Masonfx Scalping System - profitable scalping M1- M15

About MasonFx scalping indicator

MasonFx Scalping System is developed on the M1 (1-minute), M5 (5-minute) and M15 (15-minute). The system is primarily based on MasonFx Scalping custom indicator - a strong and superior indicator running on "Metatrader 4" platform that can identify crucial points of reversal patterns (aka Turning Points). As the consequence, it isn't a killer indicator with minimal risk for scalping strategies builder, but also an important tool for other popular trading strategies including: swing, trend, breakout, news, price action or even unpredictable volatility. The trading strategy presented in this guide presumes the reader has basic knowledge of Metatrader 4 platform and forex trading.

With only few clicks, early warning entries can be generated by the MasonFx Scalping indicator about possible bullish or bearish pattern reversals with 12 distinct state-of-the-art scalping ways. Let us say that if you've got a supreme scalping system grouped by more than 8 indicators on a single chart, you may think back twice to construct a brand new ultimate scalping system based on MasonFx Scalping indicator.

MasonFx Scalping Indicator is recommended to attach on the M1, M5 and M15 chart and the best pairs could be GBPUSD, USDJPY, USDCAD and EURJPY. However, I don’t restrict the use of the indicator. It is possible to find your own parameters to profit any instruments from stock, commodity, forex or bitcoin.

Installation, activation, parameters and market insight integration are detailed in installation guide.



MasonFx Scalping System – Simple (straightforward strategy)


To be clear, the Masonfx scalping system (straightforward strategy) indicates you could trade with MasonFx scalping indicator in ranging forex market at the best. The ranging market could be discovered most of the time in the M1 - M15 timeframe. Simple and straight forwards, enter buy when you see buy sign (arrow up) and enter sell when you see sell sign (arrow down). Treat each trade sign with desired risk management rather than trading arrow to arrow (closing one and opening another one with the opposite trade signal occurs). The fundamental risk management could be a 2:1 (Reward: Risk) ratio. Assuming that you want to enter the trade with 10 pips stop loss, so 20 pips is your take profit target.

In addition, the market insight dashboard is really helpful for the straightforward strategy. For instance, it's probably a profit trade when you enter long when MFSS indicates UPTREND (or higher level), combining with oscillator F indicates BULLISH or oscillator S indicates BULLISH.

MasonFx Scalping System – Genesis (v2.0)

This section proposes the scalping system borrowed several tools from Genesis Matrix Trading. Hence, the word "Genesis" represents to Genesis Matrix team. They've done amazing job to capture the gain from volatility chart of 1-minute to 15-minute timeframe. Their works inspired me a lot to create the MasonFx scalping indicator.

You might discovered that Genesis Matrix system enters the trades occasionally late as a result of its use of lagging indis. Whereas, MasonFx scalping indi is a leading indi estimating high successful triggers of turning points. So, let us see the advantage of an improved system.

This system implies the M15 and M5 timeframes of Metatrader 4. Below is an example of trading set up using the 5M GBPUSD chart.

Note: this section is an example to reveal MasonFx scalping indicator could be a strong tool to enhance trading systems that are well-known. Several tools are used by MasonFx scalping Genesis strategy from Genesis Matrix system. So, I cannot give any helps regarding indis and codes from Genesis Matrix system. Please find the references on below for the support of indi, system and coding from the Genesis Team. I just can give my support to you about the MasonFx indicators.


Indicators (all included in download library):

- MasonFx scalping indicator (Auto Mode setting)
- 1H RSI
- Genesis Matrix
- Heiken Ashi Candles
- M15 MTF Stochastic

Additional indicators:
- M5 Stochastic
- Masonfx Pivots


Entry Rules:

1H time frame:

RSI 50 above 50 is uptrend
RSI 50 below 45 is downtrend

5M time frame:

Trigger:

Only trade MasonFx Scalping Arrow with 1H RSI trend (RSI uptrend - only trade with up arrow, RSI downtrend - only trade with down arrow)

After the arrow happens, we look for two confirmations within 6 M5-Bars (30 minutes) since the last arrow. Send the trade right on the arrow, if the two confirmations was satisfied before the arrow happens.

Primary confirmation - 4 out of 6 conditions are sufficient to pass the first confirmation:

-- Each Genesis Matrix as one condition. 4 dots are 4 conditions separately.

-- M15 Stoch crossover and moving toward 20-80 (oversold-overbought threshold).

-- HA bar turned to the same colour with Genesis Matrix Dots.

Final confirmation - Crucial condition must be followed:

-- Space from planned trade to recent highest high/ lowest low (HH/LL) is lower than 15 pips (4 Digit Brokers).

Stop loss:

Set stop loss at least 5 pips + spread below the recent highest high/lowest low. By setting to these points, the strategy just has maximum stop loss of 20 - 22 pips (15 pips space 5 pips spread). It might be enough space to let the price move. This also means you need to set your trades as close to the HH/LL points as possible.

You exit trades when:

- You could use general scalping exit methods by applying 2:1 or 3:1 (Reward: Risk) ratio.

