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Scalping Trend with DSS and Pullbacks

  • #21
  • Aug 29, 2015 4:25am Aug 29, 2015 4:25am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 41 KB
Hi everybody,
I would like to explain my idea about this valid system. As showed in the following attached
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 41 KB
chart, I use the same system to open the order but without considering the band indicator. More I use zigzag indicator with setting 4-5-3. Time frame M1 for all pairs.
I have not stop loss but I open another order (with the same lot) in the same direction, considering the breakout of zigzag. Important the distance between orders shall be more than 10 pips. If it's needs, other orders shall be opened till I have profit by mediatake system.
MM is considering a lot 0,01 every 150-200 dollars account.
It's possible also considering a stop loss in account percentual if somebody is worried to loose all the money!

Thanks to all and I hope my idea can be valid to improve this system...
  • #22
  • Aug 29, 2015 1:13pm Aug 29, 2015 1:13pm
Quoting ChicagoRob
Very interesting. Trading D1 charts with a bigger TP would lessen parasitic commission costs.
yes it will
Price is too tricky to handle
  • #23
  • Aug 30, 2015 8:18am Aug 30, 2015 8:18am
Quoting polindo
{image}Hi everybody, I would like to explain my idea about this valid system. As showed in the following attached {image}chart, I use the same system to open the order but without considering the band indicator. More I use zigzag indicator with setting 4-5-3. Time frame M1 for all pairs. I have not stop loss but I open another order (with the same lot) in the same direction, considering the breakout of zigzag. Important the distance between orders shall be more than 10 pips. If it's needs, other orders shall be opened till I have profit by mediatake...
good, feel free to post trades
Price is too tricky to handle
  • #24
  • Aug 30, 2015 3:39pm Aug 30, 2015 3:39pm
subscribed: seems like a profitable system,
I'll try to scalp GBPJPY on london open.

will post trade results (live)
  • #25
  • Aug 30, 2015 6:13pm Aug 30, 2015 6:13pm
Quoting polindo
{image}Hi everybody, I would like to explain my idea about this valid system. As showed in the following attached {image}chart, I use the same system to open the order but without considering the band indicator. More I use zigzag indicator with setting 4-5-3. Time frame M1 for all pairs. I have not stop loss but I open another order (with the same lot) in the same direction, considering the breakout of zigzag. Important the distance between orders shall be more than 10 pips. If it's needs, other orders shall be opened till I have profit by mediatake...
wel explained thaks .would you like to share your zigzag indi please .thanks is advance
Say something meaningful or Silence!!
  • #26
  • Aug 30, 2015 6:30pm Aug 30, 2015 6:30pm
Dear FF Admin and all FF Members,

This is a commercial thread. System indicators required dll.
When you remove the template (or indicators), you are being redirected to a commercial site. (fxglow)
Please don't use dll
  • #27
  • Aug 31, 2015 1:17am Aug 31, 2015 1:17am
Quoting classy
{quote} wel explained thaks .would you like to share your zigzag indi please .thanks is advance
You can use Zigzag indicator in MT4... however I attach another version
Importan
Attached File(s)
File Type: mq4 zigZag_polindo.mq4   9 KB | 812 downloads
t to set 4-5-3
  • #28
  • Edited 2:55am Aug 31, 2015 2:32am | Edited 2:55am
Quoting kingofmicro
Dear FF Admin and all FF Members, This is a commercial thread. System indicators required dll. When you remove the template (or indicators), you are being redirected to a commercial site. (fxglow) Please don't use dll
This is 100% Free. No commercial. I got all indicators FREE on sites and forums

You can remove all DLL indicators as you wish
Price is too tricky to handle
  • #29
  • Aug 31, 2015 2:33am Aug 31, 2015 2:33am
Quoting openyoureyes
subscribed: seems like a profitable system, I'll try to scalp GBPJPY on london open. will post trade results (live)
good. will post trades later
Price is too tricky to handle
  • #30
  • Aug 31, 2015 3:34am Aug 31, 2015 3:34am
Sell EURUSD exit 7 pips

Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 32 KB
Price is too tricky to handle
  • #31
  • Aug 31, 2015 4:06am Aug 31, 2015 4:06am
Quoting polindo
{quote} You can use Zigzag indicator in MT4... however I attach another version Importan{file}t to set 4-5-3
good, show us examples of your suggestion
Price is too tricky to handle
  • #32
  • Aug 31, 2015 4:09am Aug 31, 2015 4:09am
buy UsdJpy 6 pips exit
Attached Image (click to enlarge)
Click to Enlarge Name: uj1.PNG Size: 31 KB
Price is too tricky to handle
  • #33
  • Aug 31, 2015 4:29am Aug 31, 2015 4:29am
Sell AudUsd, Went 4 pips profit but closing to 1 pip profit exit

Attached Image (click to enlarge)
Click to Enlarge Name: au2.PNG Size: 41 KB
Price is too tricky to handle
  • #34
  • Aug 31, 2015 4:39am Aug 31, 2015 4:39am
buy on USDCAD, moving SL to swing low about 7 pips. PA looks to move down. OK to close this to breakeven

Attached Image (click to enlarge)
Click to Enlarge Name: UC1.PNG Size: 33 KB
Price is too tricky to handle
  • #35
  • Aug 31, 2015 4:44am Aug 31, 2015 4:44am
Quoting trikg
buy on USDCAD, moving SL to swing low about 7 pips. PA looks to move down. OK to close this to breakeven {image}

closed at break even with small profit. dont be greedy in scalping. if price action looks indecisive. better to exit in small profit or loss

Attached Image (click to enlarge)
Click to Enlarge Name: UC2.PNG Size: 44 KB
Price is too tricky to handle
  • #36
  • Aug 31, 2015 4:54am Aug 31, 2015 4:54am
Quoting trikg
{quote} good, show us examples of your suggestion
As in the chart I open the firth sell order down on the left.
I have not profit, so I open a second sell order just the prize breakout sell zigzag indicator. Important... the distance between firth and second sell order must be more than 10-15 pip.
The prize went down and I take profit. My target usually is 5 pip on M1.


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM1.png Size: 40 KB
  • #37
  • Aug 31, 2015 7:07am Aug 31, 2015 7:07am
Quoting polindo
{quote} As in the chart I open the firth sell order down on the left. I have not profit, so I open a second sell order just the prize breakout sell zigzag indicator. Important... the distance between firth and second sell order must be more than 10-15 pip. The prize went down and I take profit. My target usually is 5 pip on M1. {image}
good, looks clear. update us with results
Price is too tricky to handle
  • #38
  • Aug 31, 2015 7:42am Aug 31, 2015 7:42am
Quoting polindo
{quote} You can use Zigzag indicator in MT4... however I attach another version Importan{file}t to set 4-5-3

thanks a lot for your time and efforts.God bless you.
Say something meaningful or Silence!!
  • #39
  • Aug 31, 2015 8:40am Aug 31, 2015 8:40am
Quoting kingofmicro
Dear FF Admin and all FF Members, This is a commercial thread. System indicators required dll. When you remove the template (or indicators), you are being redirected to a commercial site. (fxglow) Please don't use dll
I removed indicators/template and nothing happened . Instead, it seems a good scalping system , totally free.
  • #40
  • Aug 31, 2015 9:36am Aug 31, 2015 9:36am
M5 EURUSD Short 10pips

Attached Image (click to enlarge)
Click to Enlarge Name: EU-1.PNG Size: 40 KB
Price is too tricky to handle
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