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C4 Scalping

  • #1,061
  • Jul 16, 2009 4:10pm Jul 16, 2009 4:10pm
Quoting TudorGirl
Hi All

Jilly - do you remember the Great Yorkshire Show at Harrogate? This week was the 151st annual show and I spent ALL DAY there. Weather fantastic and all the usual attractions. Ate far too many free samples in the food tents!


Anne
Hi Anne

Yes I remember it well. We had a caravan when I was young and one time we stayed at a caravan park near the show. I think that year it rained for the entire three days of the show and the caravan was sinking lower and lower into the ground. My dad made friends with the chap opposite who had a landrover - just in case - but then he ended up going home the day before us, so we ended up having to push the caravan out.

Sorry this is off topic everyone.
  • #1,062
  • Jul 16, 2009 4:11pm Jul 16, 2009 4:11pm
Quoting crashout
137,

Please, can you post the zero alpha indicator, it looks very interesting.

Thanks !
It's in post #916
  • #1,063
  • Jul 16, 2009 4:12pm Jul 16, 2009 4:12pm
Quoting crashout
137,

Please, can you post the zero alpha indicator, it looks very interesting.

Thanks !
yup, already did

click on the paper clip at the top of the page and you should find it...
change the future, not the past
  • #1,064
  • Jul 16, 2009 4:18pm Jul 16, 2009 4:18pm
Quoting TudorGirl
Hi Max

On the H1 I just set SL=1xATR(14). On the 5-pip Renko I am setting around 5 bars or 25 pips.

I think the results are poor at this stage because the SL/TP is not optimised in any way. Just my first guess.

Anne
Hi Anne

Interesting - I was looking at a SL=1.25xATR(14) for the SL on the Gpb/Usd 1 hour charts. I was also looking into taking half the trade off at +50 pips, moving the stop to break-even on the remaining part and letting it run until price closed the opposite side of the 12WMA.
  • #1,065
  • Jul 16, 2009 4:25pm Jul 16, 2009 4:25pm
Quoting Damo12
...Unfortunately, its hard to guess the top of the peak...
I agree, thus the request from Swingman to colour code with arrows and alerts ( pop-up and email at CLOSE of candle)as usual.

Swingman has kindly agreed to help the human eye.

A further reasoning of using the combination of trix (or similar) with an MA(or derivative) for entry and exit.

Always pick indicators from different famililies as they give different information.

TRIX: trend following,oscillator,momentum. shows trend strength, loss of momentum (leading indicator in divergences)as well as OS and OB zones.

Can be used as signals when zero line is crossed as in MACD or use peaks and valley tips.

MA: trend of the average number of past bars. The hull is the best non-lag MA and so from the family of MA the better on to use.
  • #1,066
  • Jul 16, 2009 4:27pm Jul 16, 2009 4:27pm
Hey Indy,
Days like that, well we deal with...right? Better tomorrow, maybe.
There is a lot of room to move up, but I wonder...you know, it being Friday...and no real market moving news scheduled and all.
Are you thinking that securities, bonds, etc. will be enough to push the GU and EU further up tomorrow? They're up about 500 and 300 pips respectively over the last weeks trading. I was thinking that the FX market may just rest and kinda give back some of the recent gains into the weekend.
Got any thoughts on what might do the moving here.
Cliff

Quoting Indrek
What a terrible day it has been today... Market is like in coma...
I have two positions open - GU from yesterday and EU from this morning. Right now GU is at +15 and EU +63 pips ONLY.
As uptrend will continue tomorrow, I will not close the positions for the night (what I usually like to do) as targets will be reached for sure. (I believe )
I get exercise just pushing my luck
  • #1,067
  • Jul 16, 2009 4:27pm Jul 16, 2009 4:27pm
This is what I'm using and have for about a year now. It has helped me on many trades to be heading in the right direction. I love after a move starts to trade the bounces off the 34 and 55 guppy
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jul. 16 14.23.jpg Size: 188 KB
  • #1,068
  • Jul 16, 2009 4:28pm Jul 16, 2009 4:28pm
the 2 guppys
Attached File(s)
File Type: mq4 !!guppy34.mq4   2 KB | 745 downloads
File Type: mq4 !!guppy55.mq4   2 KB | 760 downloads
  • #1,069
  • Jul 16, 2009 4:37pm Jul 16, 2009 4:37pm
Hey, glad your posting here. You've a great deal of experience to share.
Thanks for posting those Guppies...I lost mine when my CPU went down awhile back.
Hear much from Flemenco and Canuck?
Look forward to your further posting here.
Cliff

Quoting f4mnect
the 2 guppys
I get exercise just pushing my luck
  • #1,070
  • Jul 16, 2009 4:45pm Jul 16, 2009 4:45pm
I went into hiding lol about march and really have been living life. I was trading way to much and my journal was taking a hugh amount of time. I like lurking, trading my 3 set times, banking my pips and then turning off the comp and having fun. Good luck my friend
  • #1,071
  • Jul 16, 2009 4:45pm Jul 16, 2009 4:45pm
Quoting 137
hi i'm glad i shared something of interest to you!
Hi, 137. Do you have a link to a web page/site that has information on iZeroAlpha and its settings? Thanks, in anticipation.
  • #1,072
  • Jul 16, 2009 4:49pm Jul 16, 2009 4:49pm
Nice place to be...I'm still working at getting there...
Enjoy the weekend.
Cliff

