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Need4Speed Scalping

  • #321
  • May 4, 2015 6:41am May 4, 2015 6:41am
Quoting abokwaik
{image}
GU currently in resistance zone. It may reverse or break thru!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #322
  • May 4, 2015 8:21am May 4, 2015 8:21am
A nice fluke perhaps With low threshold of 35 on gold M5
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  • #323
  • May 4, 2015 9:03am May 4, 2015 9:03am
Hi there, regarding DAX, I just used the EA (and now the indi version) exactly as it came out of the box, except with the indi I changed the higher TFs to 5m, 15m, and H1. By the way, with regard to the higher TFs do the tick counts relate to the last closed candle or is it dynamic eg for the H1 setting is it looking at the exact last 60 minutes or last closed candle? Thank you.
  • #324
  • May 4, 2015 9:05am May 4, 2015 9:05am
if anyone has any recommendations on changes to make to the settings for the DAX please shout them out, happy to test them all!
  • #325
  • May 4, 2015 9:24am May 4, 2015 9:24am
Hi IndexScalper,

As a scalper of the DAX and CAC40 (i'm french), i just let the EA and the indi running out for the day. I will check the result tonight.
Basically i changed the higher TF as you do (M5, M15 and H1).
I think this tools can improve our ratio of win trades.
  • #326
  • May 4, 2015 9:45am May 4, 2015 9:45am
Quoting IndexScalper
Hi there, regarding DAX, I just used the EA (and now the indi version) exactly as it came out of the box, except with the indi I changed the higher TFs to 5m, 15m, and H1. By the way, with regard to the higher TFs do the tick counts relate to the last closed candle or is it dynamic eg for the H1 setting is it looking at the exact last 60 minutes or last closed candle? Thank you.
Just came out of a loooong meeting with staff.

Its static IndexScalper, however you gave me an excellent idea, what if we make it dynamic ? it will be closer to Price Action
No guts, no glory
  • #327
  • May 4, 2015 9:50am May 4, 2015 9:50am
GBPUSD chopped me up and down today. First Trade went into over +450 points (45 pips) before closing at TS of 3 pips.
Maybe I was too optimistic on targets.
No guts, no glory
  • #328
  • May 4, 2015 10:15am May 4, 2015 10:15am
Quoting abokwaik
GBPUSD chopped me up and down today. First Trade went into over +450 points (45 pips) before closing at TS of 3 pips. Maybe I was too optimistic on targets.
FIRST rule of scalping...kill greed. take small profits. Its called scalping for a reason. Except if you are just trend trading of course...

Good job you are doing...
  • #329
  • May 4, 2015 10:36am May 4, 2015 10:36am
OK. Closed current trades manually.
Changed the TFs to M15, H1, H4 and reduced Risk:Reward to 2:3.
Speed for Gold to 50 pps instead of 100.
No guts, no glory
  • #330
  • May 4, 2015 11:21am May 4, 2015 11:21am
hi Jb38, that's interesting. We should compare notes here. I'm not looking for an automated solution, I manually trade and am happy to carry on doing so, it would be great if it turns out incorporating the Need4speed indi increases profitability. Also I had never properly considered the CAC40 as an instrument to trade but I see I can get the same spread as per DAX so I now have a CAC40 chart running with my DAX template on it and will watch. Thanks. I occasionally trade FTSE but find that too slow, hopefully The CAC40 will be more like the lovely DAX!
  • #331
  • May 4, 2015 1:39pm May 4, 2015 1:39pm
Quoting abokwaik
1. Indicator with corner display bug fixed, and Color Change of "Time Frame Codes" based on Net Impulses. This is an Indicator which goes under Indicators Folder. {file} 2. Same Indicator as an Expert with above fixes (Acting as indicator). {file} Either one can be used for manual trading.
Hello Khalil bro,

Just in confusion as missed some post, try to re-read but want your confirmation.

