1min scalping using mtf ALF by bbolss | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Killing Time, 5min/1min Scalping 26 replies

Multiple Time Frame Stochastic trading using 1min charts 2,686 replies

1min Scalping 64 replies

MTF Stochastic trading using 1min chart (Questions) 95 replies

Simple averaging/scalping system 1min-15 minut 11 replies

Attachments: 1min scalping using mtf ALF by bbolss
Exit Attachments

1min scalping using mtf ALF by bbolss

  • #181
  • Jun 16, 2010 11:05am Jun 16, 2010 11:05am
Quoting bbolss
its hard to make stats when im not taking exery signal of this system dont you think?
just thats that i "feel" ;p
you will probably take diffrent like everybody els

start on demo try to start "feel" in your own way
and then make a stats
hey mate. how can i get these coloured candles to my chart? i downloaded the "it candles" and "instant trendline" from previous post here but there something need to be changed in your template i guess no? Can you tell me how to do it?

cheers
  • #182
  • Jun 16, 2010 11:08am Jun 16, 2010 11:08am
copy ths files to indicators folder
ant then add it_candles to your chart from mt4 navigator
  • #183
  • Jun 16, 2010 11:32am Jun 16, 2010 11:32am
Quoting bbolss
copy ths files to indicators folder
ant then add it_candles to your chart from mt4 navigator

Great thanks. So whats the best way to use them? are those candles any good or shall i not bother?
  • #184
  • Jun 16, 2010 11:38am Jun 16, 2010 11:38am
its realy good on m5
on m1 sometimes late but helpfoul
  • #185
  • Jun 16, 2010 12:35pm Jun 16, 2010 12:35pm
Quoting bbolss
hmm good point
but also you can take one good entry on m5 and take rest the day off

set m5 for a while
and mtf stoch set to m15
one nice entry morning - short for 57pips
it is enought for me hmmmmmmmmmmmmmmmm
dont chase the pips. chase the %growth of your acct. 10pips may have increased my account by 2% given i risk 1:1 but did the 57 pips gain 2% if not then i'd rather settle for a high probability system. e.g i'd prefer a 99% system for 10pips a week than a 50:50 system for 50pips a week if u apply proper MM.
  • #186
  • Jun 16, 2010 12:42pm Jun 16, 2010 12:42pm
am doing quite well with this system. so far only wins n BE +1. everytime it moves 7pips in my favour i move SL to BE +1. if it hits BE + 1 it usually hits ur -7 SL go check it out. no point waiting for -7 when u still can run off with +1 in M1 the good thing about this system is that the trigger would at least give u 4-5pips so its almost always certain to give u BE +1 if u move it early enuf.

DONT BE AFRAID to miss entries. u have SO MANY OF THEM waiting to come again.

an interbanker once told me this: daily charts if u count peaks n valleys only have 4000pips of movement a month. if u count 1min TF its about 60000pips of movement a month. all u need to do is to pick up 1% of these quality pips. be picky. u will have alot to choose from.

i always love to trade short TFs. those who dont get it calls it noise. those who see it shout GOLDMINE!
  • #187
  • Jun 16, 2010 1:02pm Jun 16, 2010 1:02pm
Quoting bbolss
its hard to make stats when im not taking exery signal of this system dont you think?
just thats that i "feel" ;p
you will probably take diffrent like everybody els

start on demo try to start "feel" in your own way
and then make a stats
I understand u. But I just to know ur personal statistics, how many positive and negative enteries using this sistem u had for a month.
  • #188
  • Jun 16, 2010 2:02pm Jun 16, 2010 2:02pm
lets say around 60-85% depends on a day
  • #189
  • Jun 16, 2010 3:43pm Jun 16, 2010 3:43pm
This is a good system and a good thread !

I am in !
  • #190
  • Jun 16, 2010 3:50pm Jun 16, 2010 3:50pm
and fun..will you post your M5 screen shot as you were suggesting
bbolss? Would appreciate seeing it.. I like the setup on M5 but would like
to better confirm and the trix was not helpful enough for me
for this purpose, love to see your stoch setup you are confirming
with for such trades.

Also you use same alf settings just change to M15 the alf mtf??

