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Attachments: DayTrading Scalping Strategy M5 & M1
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DayTrading Scalping Strategy M5 & M1

  • #41
  • Oct 12, 2015 2:00pm Oct 12, 2015 2:00pm
Quoting nthusiw
Hello Traders! My name is Nathan Nthusi. Today I share my scalping strategy here for free so that traders that those who like scalping can enjoy! Its simple, follow these simple rules/steps: 1. Wait for the DIVERGENCE bullish or bearish 2. This has to be followed up by GREEN or RED buffer signal for a trade to be taken http://prntscr.com/8p0tt9 These 2 simple conditions have to occur. The order is VERY important. The Buffer signal is the primary Indy here guys. Ignore the other divergence signal if the buffer colour do not match. Ok,...

Can you give me a mql4 version of the indicator?
  • #42
  • Oct 13, 2015 2:13am Oct 13, 2015 2:13am
6.7 pips so far, this morning.
The last trade i took if i would hold it, it would bring me more than 20 pips...!!! But i stuck to the rules, so it is ok!
Let's continue...

Syl
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  • #43
  • Oct 13, 2015 3:20am Oct 13, 2015 3:20am
Quoting KirillovYV
Interesting strategy! :-)

Yes sir ... Very simple as you can see
Just like a Midget at a urinal am always on my toes
  • #44
  • Oct 13, 2015 3:22am Oct 13, 2015 3:22am
Quoting sylbolid
6.7 pips so far, this morning. The last trade i took if i would hold it, it would bring me more than 20 pips...!!! But i stuck to the rules, so it is ok! Let's continue... Syl {image}
Nice trade there mate ...

I realized the indicator will omit some divergence lines depending on your broker data feed

However its a nice trade! ... well done
Just like a Midget at a urinal am always on my toes
  • #45
  • Oct 13, 2015 3:27am Oct 13, 2015 3:27am
My trade this morning ...

Like i said yesterday friends ... we need volume to make good trades using this very simple strategy ... when market is choppy strategy will struggle to remain profitable

EURUSD long from this morning off the Bullish Divergence on M1 chart ... #trademark trade early London open... Not the first time we catching this kind of breakout guys
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Just like a Midget at a urinal am always on my toes
  • #46
  • Oct 13, 2015 4:18am Oct 13, 2015 4:18am
Quick scalp ... EURUSD short

PIP & RUN

Again very easy friends! ... Easy as A-B-C
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Just like a Midget at a urinal am always on my toes
  • #47
  • Oct 13, 2015 4:40am Oct 13, 2015 4:40am
Trade Explorer is slow to sync .. 3hrs now .. High server load i guess

Heres myfxbook i published

Goal is to show how possible it is to make +4% to +8% consistently per day

https://www.myfxbook.com/members/nth...alping/1393024
Just like a Midget at a urinal am always on my toes
  • #48
  • Oct 13, 2015 4:40am Oct 13, 2015 4:40am
Quoting nthusiw
{quote} Nice trade there mate ... I realized the indicator will omit some divergence lines depending on your broker data feed However its a nice trade! ... well done
Hi Nathan,

you are right, my divergence sometime are different than yours... what can i do?

Syl
  • #49
  • Oct 13, 2015 5:32am Oct 13, 2015 5:32am
Quoting sylbolid
{quote} Hi Nathan, you are right, my divergence sometime are different than yours... what can i do? Syl
Not sure what can be done

Tick volume data varies from broker to broker

Nothing wrong with the Indy IMHO
Just like a Midget at a urinal am always on my toes
  • #50
  • Oct 13, 2015 6:32am Oct 13, 2015 6:32am
Quoting nthusiw
{quote} Not sure what can be done Tick volume data varies from broker to broker Nothing wrong with the Indy IMHO
Ok, no problem, i know the indi is very good!

Syl
  • #51
  • Oct 13, 2015 6:50am Oct 13, 2015 6:50am
Gettin' money like m post to be ...

Here are my trades so far today

EURUSD only!
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Just like a Midget at a urinal am always on my toes
  • #52
  • Oct 13, 2015 6:50am Oct 13, 2015 6:50am
Hi nthusiw, May I ask what was your entry account balance? I see that you are always risking/trading 50Lots, that's quite a lot. based on your account, you are master of your scalping technique. Keep your good work and many pips to you...
  • #53
  • Oct 13, 2015 6:51am Oct 13, 2015 6:51am
I didn't take all the signal, otherwise i would have more pips in my poket, but still in profit:
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  • #54
  • Oct 13, 2015 7:10am Oct 13, 2015 7:10am
Quoting bossko1
Hi nthusiw, May I ask what was your entry account balance? I see that you are always risking/trading 50Lots, that's quite a lot. based on your account, you are master of your scalping technique. Keep your good work and many pips to you...
Many thanks sir

All in a days work

If you check closely my pip value is $5 per pip

That means that 50 lots on Liteforex is 5 standard lots ... weird broker though .. ha!

nway am making and loosing $% per pip

Happy trading to you too buddy
Just like a Midget at a urinal am always on my toes
  • #55
  • Oct 13, 2015 7:14am Oct 13, 2015 7:14am
Quoting sylbolid
I didn't take all the signal, otherwise i would have more pips in my poket, but still in profit: {image}

Rightly so buddy ...

Still a plus ... More practice will enable you see dummy moves ... market makers shaking off weak holders with pullbacks and indy changes colour

Exit signal only for market to rally

Happens often early London session ..

But hey, you know what they say .. " you never go wrong with taking a profit'
Just like a Midget at a urinal am always on my toes
  • #56
  • Oct 13, 2015 8:02am Oct 13, 2015 8:02am
Lets all have fun with the EURO guys ...

Simple strategy guys ...

Free strategy ...

A few back-to-back losses but is OK? ....choppy session .. London out for lunch

Practice Practice Practice ...

Here are my trades so far as reflected on trade explorer above ....
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Just like a Midget at a urinal am always on my toes
  • #57
  • Oct 13, 2015 10:39am Oct 13, 2015 10:39am
Nathan,

very nice strategy, i like it! Please post more!!!

I am done for today, total 10.4 pips, that is 2% of my micro account.
Once i menage well this strategy i will implement it in my normal account!
One question: how long have you been using this stretegy? During the bad days, what is your percentage of drawndown?

Thanks!
Syl
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  • #58
  • Oct 13, 2015 12:56pm Oct 13, 2015 12:56pm
Can someone upload a mql4 version of the indicator? Thanks
  • #59
  • Oct 13, 2015 3:51pm Oct 13, 2015 3:51pm
Quoting avo
Can someone upload a mql4 version of the indicator? Thanks
I will look for this in my drop box tomorrow sir ... take it easy .. if i find i will upload here
Just like a Midget at a urinal am always on my toes
  • #60
  • Oct 14, 2015 2:30am Oct 14, 2015 2:30am
Bad start of the day, the euro seems to be bullish until now, but we have plenty of time to get the money back and make some profit.
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