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Mrs V's fave 1 min entry

  • #281
  • Aug 21, 2009 1:13am Aug 21, 2009 1:13am
Quoting Vantage
Forgot to really mention that we have taken the logical progression and gone naked totally...
Ahoy there Vantage, I have also stripped down my charts and borrowed a little of Indrek & Gleneagles work on that MTF thread. The dotted purple MA on the 89 tick chart is a 55 period WMA, very similar to a 34 ema. The 15 and 60 min charts are for MTF input (using a 5 period Jurik MA for trend view). I am experimenting with line charts to further reduce noise - they certainly give a different "feel" and of course trendlines are drawn on a close-only basis.

Not a particularly good trade shown, but the 15 and 60 were breaking their trendlines, so I entered. I am thinking of taking OFF the pivots next and using trendlines (horizontal and diagonal) + major round numbers only, somwhat like Jacko (who of course does not trade fast charts).
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  • #282
  • Aug 21, 2009 1:37am Aug 21, 2009 1:37am
Quoting jtrade
Ahoy there Vantage, I have also stripped down my charts and borrowed a little of Indrek & Gleneagles work on that MTF thread. The dotted purple MA on the 89 tick chart is a 55 period WMA, very similar to a 34 ema. The 15 and 60 min charts are for MTF input (using a 5 period Jurik MA for trend view). I am experimenting with line charts to further reduce noise - they certainly give a different "feel" and of course trendlines are drawn on a close-only basis.

Not a particularly good trade shown, but the 15 and 60 were breaking their trendlines,...
Nice to see you again.

I've often thought of joining Jacko's group as I accept I need help getting my mindset right for longer term trades.

If you're going to trade short term take daily and weekly/monthly pivots off at your peril!!!!!!!!!!!!! Just my humble opinion.
  • #283
  • Aug 21, 2009 1:41am Aug 21, 2009 1:41am
Quoting jtrade
Not a particularly good trade shown, but the 15 and 60 were breaking their trendlines, so I entered.
Oh I stopped using TL's as so many of them get broken and retested so might as well trade the levels and hl's/lh's. Again JMHO. If they work for you thats whats important.
  • #284
  • Oct 21, 2009 10:20pm Oct 21, 2009 10:20pm
I have been asked by a couple of people how I'm using the smc4scalper signals. I load on a 5 min chart period avg 8, trix period 3, waiting time 2.0, mode avg 1, 2 and 3 all on 1. Input price 0, ma method 3, applied price 6.

I also have the ma in colour on 5 min, ma period 8, type 3 applied price 6.

Once I have a signal on 5 min I'm looking at 1 min for next retrace and move in direction of signal. I want a cross of Hull 24 enter on close of candle 1 min chart.

See the 5 min set up, the red line on 1 min shows the close of 5 min candle and next 1 min entry. Working very well on gbpusd.
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File Type: ex4 smC4Scalper Signals_v1.ex4   12 KB | 390 downloads
File Type: ex4 MA in Color_wAppliedPrice.ex4   5 KB | 326 downloads
  • #285
  • Last Post: Oct 21, 2009 11:21pm Oct 21, 2009 11:21pm
Quoting Vantage
the smc4scalper signals.
'Morning, Mr & Mrs V .

I saw your post on the eaglets thread yesterday (excellent thread) : I like the way you are using this on a faster timeframe.

I also like the simplicity of Gleneagles' 240min charts as well.
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