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C4 Scalping

  • #6,921
  • Aug 17, 2009 10:06am Aug 17, 2009 10:06am
Quoting Edgetrader
Are your arrows formed before or after the brick closes?

Regards.
My arrows are formed exactly when the cross of momentum occours...with my settings very often the arrow appear one brick before the DX arrow because is only momentum, no trix and no moving average. But this means also some false signals...i have to find the best way to filter out this issue..

Dx arrows wait for triple confirmation, momentum, trix and ma...
Market is like a puzzle, YOU have to fit the pieces!!
  • #6,922
  • Aug 17, 2009 10:11am Aug 17, 2009 10:11am
Quoting ap2009
Not a great start to the week at all. I was looking at the Asian/London overlap and put on a few trades with mixed results. Then when the US session began I think I carried over with me the frustration and growing impatience which affected my focus and discipline.

I'm definitely still getting used to the fact that whilst we have 4 highly correlated pairs, anything can still happen. E.g. the way the pairs move...sometime one pair like the UJ is doing the complete opposite of the other 3...other times it's another pair... Also, noticed that although...
Trading C4 on the Asian/London overlap is not preferred as you know. There is naturally some better volatility, but that is about all. Not as consistent as the L/U.S. overlap.

Regards.
  • #6,923
  • Aug 17, 2009 10:15am Aug 17, 2009 10:15am
Quoting Chris_B
My arrows are formed exactly when the cross of momentum occours...with my settings very often the arrow appear one brick before the DX arrow because is only momentum, no trix and no moving average. But this means also some false signals...i have to find the best way to filter out this issue..

Dx arrows wait for triple confirmation, momentum, trix and ma...
When the arrow appears, how often does a 10 tic brick form?

With DX, we simply need to know how often a 10 tic brick is formed AFTER his arrow appears.

Do not be concerned on trend at this time. Just run the numbers over a couple of months and let me know. Just need a ballpark figure here.

Regards.
  • #6,924
  • Aug 17, 2009 10:17am Aug 17, 2009 10:17am
Quoting Edgetrader
When the arrow appears, how often does a 10 tic brick form?

With DX, we simply need to know how often a 10 tic brick is formed AFTER his arrow appears.

Do not be concerned on trend at this time. Just run the numbers over a couple of months and let me know. Just need a ballpark figure here.

Regards.
ok...i will do a backtest in the next hours..
Market is like a puzzle, YOU have to fit the pieces!!
  • #6,925
  • Aug 17, 2009 10:20am Aug 17, 2009 10:20am
Done & dusted for today.
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  • #6,926
  • Aug 17, 2009 10:21am Aug 17, 2009 10:21am
Hope some were able to catch this last down move .. arrow signals were clear and even the UJ joined in.
I like this new DX indicator & am sure I'll like it even more once it is perfected. Thanks DX! And Chris for adding the SMI to our pot.
******************* I'd rather make money than be right.
  • #6,927
  • Aug 17, 2009 10:26am Aug 17, 2009 10:26am
Quoting 4xStar
Hope some were able to catch this last down move .. arrow signals were clear and even the UJ joined in.
I like this new DX indicator & am sure I'll like it even more once it is perfected. Thanks DX! And Chris for adding the SMI to our pot.
Not my asset...but is Jackson101 that introduced IndexedMomentum...i've only modified it with arrows..
Market is like a puzzle, YOU have to fit the pieces!!
  • #6,928
  • Aug 17, 2009 10:33am Aug 17, 2009 10:33am
After reading directional changes to the thread over the weekend, I made the move to Renko charts. My trades are not stellar by any means. Am still getting used to PA on this chart setup.
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4XTrader2
  • #6,929
  • Aug 17, 2009 10:38am Aug 17, 2009 10:38am
Had some trouble today...but still made my 2% (1,96% ) for the 4th consecutive day..

The first lose (-14)...i was right...but had not faith...

The second lose (-26)..had faith...but was wrong

The B.E. ...because CHFJPY was very boring in PA...