We need to run EA version 05 along with these two indicators?
If you believe in yourself anything is possible !!
  • #332
  • May 4, 2015 2:07pm May 4, 2015 2:07pm
Quoting imifx
{quote} Hello Khalil bro, Just in confusion as missed some post, try to re-read but want your confirmation. We need to run EA version 05 along with these two indicators?
Hi imifx,Indicators are for manual trading. They are already built in version 5 of the EA.
No guts, no glory
  • #333
  • May 4, 2015 2:14pm May 4, 2015 2:14pm
Quoting abokwaik
{quote} Hi imifx,Indicators are for manual trading. They are already built in version 5 of the EA.
Great Khalil

Need a favor if you can add trading buttons and SL TP lot size option as you developed in earlier version.
If you believe in yourself anything is possible !!
  • #334
  • May 5, 2015 6:38am May 5, 2015 6:38am
This might be interessting for some of you. Default settings on selected pairs. I started with V4 and ended with V5. Maybe there is more potential but I don't want invest more time since I do not see any step forward.
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Good luck everybody!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #335
  • May 5, 2015 7:36am May 5, 2015 7:36am
Quoting JibalaPasan
This might be interessting for some of you. Default settings on selected pairs. I started with V4 and ended with V5. Maybe there is more potential but I don't want invest more time since I do not see any step forward. {image} {image} {image} {image} Good luck everybody! Jibala
An idea? Impulses are useful for scalping? Try a 2 pip stop; and a 2 pip trailing stop with a high Threshold..(and if you'd like a MASSIVE TP)
  • #336
  • May 5, 2015 7:47am May 5, 2015 7:47am
Quoting IndexScalper
hi Jb38, that's interesting. We should compare notes here. I'm not looking for an automated solution, I manually trade and am happy to carry on doing so, it would be great if it turns out incorporating the Need4speed indi increases profitability. Also I had never properly considered the CAC40 as an instrument to trade but I see I can get the same spread as per DAX so I now have a CAC40 chart running with my DAX template on it and will watch. Thanks. I occasionally trade FTSE but find that too slow, hopefully The CAC40 will be more like the lovely...
Hello IndexScalper,

what PPS you are using for DAX?? I am also lover of dax
If you believe in yourself anything is possible !!
  • #337
  • May 5, 2015 7:49am May 5, 2015 7:49am
I am trying different scenarios.

So far the best signals are :

- Bull Signals at bottoms or Support Levels
- Bear Signals at tops or Resistance Levels

Worst Signals are the opposite :
- Bull Signals at tops or Resistance Levels
- Bear Signals at bottoms or Support Levels

Best Time Frames M1 and M5.

Higher time frames filters didn't make big difference.

Better be traded manually with good TA.

Aggressive Mode with: no SL /small TP/multiple orders/No Close on Opposite Signal can do wonders at news time.
No guts, no glory
  • #338
  • May 5, 2015 7:57am May 5, 2015 7:57am
Quoting abokwaik
I am trying different scenarios. So far the best signals are : - Bull Signals at bottoms or Support Levels - Bear Signals at tops or Resistance Levels Worst Signals are the opposite : - Bull Signals at tops or Resistance Levels - Bear Signals at bottoms or Support Levels Best Time Frames M1 and M5. Higher time frames filters didn't make big difference. Better be traded manually with good TA. Aggressive Mode with: no SL /small TP/multiple orders/No Close on Opposite Signal can do wonders at news time.
Hello Bro,

I agree that manual trade with TA will be good but you need to educate us and give some example.
If you believe in yourself anything is possible !!
  • #339
  • May 5, 2015 8:21am May 5, 2015 8:21am
Version 5

Today's trades
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If you believe in yourself anything is possible !!
  • #340
  • May 5, 2015 10:01am May 5, 2015 10:01am
Hello everyone!
AbokWaik, could put some pictures for Traders Manual?
What indicators uses beyond N4S?
This would serve as examples for traders beginners like me.
thank you
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