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Need4Speed Scalping

  • #521
  • Jun 5, 2015 6:40pm Jun 5, 2015 6:40pm
ما شاء الله نتيجه ما أروعها
Mash alla my brother Khalil. It is a great successes you have made.

StOoOk
if there is market there will be opportunities
  • #522
  • Jun 8, 2015 2:53am Jun 8, 2015 2:53am
Hi members ,

i Use a 4 Digit account so there must be changes in the values to enter . Well Can some provide some more info .

the speed interpretation on 4 digit [ 20 speed on 1 second]
the speed interpretation on 5 digit [ 20 speed on 1 second]

are these settings rite or wrong .
Mastering the Pair
  • #523
  • Jun 8, 2015 3:30am Jun 8, 2015 3:30am
Quoting Janfx
Hi members , i Use a 4 Digit account so there must be changes in the values to enter . Well Can some provide some more info . the speed interpretation on 4 digit [ 20 speed on 1 second] the speed interpretation on 5 digit [ 20 speed on 1 second] are these settings rite or wrong .
All input parameters are in points, so to answer your question:

the speed interpretation on 4 digit [ 20 speed on 1 second] = 20 pips per second
the speed interpretation on 5 digit [ 20 speed on 1 second] = 2 pips per second
  • #524
  • Jun 8, 2015 4:34am Jun 8, 2015 4:34am
Quoting rrrem
{quote} All input parameters are in points, so to answer your question: the speed interpretation on 4 digit [ 20 speed on 1 second] = 20 pips per second the speed interpretation on 5 digit [ 20 speed on 1 second] = 2 pips per second
No guts, no glory
  • #525
  • Jun 8, 2015 4:42am Jun 8, 2015 4:42am
Quoting rrrem
{quote} All input parameters are in points, so to answer your question: the speed interpretation on 4 digit [ 20 speed on 1 second] = 20 pips per second the speed interpretation on 5 digit [ 20 speed on 1 second] = 2 pips per second

Confused
5 digits works on points and 4 digits on pips . well the case is

if 20 pips in 4 digits means 200 points in 5 digits. rite???

so
[[

the speed interpretation on 5 digit [ 20 speed on 1 second] = 20 pips per second
the speed interpretation on 4 digit [ 20 speed on 1 second] = 2 pips per second
]]

is this interpretation rite ? ?
Mastering the Pair
  • #526
  • Jun 8, 2015 4:53am Jun 8, 2015 4:53am
Quoting Janfx
{quote} Confused 5 digits works on points and 4 digits on pips . well the case is if 20 pips in 4 digits means 200 points in 5 digits. rite??? so [[ the speed interpretation on 5 digit [ 20 speed on 1 second] = 20 pips per second the speed interpretation on 4 digit [ 20 speed on 1 second] = 2 pips per second ]] is this interpretation rite ? ?
The minimum fraction on a 5-digit broker is called Point or Pippet.
While on a 4-digit broker it is called Pip.

In General 1 Pip = 10 Points.

In your case (a 4-digit broker) , a setting of 2 for "Speed Threshold", and 1 for "Time in Seconds" for majors is fine.
No guts, no glory
  • #527
  • Jun 8, 2015 4:53am Jun 8, 2015 4:53am
Example Live trade on Gold

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM30.png Size: 77 KB
No guts, no glory
  • #528
  • Jun 8, 2015 5:39am Jun 8, 2015 5:39am
Combining the two concepts of Need4Speed for Entry and Low Volume Candles for Exit

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 90 KB
No guts, no glory
  • #529
  • Jun 8, 2015 7:33am Jun 8, 2015 7:33am
Yet another successful day for Turbo (Manual). 5% achieved in about 2 hours.
No guts, no glory
  • #530
  • Jun 8, 2015 8:04am Jun 8, 2015 8:04am
Hello Abokwaik,
what are your blue and red arrows on your chart?
tx
S
  • #531
  • Jun 8, 2015 8:06am Jun 8, 2015 8:06am
Quoting sbenichou1
Hello Abokwaik, what are your blue and red arrows on your chart? tx S
Check this new thread Low Volume Candles
No guts, no glory
  • #532
  • Jun 8, 2015 8:14am Jun 8, 2015 8:14am
Quoting abokwaik
Yet another successful day for Turbo (Manual). 5% achieved in about 2 hours.
Well, another 3% wont hurt anyone
No guts, no glory
  • #533
  • Jun 8, 2015 8:39am Jun 8, 2015 8:39am
Thank you Abokwaik
  • #534
  • Jun 8, 2015 8:56am Jun 8, 2015 8:56am
One free hint for Need4Speed users :
Don't trade against the Maximum Registered Speed for the day (wither MxBulls or MxBears), Drive Safely! :nerd:
No guts, no glory
  • #535
  • Jun 8, 2015 9:13am Jun 8, 2015 9:13am
Quoting abokwaik
One free hint for Need4Speed users : Don't trade against the Maximum Registered Speed for the day (wither MxBulls or MxBears), Drive Safely! :nerd:
Abowaik, Whats the latest indicators you're trading with?

I have downloaded the manual turbo indicator but not getting any strength readings on the chart.
  • #536
  • Jun 8, 2015 9:21am Jun 8, 2015 9:21am
Abokwaik,
if i clearly understand, you enter trades with NS (combined with what other indicator??) and target LVC?
Tx
S
  • #537
  • Jun 8, 2015 9:42am Jun 8, 2015 9:42am
Quoting ilambat
{quote} Abowaik, Whats the latest indicators you're trading with? I have downloaded the manual turbo indicator but not getting any strength readings on the chart.
Quoting sbenichou1
Abokwaik, if i clearly understand, you enter trades with NS (combined with what other indicator??) and target LVC? Tx S
This is my template, all standard indicators except Need4Speed of course. Showing EURUSD Trades I took today, Entry and Exit Manually Guided by N4S_05.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM152.png Size: 60 KB


LVC is still a concept under discussion in another forum with master hukam. I just threw it over the N4S on such a Lovely Day.

In the above chart Notice tha Max Bull Speed of 84 (more than double of Max Bear Speed 41).
Only the first trade taken after max bear speed ended in loss, Once Max Bull Speed appeared, I took trades only in its direction, all ended with profit.
No guts, no glory
  • #538
  • Jun 8, 2015 9:48am Jun 8, 2015 9:48am
watching
  • #539
  • Jun 8, 2015 9:48am Jun 8, 2015 9:48am
Abokwaik,
what are your parameters for NS5?
tx
S
  • #540
  • Jun 8, 2015 9:51am Jun 8, 2015 9:51am
Quoting sbenichou1
Abokwaik, what are your parameters for NS5? tx S
For Majors 20pps (20 points per second for a 5-digit broker, OR, 2 for a 4-digit broker).
30pps for Gold.

Remember I am disabling live trading, and read the signals for my manual trading atm.
No guts, no glory
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