some constant explosions.

I'm using all the same primers and detonators because I'm not that good trading yet to feel like I can see entries on multiple indicators.
Attached Image (click to enlarge)
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  • #619
  • Jul 14, 2009 10:51pm Jul 14, 2009 10:51pm
Quoting ranger
ok thanks coming from someone whose name says it all oxy MORON.
I concur you're an IDIOT..........

Keep it on subject if you want to punch up over what was said then open a thread and go nuts.
  • #620
  • Jul 14, 2009 10:56pm Jul 14, 2009 10:56pm
Quoting >Apocalypto<
I concur you're an IDIOT..........

Keep it on subject if you want to punch up over what was said then open a thread and go nuts.

I was trying to protect the integrity of the people on here douche bag if you dont like it, leave! Hence another wannabe trader whining.
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