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Janqie "MadScalper" 1min trading

  • #281
  • Aug 13, 2010 2:03am Aug 13, 2010 2:03am
Quoting imranyusof
I totally understand what you mean by sticking to plans.

The 50CCI level entry is a good idea. I always did feel a little "cheated" when the FastCCI couldn't cross the EMA in time.

Thanks.

Imran
Your welcome. Many pips for ya
"Even a million miles journey starts with one single step"
  • #282
  • Aug 13, 2010 2:49am Aug 13, 2010 2:49am
Got another baby and closed now +30
Experiments is over with good results so I will put everythig in words this
weekend.
I think I will end my friday trading.
If you still in the market good luck and many pips
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 28 KB
"Even a million miles journey starts with one single step"
  • #283
  • Aug 15, 2010 8:50am Aug 15, 2010 8:50am
Hello guys
Like promissed I want to show you how to catch start of the new possible trend.
This is just expantion of base MadScalper strategy witch is caching the move after pullback.

MadScalper trend trade.

First look at the picture.
http://i36.tinypic.com/1yjzih.jpg
What do we have here.
1. Price has crossed 50 Ema
2. 8 periods Ema pointing down to cross 50 Ema (Can be already crossed)
3. CCI histogram crossed 0 line to downside.
4. Fast CCI is already below 0 line. (Can be crossing with histogram at the same time)

If these conditions met we can consider a new possible trend.

Entry must be taken imediatly when conditions met becouse more lately entry is
done more loss can be after close of fake entry.

Stop loss must be placed few pips above or below 50 Ema.
I personaly like 3 or 4 pips. SL will be from 5 to 10 pips.

How to manage trade.
There are few scenarios witch can ocur.
1. As soon as entry is done it can go for few pips to right side and then reverse and
hit stop loss. In this case there is nothing to do exept not panick and whait for another oportunity.
2. Price can go for 10 pips in the right side.
Now in this case we want to put our stop loss at BE as soon as price reached that level.

What to do next.
There is few things to think about.
We have to zoom out the chart and look closer to it.

Where this trend belongs?
For short
1. If the trend started from consolidation it can be long and one can expect more than 20 pips.
2. If before entry conditions met there was big uptrend one must watch out becouse this trend can
be big corection of previous move.
3. If before conditions met there was big downmove with corection one also can expect bigger move

For long
1. If the trend started from consolidation it can be long and one can expect more than 20 pips.
2. If before entry conditions met there was big downtrend one must watch out becouse this trend can
be big corection of previous move.
3. If before conditions met there was big upmove with corection one also can expect bigger move

Sugestions
Case 2 I sugest to take what you can and bank to your account.
Case 1 and 3 one can do two things

1. One can track trade with highs or lows and put stop loss just abowe last high til next one.
Then again till next one and so on till trade is over with break of last high. Visa versa for long
http://i38.tinypic.com/98855c.jpg
2. One can track entry by adjusting stop loss every candle and puting it on 50 Ema. till SL is hit and trade is over.
http://i37.tinypic.com/efhqh4.jpg
3. One can do what ever want becouse its free ride and take entry down when want.

And thats it.
In combo with base strategy on pullback beutys it can be complete trend sucking work
Hope you will find it usefull.
Wish you many pips!
"Even a million miles journey starts with one single step"
  • #284
  • Aug 15, 2010 8:52am Aug 15, 2010 8:52am
Quoting sam2vt
Hi,

Sorry for the late reply as I was away for about 2 weeks. Here the indy.

Modification of size am not sure abt it but location yes. You can view many info by default setting and it can be turn off. Try to play ard. Please feel free to drop your query if any.
Hello sam2vt;
I'll try them, many thanks for your kind help.

fxpig
  • #285
  • Aug 15, 2010 9:44am Aug 15, 2010 9:44am
Thanks for the write up.
  • #286
  • Aug 15, 2010 4:45pm Aug 15, 2010 4:45pm
Has anyone alerted the cross of the CCI 50 level? Specifically for email?
  • #287
  • Aug 15, 2010 9:40pm Aug 15, 2010 9:40pm
How did you come up with the 79/21 settings for CCI?

You tried 100 different number settings but 79/21 seems to work the best for?

Are you still trying different settings?
  • #288
  • Aug 16, 2010 12:01am Aug 16, 2010 12:01am
I've been lurking for a while and wanted to say thanks for the excellent system.

Attached is a Email alert indy that will only work with

!!!!DoubleCCI-With_SMAv79.21

This indicator was generously created by Oromek for me. But I would like to share it with you.

It will place an arrow up/down and pop up an alert box as well as send an email to your cell phone/email (tested and it works great)

-Darren
Attached Image (click to enlarge)
Click to Enlarge Name: email alerted CCI cross of 50.jpg Size: 216 KB
Attached File(s)
File Type: mq4 DoubleCCI_Alert.mq4   3 KB | 707 downloads
  • #289
  • Aug 16, 2010 1:05am Aug 16, 2010 1:05am
Good morning everyone.
Got this two entrys first one -7 second +30
I'm thinking about fixed Stop Loss for 10 pips to avoid such noise
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 28 KB
"Even a million miles journey starts with one single step"
  • #290
  • Aug 16, 2010 1:09am Aug 16, 2010 1:09am
Quoting whiteeclipse
How did you come up with the 79/21 settings for CCI?