- M15 Stoch crossover in direction against holding position in range 20-80 could be a strong exit. Or
STO15M slow line touches/crosses 20/80 line from OB/OS

- Opposite MasonFx scalping indicator signals in ranging market (exit when opposite MasonFx signals appear in ranging market)

- All Genesis Matrix exit rules are also worth to practice. Genesis Matrix System: Official thread


See trading details : post#8

Free trial period is currently closed. Please find out more in our homepage.

http://masonfx-expert.com/

v3.0.7 - 11/2014

How were your trades yesterday?

As you can see, if you simply use MasonFx scalping indicator by default settings, it would have faulty signals sometimes when tendency is well established. To the aging trend or the end of trend, MasonFx scalping indicator could gain pips with the highest R:R (reward: risk) that you would love to have. However, determining the state of trend is not a simple task.

That’s why I present Genesis solution as an easy following system (that works) to show MasonFx scalping indicator could be a very powerful tool to improve available trading strategies.

I went to the 5M GBPUSD chart and I saw 2 triggers recently (attached image). In the first one, when the buy trigger PINK LINE alerts I see the first filter (confirmation) dosent agree with. Both STOs stick together and stay in oversold heading nowhere (a strong downward continually); one Genesis Matrix and HA bar support the trigger. Not enough criteria to enter the trade so waiting for the next 6 5M_Bar. After 30 minutes (6 5M_Bar), only 3 out of 4 conditions were met so i cancel the trade. I trade and follow the rules and I stick with it. In the second one, I enter the trade after one bar based on the Genesis filters( 3 blue dots, HA bar closed in blue, M15 Stoch crossover heading up, distance lower than 15 pips), pretty much confidence to jump in this trade. Indeed, it is a nice trade when I simply apply entry and exit. I hit the target of 27 pips and I risk stop loss of 9 pips - a 3:1 (R:R) ratio.

With the Genesis rules, we filter out many bad trades. Here is just an example, you can find your own rules and indicator parameters to play with. The power of MasonFx scalping indicator is unlimited.

Here is another one (attached image). young and fresh

Setups
GBPUSD5M
Steady mode

Entry:
Genesis 2 filters

Exit:
STO15M crossover

1:4 risk reward ratio

Setups
EURUSD 1M
Steady mode

Entry:
Genesis 2 filters

Exit:
Opposite Signal
Daily Pivots

Just now signal. Let's see

Setups
EURUSD 1M
Steady mode

Entry:
Genesis 2 filters

Exit:
Stochastic crossover
Opposite Signal
Daily Pivots

Hello kentfx5!
Thx for sharing this indi
I`ve decided to make some tests with it, but my signals and charts are so different from yours and signals which it paints on my charts are bad.
EURUSD M1

thanks for your interesting. The reason is that we have different brokers. The chart i showed at the time that could be +/- few hours from your chart. As you may see, the candle shape between our charts look different.

The signals generated do not mean 100% win - miracle forex signals which you can bet a house on that. This indicator is a useful tool to improve your own strategies or available well-known strategies. Many inputs were added to let user customize the indi to fit with their chart (pairs or timeframe)

Here is an example that i customize this indi to fit with my taste on EURUSD 1M on 5 Aug 2014

Default EURUSD 1M



and Manual Mode 1, Period 9, Level 28



Note that if you turn on UseFilterSignals, this indicator will try to catch possible turning points. It could be an account killer for a strong trending market. However, disabled UseFilterSignals and trading with your own trend following strategies could create a money machine.

Here are couple of trades to demonstrate the latest set ups:
Pink lines tell valid trades, orange lines are expired trades and red lines are losing trades. Backtest from 17.7.2014.


GBPUSD 1H
RSI 50 above 50 is uptrend
RSI 50 below 45 is downtrend

GBPUSD 5M
MasonFx scalping indi Auto Mode 3
Genesis pack

Entry:
Only trade on the side of 1H RSI trend (above)
2 filters

Exit:
STO15M lines cross in range 20-80
STO15M slow line touches/crosses 20/80 line from OB/OS

note: pips gain included 2 pips spread adjustment.

Can't get mason fx indi to load unto my charts.....downloaded the ex file and dll file. using mt4 latest build....any suggestions appreciated.

installation guide will walk you through activation step. Please read the guide.

wow. that were huge hits yesterday. 500 pips . how about you?

have you been excited for market moves recently?

I have some issues....do you have Skype?

Kentfx5 why you abandoned this wonderful thread?

No, i did not. Because it was too profitable so i don't want it widely distributed for trial.

I am sure current members are getting pretty excited about the newest indicator version with enhanced trading logic.

This is insane!!! 300-plus pips in 2 days for FREE. 100% Win, 0% LOSS.

pls update your scripts according to latest mt4 build.

Done. New version (v3.1.8) is ready to download in Download Library area.

- 100% faster
- Newest Mt4 build compatible

It looks like amazing deals to me when i set the system to high frequency auto mode running 1M EURSUD chart.

Make sure you sign up an email to receive the latest info so you will not miss a single opportunity of making huge amount of pips when the system is released.

2015, up to date. so far so good in this uncertain world. high frequency auto mode running 1M EURSUD chart.