Some trades don't match perfectly becaus i had to restart my platform due to a long disconnection with server..
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Market is like a puzzle, YOU have to fit the pieces!!
  • #6,930
  • Aug 17, 2009 10:41am Aug 17, 2009 10:41am
Im not a fan of the brick charts but Here is my day using C4. I think that these are great. Saw some hesitation on the EY and GU so I got out of those two early but the EU and AU went for a couple extra so Im done. Still demo but if this keeps up for a couple more weeks than Ill check it on live.
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  • #6,931
  • Aug 17, 2009 10:42am Aug 17, 2009 10:42am
+15 live... Thanks Edge
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  • #6,932
  • Aug 17, 2009 10:45am Aug 17, 2009 10:45am
[quote=FrankenPip;2958945]From post #1:

Hi FrankenPip
could you post that little c4 scaler p c d indi Please
  • #6,933
  • Edited 11:03am Aug 17, 2009 10:51am | Edited 11:03am
[quote=paulw6182;2961306]
Quoting FrankenPip
From post #1:

Hi FrankenPip
could you post that little c4 scaler p c d indi Please
Hi paulw6182:

I don't use any "indicators" to scalp. Things kept changing and that didn't suit me so I figured out something else.

The bomb meter captures the essence of the original C4 technique's primer, charge and detonator. Someone already posted the bomb meter. Look in the attachments of this thread. (http://www.forexfactory.com/showpost.php?p=2954225&postcount=6626)
If you only trade long, then you can't always be wrong.
  • #6,934
  • Aug 17, 2009 11:05am Aug 17, 2009 11:05am
[quote=FrankenPip;2961326]
Quoting paulw6182

Hi paulw6182:

I don't use any "indicators" to scalp. Things kept changing and that doesn't suit me.

Someone already did post the bomb meter indicator. Look in the attachments of this thread. (http://www.forexfactory.com/showpost.php?p=2954225&postcount=6626)
well i think it is the c4 simple scalper indicator but when i put it on the chart it just shows a skull and cross in the bottom right corner
  • #6,935
  • Aug 17, 2009 11:09am Aug 17, 2009 11:09am
Hello

I have been reading this thread for a while, I also have been using the C4 system, I have made money using the C4, and lost money in some bad trades and I have to admit the bad trades always happens after I do something really stupid. I would very much like to use the Nitro, with the Renko charts, but for the life I cannot find anywhere to buy it. Can somebody point me to a url as to where to buy a Renko charting package. I have been to xtick, but I use MT4, and I see all the charts here are using MT4, so I need to buy that Renko indicator or whatever it is. Please help

Thank you
  • #6,936
  • Aug 17, 2009 11:16am Aug 17, 2009 11:16am
Quoting zxpips
Hello

I have been reading this thread for a while, I also have been using the C4 system, I have made money using the C4, and lost money in some bad trades and I have to admit the bad trades always happens after I do something really stupid. I would very much like to use the Nitro, with the Renko charts, but for the life I cannot find anywhere to buy it. Can somebody point me to a url as to where to buy a Renko charting package. I have been to xtick, but I use MT4, and I see all the charts here are using MT4, so I need to buy that Renko indicator...
See post #6916
  • #6,937
  • Aug 17, 2009 11:20am Aug 17, 2009 11:20am
[quote=paulw6182;2961378]
Quoting FrankenPip
well i think it is the c4 simple scalper indicator but when i put it on the chart it just shows a skull and cross in the bottom right corner
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Hi paulw6182:

You have to download all 3 indicators. The scalper indicator calls the primer and charge. Though not recommended, you can wait for one of the bombs to change color to signal exit if you want more pips.
If you only trade long, then you can't always be wrong.
  • #6,938
  • Aug 17, 2009 11:29am Aug 17, 2009 11:29am
It seems the "brickies" (and I am not one) are winning the battle here so I'll just post my last chart of a trade I took a few minutes ago in defence of the C4 crowd.

I have what I need now and I'll just go away and trade it. It's the best scalping setup I've ever tried. Thank you Edge. I appreciate your time and effort. You're certainly on my list (very short list) of traders who actually know what they are talking about. Good luck everybody.
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  • #6,939
  • Aug 17, 2009 11:32am Aug 17, 2009 11:32am
Hi all,
+44 today taken during both overlaps. I like renko but I think I have better control over my SL and overall risk/reward using candles,
regards
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  • #6,940
  • Aug 17, 2009 11:40am Aug 17, 2009 11:40am
Thank you Edge, I got it.
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