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scalping system - m1 is possible

  • #61
  • Mar 5, 2015 8:06am Mar 5, 2015 8:06am
And you don't really have to understand much. Only RSI. For the simple.
  • #62
  • Mar 5, 2015 9:02am Mar 5, 2015 9:02am
Quoting 50percent
Can you beat this?
Yes.
Attached Image (click to enlarge)
Click to Enlarge Name: beat.png Size: 58 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #63
  • Mar 5, 2015 9:46am Mar 5, 2015 9:46am
Works only in ranging pairs with an up bias USDJPY or down bias EURUSD

Just use negative RSI to buy only on an upward bias pair.

Example: Open a buy on the USDJPY every minute the RSI is <30 (or >70 for EURUSD), use a stop of 45 and trail of 5 once profit exceeds 10 pip.

Let it close itself, but you need to follow the trail. All scalpers use a bot. But if you have time, do it manually.

Watch out for days when the bias trend is temporarily strongly reversed eg, correction about once a week.
  • #64
  • Mar 5, 2015 10:00am Mar 5, 2015 10:00am
Quoting Magix
{quote} Yes. {image}
Not bad. Price action or ROC ?
  • #65
  • Mar 5, 2015 10:02am Mar 5, 2015 10:02am
Quoting 50percent
Works only in ranging pairs with an up bias USDJPY or down bias EURUSD Just use negative RSI to buy only on an upward bias pair. Example: Open a buy on the USDJPY every minute the RSI is <30 (or >70 for EURUSD), use a stop of 45 and trail of 5 once profit exceeds 10 pip. Let it close itself, but you need to follow the trail. All scalpers use a bot. But if you have time, do it manually. Watch out for days when the bias trend is temporarily strongly reversed eg, correction about once a week.
Though is not my thread, yours is a completely different system than was set out, by the Op.

I believe you have a fair handle on your methodology, as I am sure others would agree.

As a suggestion, instead of detracting from the original topic, perhaps opening a thread of your own with the full rules of this trade methodology and samples of your trades would serve as an asset to the factory and work to keep this thread on track.

Quoting 50percent
{quote} Not bad. Price action or ROC ?
A combination of both. Was the base of an EA that I provided for a few friends for Christmas...but this too, is another topic.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #66
  • Mar 14, 2015 5:11pm Mar 14, 2015 5:11pm
Quoting Magix
{quote} Yes. {image}
Demo lol
  • #67
  • Mar 15, 2015 6:12am Mar 15, 2015 6:12am
Hi Magix,

thanks for yur effort. I have read all pages but still i did not understood your entry and exit. I have downloaded your h5 zip file and loaded the graph in m1. It looks very promising....

If you can write me again rules for entry and exit would be great help...

thanks
shg
  • #68
  • Mar 17, 2015 4:34pm Mar 17, 2015 4:34pm
demo. lol
  • #69
  • Mar 17, 2015 7:13pm Mar 17, 2015 7:13pm


Quoting Grimace
{quote} Demo lol
Quoting justin7
demo. lol

Given at least 3 identities between you 2 pricks, and a combined total of over 6 years of time in the FF community, with a total of zero to show...

I'd think that a FREE EA that can show these kind of gains would at least show you an idea of trading consistency...

Sadly...

Trolls will be trolls...

Welcome back Acroix...I see being banned once didn't help your personality any.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #70
  • Mar 17, 2015 7:14pm Mar 17, 2015 7:14pm
Quoting shg
Hi Magix, thanks for yur effort. I have read all pages but still i did not understood your entry and exit. I have downloaded your h5 zip file and loaded the graph in m1. It looks very promising.... If you can write me again rules for entry and exit would be great help... thanks shg

Take some time with the template and ideas provided and exercise some observation.

This will be the only way you can decide if this methodology suits your personal ideas of risks and rewards.

Each idea you come across will hopefully lend it's optics to what you may find in your own success.

Best of luck.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71
  • Mar 19, 2015 8:32am Mar 19, 2015 8:32am
This guy trades the 1 Minute chart on a live account.

http://www.forexfactory.com/showthread.php?t=486543
every Saint has a past. Every Sinner has a Future
  • #72
  • Mar 28, 2015 9:43pm Mar 28, 2015 9:43pm
Can somebody please post the template for this system?
  • #73
  • Dec 29, 2015 7:13am Dec 29, 2015 7:13am
Late, but subscribed
  • #74
  • Last Post: Dec 17, 2016 1:27pm Dec 17, 2016 1:27pm
Hi. Looks like a good system. I'm talking about the first one discussed hear n eas came later. How would I do this with an android mt4 on my mobile? I don't get enough time to be near my laptop so I always trade with my android Note 5 mt4 app. What would be the settings I have to use to get this same system in the mt4 android app? U know stochastic settings, MA settings etc? Thanks anyone who helps.
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