Scalping with forex laser

Rules of thread:


1. Well, there is just one really... no arguing or rudeness. we're all here to help each other not to put others down.


Ok so I thought it would be nice for peeps to get interactive with trading the usdjpy on minute charts using the forex laser indicator. The original maker of the indicator has gone commercial but this indicator is free. It gives arrows when there is a great chance of movement in the right direction. I don't know how it works... i don't really care actually. All i know is that it DOES seem to work very well... so far anyway.

There are setups everyday and hopefully we can help each other out with this. from looking back at past trades it seems clear a fixed 10pip stop and profit are giving consistent results. others may think it's best to use a break-even after some pips, maybe this would help eliminate losses, but only time will tell. I think together we can see how this thing needs to be traded and maybe even make an EA out of it.


I am gonna be tradig this on demo until i'm confident i can put a high level of trust in it, hopefully in 2014 will go live. But lets see what tomorrow brings first. Note to forexfactory mods...please don't move this thread!

I didn't take any trades from today but all four of them gave some pips. this is when u wish u were live!

Why don't you discuss about this in the original thread ? All infos are there and if the original thread was moved by admin in the commercial, you will be with this new one ...

Problem is there's not much discussion in that thread, over here we can discuss more... and who cares if the maker has gone commercial - why aren't we allowed to talk about this here if it's free.

This was the admins decision to move the thread to commercial ...

Well i think this thread deserves to be here... I actually think this is a really useful indicator.

Im getting a "Please attatch FX Laser Scalper to USD/JPY. I already have indicator setup on that yet im still getting that error.

Oh thats not an error... it means it's good!

now you should see all the past arrows on m1.

Nope. Nothing.

eh... dunno why you're not seeing any arrows.

upload your template please.

oh yeah, here it is.

oh just noticed you might need to go back a few more hours to see the arrows.

Attached laser scalper to 1 min USDJPY and nothing appears on the chart except "Please attach FX laser scalper V3 to USDJPY 1 m only! I don't see any arrows at all.do you know what indicators the template uses? I thought maybe if the correct indicators were not in the indicator folder the template would not wot properly. Just a thought.

didn't you get the indicator from the first post?

this is what i'm seeing...

I think maybe there's some confusion about the indicator. the indicator can be used without the template BUT the template can't be used without the indicator.

if that makes sense.

A quick glance at the captured traffic, suggests that this indicator receives signals from the developers website forexmoments dot com.....

Try access their website, may be it's blocked on your side

yeah that could be it, also try the template. i think i better upload it to the first post to stop any confusion.

from now on use both indicator and template. indicator goes in indicator folder, template goes in... template folder. hoho