Quoting f4mnect
I went into hiding lol about march and really have been living life. I was trading way to much and my journal was taking a hugh amount of time. I like lurking, trading my 3 set times, banking my pips and then turning off the comp and having fun. Good luck my friend
I get exercise just pushing my luck
  • #1,073
  • Jul 16, 2009 4:50pm Jul 16, 2009 4:50pm
Does anyone know why the MTF Trix indicator has stopped giving me audible or text alerts when an arrow appears? I used to get them, and now I'm not. The "Draw Signals" and "Alert Signals" boxes I've checked as true. I'm doing some research and need the sound or text alert to complete it, and for some odd reason the alerts don't work. As a test, I loaded other indicators that give sound and text alerts, and they work fine.
Anyone?
BTW, the iZero indi is very good at filtering trades. It does lag a bit, but is still good to keep you out of, or in a trade.
  • #1,074
  • Jul 16, 2009 4:54pm Jul 16, 2009 4:54pm
Quoting nisha4x
when 200 ema is flat, it means no trade zone, wait for a breakout and confirm this break with trix and take the ride

example, is the chart, see how the ema was flat till about 6:30 am GMT and then the downtrend.
IS it correct that in this image you have added the TFT indicator aka SSL or Gann HiLo which was not in your previous images post #953?

Are you trading with this indicator too ?

What is the MA hugging on price? 5 EMA? How are you using this?

Attached is the image with sm trix v1 and sm C4 Scalper Signals v1,TFT and 200EMA.

1. I have highlighted the divergence on TRIX which ia a great filter.
2. The 123 pattern (PA) after the divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: c4 with tft.gif Size: 19 KB
  • #1,075
  • Jul 16, 2009 5:00pm Jul 16, 2009 5:00pm
Quoting SwingMan
The TRIX Peeks & Valleys version for you.
.
Will test it out.

Thanks
  • #1,076
  • Jul 16, 2009 5:02pm Jul 16, 2009 5:02pm
Quoting SkyzerFX
3 pips - real good, I never saw less than 4 pips on mine
I'm afraid that 4 pips is pretty poor for G/U. Some people can even trade G/J for that - not mine though they charge 8.

Most brokers will do G/U for 3 pips or less - unless they pay 'Intoducing Brokers' to funnel traders their way

Ian.
  • #1,077
  • Jul 16, 2009 5:14pm Jul 16, 2009 5:14pm
Quoting lrathi
....
A further reasoning of using the combination of trix (or similar) with an MA(or derivative) for entry and exit.

Always pick indicators from different famililies as they give different information.

TRIX: trend following,oscillator,momentum. shows trend strength, loss of momentum (leading indicator in divergences)as well as OS and OB zones.

Can be used as signals when zero line is crossed as in MACD or use peaks and valley tips.

MA: trend of the average number of past bars. The hull is the best non-lag MA and so from the family...
Hi Irathi,
From what I have seen, the Jurik (mark 20 is the best non-log MA - but it costs.
Other good ones are the digital ones, but of course you need a program to analyze the price signals before you can build the MA. Oh, and the re-paint as well. So if you know the average cycle, then it is simplest to use an MA with a period of half of that.

If you want ot know more, go to the digital signals thread in the tsd forum or ask TG or Codebreaker.

Ian
  • #1,078
  • Jul 16, 2009 5:20pm Jul 16, 2009 5:20pm
There are free Juriks available, I don't know how good they are compared to the paid one, but I know from experience they hug the price action and turn much faster than the hull.
  • #1,079
  • Jul 16, 2009 5:21pm Jul 16, 2009 5:21pm
Just messing about with PA as I take care of more important things around the house.
Chocked up another +45 pips.
Very easy to see potential direction and pull the trigger...
if I'm wrong, then just kill the trade to minimize damage.
Good trades to all.
Cliff
Attached Image (click to enlarge)
Click to Enlarge Name: ad.gif Size: 105 KB
I get exercise just pushing my luck
  • #1,080
  • Jul 16, 2009 5:23pm Jul 16, 2009 5:23pm
Quoting nisha4x
Attached is a chart which shows divergence in Price and TRIX, this can be utilised if watched carefully for making tons of pips

just another way of looking at making pips, as traders we got to be aware of such basic knowledge if we want to surive in this jungle, where we are the small prey.
Good to see another divergence trader with C4

In the past I know the usefulness of TFT which I see again in your charts.

For those MTF traders

Find MTF SSL also known as Gann HILo and TFT
Attached File(s)
File Type: ex4 SSL_fast_sBar_alert_mtf.ex4   6 KB | 676 downloads
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