PVSRA Scalping with Cigarguy | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PVSRA (Price, Volume, S&R Analysis) 8,488 replies

PVSRA Scalping EA 1,290 replies

PVSRA Scalping 13 replies

Scalping M5 with PVSRA / 10pips Daily 64 replies

PVSRA Scalping 0 replies

Attachments: PVSRA Scalping with Cigarguy
Exit Attachments

PVSRA Scalping with Cigarguy

  • #121
  • Jan 24, 2016 8:20am Jan 24, 2016 8:20am
Quoting extraw
{quote} As I see, you can change risk factor, TP and SL in Inputs tab on Properties window of the EA. What do you need to modify? I haven't test it. Do the EA work well? Please give me more details what you want to change or any error of the EA.
Thanks extraw,

Yes I change risk factor and SL,TP. I see some warning in this EA. I think no need of button buy .50/.100 and sell .50/.100. If possible buy stop and sell stop button will be more effective here. buy stop and sell stop would be 10/15 pips far from current price. It will be a nice thing for us. I think.

Thanks again.
  • #122
  • Jan 24, 2016 8:54am Jan 24, 2016 8:54am
Quoting saiffx
{quote} Thanks extraw, Yes I change risk factor and SL,TP. I see some warning in this EA. I think no need of button buy .50/.100 and sell .50/.100. If possible buy stop and sell stop button will be more effective here. buy stop and sell stop would be 10/15 pips far from current price. It will be a nice thing for us. I think. Thanks again.
Good idea, I will give it a try.
About warnings, it's just about converting data type, I will check again and fix them if necessary.
  • #123
  • Jan 24, 2016 8:58am Jan 24, 2016 8:58am
Quoting extraw
{quote} hello cigarguy, To summarize, you need a Button to Close All orders on the chart, right? I think you can use the original Ordermanager EA, just don't touch the Buy or Sell button. Or you afraid you will click them by mistake ?
extraw,

Thanks I PM'd....
Keep It Simple
  • #124
  • Jan 24, 2016 12:03pm Jan 24, 2016 12:03pm
Quoting cigarguy
Here is the MA ribbon I used in the posted chart. Suggestions either pro or con are welcomed as to it's use or settings. The Dragon trend indicator has served all PVSRA traders well and it has also been changed from the original code as the PVSRA system has evolved. I am not recommending any change only an idea that I have been testing. Any restraints that were applied prior to this thread are now removed and I encourage all, new and experienced traders to participate and get involved. {file} {file}

Hello

What settings do you use for the "ribbon filled MA"?

Thanks!

PGPB
  • #125
  • Edited 12:30pm Jan 24, 2016 12:18pm | Edited 12:30pm
Quoting pgpb
{quote} Hello What settings do you use for the "ribbon filled MA"? Thanks! PGPB
pgpb,

They have user inputs. The ones seen in the charts are default but with a new PVSRA Trend indicator coming out they can be set to match 50 and 25 if desired.
Attached Image (click to enlarge)
Click to Enlarge Name: Ribbon MA Settings.jpg Size: 42 KB
Keep It Simple
  • #126
  • Jan 24, 2016 12:25pm Jan 24, 2016 12:25pm
Volume indicator plays important role in scalping.

Volume represents the activity of professional traders during the time period from the open of the candle until the close.
  • #127
  • Edited 2:04pm Jan 24, 2016 12:38pm | Edited 2:04pm
Quoting saiffx
Volume indicator plays important role in scalping. Volume represents the activity of professional traders during the time period from the open of the candle until the close.
Yes, and Broker dependent but close enough to trade with a system;

" Volume - Increases in activity denote increase in interest. But, is it long or short interest? Where is price in the bigger picture when this is happening? Is it at relative highs, or lows in the overall price action? And if a high volume bar is for a candle which you can examine by going to lower TF charts, you might see where in the spread of that candle the most volume occurred, high or low! Using volume is about taking note of relative increases in volume and what price is doing at the same time. Are the better volumes favoring the lower or the higher prices, as the MMs waffle price up and down? And do the volumes get particularly notable when the MMs take price above or below key SR? "

-tah-
Keep It Simple
  • #128
  • Jan 24, 2016 2:07pm Jan 24, 2016 2:07pm
Hi guys.

just wanted to say good luck to cigarguy and all scalpers in your future endeavors.

