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"Scalping" in 1 day charts

  • #1
  • First Post: Edited Oct 29, 2014 11:16pm Oct 23, 2014 2:58pm | Edited Oct 29, 2014 11:16pm
Hi!

First to all, sorry for my horrible english.

i have been working with this method for 2 years and with this indi. for some months ago.

You only need 1 day chart, Nihilist_ultra_trend indi and paint some trendlines to touch the glory.

this Nihilist indi is the heart of the method.

Thank you very much for this repainting indicator.

How to work.

At 00:00 hours u need to be in front of ur computer. The rest of the day you can be living and enjoying the day.

you only need a few minutes to won thousands of bucks, remember.

this method is basically to people that dont have much time to trade during the day.

when price breaks the little trendline and ultra trend indi is in the same direction,enter.

if you had closed a trade because price breaks the trendline, wait to ultra trend turn the color.

is very easy, stress-free and very profitable.

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

When you are into a trade and you are floating around +70 or +100 pips, is a good moment to define your BE (spread +1 point).

Not is a defined TP or SL.

Template:

Attached File(s)
File Type: tpl @@@glory_in_1_day_chart@@@.tpl   28 KB | 5,444 downloads


Here you have too (finally) the Nihilist ultra_trend indi.

Attached File(s)
File Type: ex4 Nihilist_Ultra_Trend_V2.ex4   10 KB | 6,242 downloads
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #2
  • Oct 23, 2014 3:01pm Oct 23, 2014 3:01pm
here you have an example.

this chart is since march as you can see.

here are my trades in eurusd pair.

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla de 2014-10-23 21:55:52.png Size: 60 KB
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #3
  • Oct 23, 2014 3:03pm Oct 23, 2014 3:03pm
you can play with all pairs and see.

i only work with 4 pairs because for me, its enough.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4
  • Oct 23, 2014 3:03pm Oct 23, 2014 3:03pm
Which 00H?
  • #5
  • Oct 23, 2014 3:06pm Oct 23, 2014 3:06pm
if you want, i can upload the template, but not the indicator because if you look on the web you find it easy

cheers
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #6
  • Oct 23, 2014 3:07pm Oct 23, 2014 3:07pm
Quoting Pollux
Which 00H?
when the new 1 day candle start.

00:01 hours if u want.

Ultra trend indicator doesnt repaint.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #7
  • Oct 23, 2014 3:10pm Oct 23, 2014 3:10pm
MM

For me, 100 pips= 5% of my account.

MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #8
  • Oct 23, 2014 3:19pm Oct 23, 2014 3:19pm
very interesting concept....
- what does the indicatot need to do? you enter trade from second indicator candle as i understand since the first one has to finish?
- what is 1day chart? like first candle in H1 chart?
always draw trendlines
  • #9
  • Oct 23, 2014 3:38pm Oct 23, 2014 3:38pm
As far as i know does Nihilist ultra trend repaint.
The indicator that dont repaint from Nihilist is the adx, dhruba, holygrail, trendcycle and magic.
MY SITTING, NEVER MY THINKING!
  • #10
  • Oct 23, 2014 3:44pm Oct 23, 2014 3:44pm
....But not said this aint interesting. If you want i indicator like the Ultra-trend that doesnt repaint, use Swingmans' scalper, it works great for 'scalping the daily chart'

http://www.forexfactory.com/showthread.php?t=166646
MY SITTING, NEVER MY THINKING!
  • #11
  • Oct 23, 2014 4:37pm Oct 23, 2014 4:37pm
tnavi,
this look nice and promising hope to see more charts and how you trade it . please if you can show more example how you enter and exit trade . I will following your thread.thanks
  • #12
  • Oct 23, 2014 4:41pm Oct 23, 2014 4:41pm
Also do you close your trade every @00.00 before you open another or when you met your target of 100 pip that is it for the day or how do you trade this indicator.

thanks
  • #13
  • Edited Oct 24, 2014 2:21am Oct 23, 2014 8:54pm | Edited Oct 24, 2014 2:21am
Quoting merrygold
As far as i know does Nihilist ultra trend repaint. The indicator that dont repaint from Nihilist is the adx, dhruba, holygrail, trendcycle and magic.

Yes you are right,Nihilist ultra trend repaints, the value of this idea is in the break of the trend line, but there are traders who always need some indi for a visual confirmation, then this indi can give you that, knowing that It repaints sometimes.
Indicators always obey Price, not the other way.
  • #14
  • Oct 24, 2014 2:58am Oct 24, 2014 2:58am
Quoting merrygold
As far as i know does Nihilist ultra trend repaint. The indicator that dont repaint from Nihilist is the adx, dhruba, holygrail, trendcycle and magic.
hi merry, i have been using too this indi in 5 min chart with another method and works very fine for me.

when a new bar appeared, is very, very rare that change again of color.

and how all people knows, in 5 min charts are a lot of sound.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #15
  • Oct 24, 2014 2:59am Oct 24, 2014 2:59am
Quoting merrygold
....But not said this aint interesting. If you want i indicator like the Ultra-trend that doesnt repaint, use Swingmans' scalper, it works great for 'scalping the daily chart' http://www.forexfactory.com/showthread.php?t=166646
thanks again for ur offer but Ultra trend works fine for me now.

someday i prove it.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #16
  • Oct 24, 2014 3:00am Oct 24, 2014 3:00am
Quoting maxtrader
{quote} Yes you are right,Nihilist ultra trend repaints, the value of this idea is in the break of the trend line, but there are traders who always need some indi for a visual confirmation, then this indi can give you that, knowing that It repaints sometimes.
this is that i wanted to say.

thanks!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #17
  • Oct 24, 2014 3:07am Oct 24, 2014 3:07am
Quoting lecoon2003
tnavi, this look nice and promising hope to see more charts and how you trade it . please if you can show more example how you enter and exit trade . I will following your thread.thanks
here u have another great example for how to work with 1 day charts.

the important is caught all small moves in the chart.

this is audusd chart since march.

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla de 2014-10-24 10:00:01.png Size: 51 KB


when price breaks the trendline, i see if UT indi is in the same color and then, i take the wave.

now price is in range but im long since 10.20.2014. this green bar doesnt move.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #18
  • Oct 24, 2014 3:15am Oct 24, 2014 3:15am
usdchf histo. and floating long:

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla de 2014-10-24 10:08:43.png Size: 43 KB


every day I'm closer to glory

MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #19
  • Oct 24, 2014 3:27am Oct 24, 2014 3:27am
Quoting tnavi
if you want, i can upload the template, but not the indicator because if you look on the web you find it easy cheers
Hello Tnavi,Thanks for this wonderful thread.Will be helpful if u upload "Template & Indicator too" for the newbie like me.~Thanks & regards.
~hanuraj
  • #20
  • Oct 24, 2014 3:32am Oct 24, 2014 3:32am
Quoting tnavi
usdchf histo. and floating long: {image} every day I'm closer to glory

Great but It is not precisely scalping, I mean you let your positions for some days right? Simplicity is always the best, no need to complicate things.
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Indicators always obey Price, not the other way.
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