You tried 100 different number settings but 79/21 seems to work the best for?

Are you still trying different settings?
Hey whiteeclipse
Its from another threat witch was also based on pullbacks.
These settings worked then and working now too
"Even a million miles journey starts with one single step"
  • #291
  • Aug 16, 2010 1:11am Aug 16, 2010 1:11am
Quoting pilotui
I've been lurking for a while and wanted to say thanks for the excellent system.

Attached is a Email alert indy that will only work with

!!!!DoubleCCI-With_SMAv79.21

This indicator was generously created by Oromek for me. But I would like to share it with you.

It will place an arrow up/down and pop up an alert box as well as send an email to your cell phone/email (tested and it works great)

-Darren
Hello pilotui
Nice to see ya here.
Thank you veary much for indi I will give a try
"Even a million miles journey starts with one single step"
  • #292
  • Aug 16, 2010 1:14am Aug 16, 2010 1:14am
Quoting janqie
Good morning everyone.
Got this two entrys first one -7 second +30
I'm thinking about fixed Stop Loss for 10 pips to avoid such noise

In on the same one my man.. Did u get involved in the buy ups earlier?
The Kamakazi
  • #293
  • Aug 16, 2010 1:18am Aug 16, 2010 1:18am
Quoting Bl888
In on the same one my man.. Did u get involved in the buy ups earlier?
Nice. Good to hear that
Yeah there was one buyup earlyer but I didnt took it becouse
There was way too small corection after such a big upmmove so skiped that one.
"Even a million miles journey starts with one single step"
  • #294
  • Aug 16, 2010 1:32am Aug 16, 2010 1:32am
Another try +10
Attached Image (click to enlarge)
Click to Enlarge Name: nice one.gif Size: 29 KB
"Even a million miles journey starts with one single step"
  • #295
  • Edited 5:13pm Aug 16, 2010 1:54am | Edited 5:13pm
Thanks pilotui.

I fiddled around with the code and "adjusted" the indic to show the FastCCi (EntryCCI) line crossovers with the negative 50 level as well, instead of just the positive 50 levels.

I'm not much of coder.. Can someone check my work? It seems to show the arrows correctly though.

Also can someone out there tweak it to show histogram (TrendCCI?) crossovers with the 50 levels as well?

Thanx heaps!

Imran.

Quoting pilotui
I've been lurking for a while and wanted to say thanks for the excellent system.

Attached is a Email alert indy that will only work with

!!!!DoubleCCI-With_SMAv79.21

This indicator was generously created by Oromek for me. But I would like to share it with you.

It will place an arrow up/down and pop up an alert box as well as send an email to your cell phone/email (tested and it works great)

-Darren
Attached File(s)
File Type: mq4 !!!!DoubleCCI_Alert_new.mq4   4 KB | 725 downloads
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #296
  • Aug 16, 2010 5:50am Aug 16, 2010 5:50am
Quoting imranyusof
Thanks pilotui.

I fiddled around with the code and "adjusted" the indic to show the FastCCi (EntryCCI) line crossovers with the negative 50 level as well, instead of just the positive 50 levels.

I'm not much of coder.. Can someone check my work? It seems to show the arrows correctly though.

Also can someone out tweak it to show histogram (TrendCCI?) crossovers with the 50 levels as well?

Thanx heaps!

Imran.
Just drag and drop another one ontop of the chart and change it to the trend CCI settings with alert at 0 instead of 50. then change the colors of the arrows to make a distinction.
  • #297
  • Aug 16, 2010 9:54am Aug 16, 2010 9:54am
Hi All,
I have a question, is the MA20 still needed? I could not find the reference to it anymore.
Thanks
  • #298
  • Aug 16, 2010 3:06pm Aug 16, 2010 3:06pm
Quoting pilotui
Just drag and drop another one ontop of the chart and change it to the trend CCI settings with alert at 0 instead of 50. then change the colors of the arrows to make a distinction.
Thanks for the indicator.
Is their a way to set the alert to when the histogram crosses the zero rather than the fast CCI?
Shapeshift greed and catch em' off guard
  • #299
  • Aug 16, 2010 5:07pm Aug 16, 2010 5:07pm
Hi... erm.. looks like your indic only shows crossovers of the EntryCCI line (the yellow line) for the moment. What would be nice to have is one that shows crossovers of the histogram (the TrendCCI if am not mistaken) with the zeroline. And I'm not confident enough to re-write the code further.

Anyways, on a different tack, am attaching the 3 MA crossover indic with alerts that I'm using to indicate MA crossovers on the main chart. There are quite a number of indics out there that do the same thing, i reckon.

Quoting pilotui
Just drag and drop another one ontop of the chart and change it to the trend CCI settings with alert at 0 instead of 50. then change the colors of the arrows to make a distinction.
Attached File(s)
File Type: mq4 3 MA Cross with alert.mq4   8 KB | 687 downloads
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #300
  • Aug 16, 2010 5:53pm Aug 16, 2010 5:53pm
Quoting Czaray
Thanks for the indicator.
Is their a way to set the alert to when the histogram crosses the zero rather than the fast CCI?
What I do is load another indy (the !!! CCI) and then load another arrow alert on the main chart but then set them to reference eachother...it's worked for me.

Cheers

Darren
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