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5m scalp system

  • #281
  • Dec 10, 2011 11:50pm Dec 10, 2011 11:50pm
Quoting Sim Patrick
Some guys or traders would say 5 minutes or 1 minutes are just noises . But if you talk with me i would say 5 minutes are always worthfull for scalping ..You should know the trend of bigger time frames of where the pair is going , then use the same direction on 5 minutes .

Also you can go anti direction in scalping but knowing the trend is up , you have to go with very very less risk than you normally go ..So that you can be safe as well as you can trade ..Really a wonderfull system buddy ..But try to avoid some indicators ..
I agree with You the best, thing is follow the big map, without taking the PA corrections, wait until finish and re entry (on the best entry point on the smallest TF/ 5M or 1M) by following the Big trend..

I would like to thank for the PWR is very useful..

Goodluck

regard

qqsamudra
It's Designed and Balance
  • #282
  • Dec 15, 2011 12:42pm Dec 15, 2011 12:42pm
guys --basic question --but where can you get the PwR indicator -- cheers
  • #283
  • Jan 9, 2012 1:54am Jan 9, 2012 1:54am
hi guys

do you have a good version of Aurora ea? the one from steve's thread doesn't open BUY trades. It shows the arrows and gives no errors, but the trades are not launched.

Thank you
  • #284
  • Feb 2, 2012 1:10pm Feb 2, 2012 1:10pm
Quoting pbw
guys --basic question --but where can you get the PwR indicator -- cheers
It's attached in the first thread post.
  • #285
  • Feb 3, 2012 5:10am Feb 3, 2012 5:10am
Quoting 0002097
What would be the point of sharing a system and keep a "magic filter" just for me?
Can you please post some charts and point out those missing loosing trades?
Hi,
I think you are using magic filter as all pro who created method of trading which is their brains. I trade price action on higher timeframes and i am trying to create short term scalping system for myself. As you know i was very interested of your system a few months ago. Using your system with loose rules and rather focusing on price action gave me better results. I still have a few questions to you to better understand your success with this 5 min system:
First can you tell what broker are you using or rather the name what kind of spreads commissions you have, 00:00 time ( is it GMT, GMT+1) ?. I am trying to find broker which gives edge for short term trades since i have never done it on live.

Second - on the top of system you watch price action and you notice small exceptions to the rules and based on that you decide to trade or not ? Can you explain your philosophy of trading for this system. Do you have any believes about that. Or blindly follow 3 candles than trade ( i doubt ). Personally i think you helped me to see certain things. I cannot fully follow mechanically your system because it doesnt work - your trades are exceptional sometimes which means you dont follow rules strictly you see price action based on your rules. If you decide to make live session how you trade i will be there to watch you and learn from you. But system you gave us is just a base i think rest is brain and experience.
  • #286
  • Last Post: Sep 2, 2015 9:47am Sep 2, 2015 9:47am
Hello Guys,
I am glad i joined ForexFactory as i see there are so many developers like me, Okay what i need is to ask something, i am working on a system for my client and he is asking me to open multiple trades like 20 trades at once,
Is this possible, i don't think so, As Trades are sent to the server and then they are executed, So its not possible to enter 20 trades at once,
I am able to put 20 trades but they take almost 5-6 seconds,
Please help me, is this possible to put 20 trades in one second
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