Brian

Quoting bbolss
hmm good point
but also you can take one good entry on m5 and take rest the day off

set m5 for a while
and mtf stoch set to m15
one nice entry morning - short for 57pips
it is enought for me hmmmmmmmmmmmmmmmm
  • #191
  • Jun 16, 2010 9:43pm Jun 16, 2010 9:43pm
Quoting golden1
and fun..will you post your M5 screen shot as you were suggesting
bbolss? Would appreciate seeing it.. I like the setup on M5 but would like
to better confirm and the trix was not helpful enough for me
for this purpose, love to see your stoch setup you are confirming
with for such trades.

Also you use same alf settings just change to M15 the alf mtf??

Brian
no problem
here was 2 realy good entrys on m5 witch conf on cros m15 alf too (marked entry candles with green lines)
setiints fot m15 alf same 15 5 4

entry based on div on osma and second on osma and stoch also for more conf
Attached Image (click to enlarge)
Click to Enlarge Name: alf8.jpg Size: 113 KB
  • #192
  • Jun 16, 2010 10:27pm Jun 16, 2010 10:27pm
Quoting bbolss
no its not part of the system (yet)
i posted link couple post ago but its just for overwiew for now=]

first trade quick +5 and out not risking to fail first trade;d
can u explain me that why u went long for this one
  • #193
  • Jun 16, 2010 11:11pm Jun 16, 2010 11:11pm
The more I see it the more I like it. I just can't stay up all night trading. The woes of living in CA. All I get is stupid asian session.
  • #194
  • Jun 17, 2010 12:53am Jun 17, 2010 12:53am
Great system.

Made my first 17 pips (2 trades)

Does anybody have a pip count indicator that displays pips in color on the chart for 4 digit broker ?

Thanks

  • #195
  • Jun 17, 2010 1:46am Jun 17, 2010 1:46am
Quoting matlobien
Great system.

Made my first 17 pips (2 trades)

Does anybody have a pip count indicator that displays pips in color on the chart for 4 digit broker ?

Thanks

can u post your chart here for recent trade
  • #196
  • Jun 17, 2010 3:21am Jun 17, 2010 3:21am
Quoting armaan
can u post your chart here for recent trade
Not at my trade station atm.
  • #197
  • Jun 17, 2010 3:23am Jun 17, 2010 3:23am
Quoting yunielescaz
am doing quite well with this system. so far only wins n BE +1. everytime it moves 7pips in my favour i move SL to BE +1. if it hits BE + 1 it usually hits ur -7 SL go check it out. no point waiting for -7 when u still can run off with +1 in M1 the good thing about this system is that the trigger would at least give u 4-5pips so its almost always certain to give u BE +1 if u move it early enuf.

DONT BE AFRAID to miss entries. u have SO MANY OF THEM waiting to come again.

an interbanker once told me this: daily charts if u count peaks n valleys...
Good observation

  • #198
  • Jun 17, 2010 3:25am Jun 17, 2010 3:25am
Hi bb,

I want you to confirm with me that this ISN'T access signal since the ALF-MTF on the 1M chart hasn't gone down yet.... right?!





Seems like I'm right and a minute later it's starting to get back up?! please give me full details regards this position how you look at it...
Thanks!!
Attached Image (click to enlarge)
Click to Enlarge Name: test333.JPG Size: 112 KB
  • #199
  • Jun 17, 2010 3:41am Jun 17, 2010 3:41am
Quoting Stern-Capita
Hi bb,

I want you to confirm with me that this ISN'T access signal since the ALF-MTF on the 1M chart hasn't gone down yet.... right?!





Seems like I'm right and a minute later it's starting to get back up?! please give me full details regards this position how you look at it...
Thanks!!
I would mot trade it.

Basic rules + wait for a lower high.

Just my 2 cents.

  • #200
  • Jun 17, 2010 3:45am Jun 17, 2010 3:45am
Quoting Stern-Capita
Hi bb,

I want you to confirm with me that this ISN'T access signal since the ALF-MTF on the 1M chart hasn't gone down yet.... right?!





Seems like I'm right and a minute later it's starting to get back up?! please give me full details regards this position how you look at it...
Thanks!!
No entry here mate
0 traders viewing now