Marijan
  • #129
  • Jan 24, 2016 2:35pm Jan 24, 2016 2:35pm
Quoting marijan993
Hi guys. just wanted to say good luck to cigarguy and all scalpers in your future endeavors. Marijan
marijan993,

Thank you and feel free to jump in and participate.......
Keep It Simple
  • #130
  • Jan 24, 2016 2:58pm Jan 24, 2016 2:58pm
Quoting cigarguy
{quote} marijan993, Thank you and feel free to jump in and participate.......
I'm not much of a scalper, I just catch a few FIFO trades when momentum is good. But, thanks for the invite.
  • #131
  • Jan 24, 2016 4:34pm Jan 24, 2016 4:34pm
Quoting saiffx
{quote} Thanks for giving us these scalping tools. I use another EA for quick scalping. It takes 5% risks of capital in every order SL 10 pips TP 15 pips........... Here is this for 4 all. {file} {image}
Loaded this EA (and Ding Dong as well) the usual way in EA folder, neither works...
  • #132
  • Jan 24, 2016 4:41pm Jan 24, 2016 4:41pm
Quoting MidnightRun
{quote} Loaded this EA (and Ding Dong as well) the usual way in EA folder, neither works...
MidnightRun,

You did check the Live Trading box on the Common tab? I use both and working fine....
Keep It Simple
  • #133
  • Jan 24, 2016 5:17pm Jan 24, 2016 5:17pm
Quoting cigarguy
{quote} MidnightRun, You did check the Live Trading box on the Common tab? I use both and working fine....
Thanks! Thought I had checked the box, but did not. Thanks again!
  • #134
  • Jan 24, 2016 5:20pm Jan 24, 2016 5:20pm
Quoting MidnightRun
{quote} Thanks! Thought I had checked the box, but did not. Thanks again!
Keep It Simple
  • #135
  • Edited 6:27pm Jan 24, 2016 6:09pm | Edited 6:27pm
AU M5 FIFO scalp +27.5 (5 lots avg. +5.5) entered short after small retrace to 38.2% fib where rejected twice and break of EMA's and DO with low volume but enough for quick pips.


extraw; Thank you the sound worked great at t/p...............
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDiM5.png Size: 98 KB
Keep It Simple
  • #136
  • Jan 24, 2016 6:21pm Jan 24, 2016 6:21pm
extraw,

The sound worked great on the WUKAR EA........thanks......but I could not get the Ordermanager EA to work and closed as usual NP....
Keep It Simple
  • #137
  • Jan 24, 2016 6:38pm Jan 24, 2016 6:38pm
UJ M5 FIFO scalp +8.6 (2 lots avg +4.3) enered short on break of half number key level and 74.6% fib with notable volume this trade with reduced lots due to Asia retraces.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM5.png Size: 75 KB
Keep It Simple
  • #138
  • Jan 24, 2016 8:02pm Jan 24, 2016 8:02pm
UJ M1 FIFO scalp +29.5 (5 Lots avg. +5.9) entered long after retrace of M1 and then M1 re-joined the M15 trend and break of 76.4% fib and held trade as 2nd retrace and then notable volume to T/P.

Just sniping a few quick pips during this slow Asian Sunday Session.....
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM1.png Size: 70 KB
Keep It Simple
  • #139
  • Jan 24, 2016 8:28pm Jan 24, 2016 8:28pm
So on the UJ 5min on the break down thru the fib you entered a sell, so your trigger was the breaking of the fib? And then on the UJ 1min, trend on the UJ 5&15 were up, the 1min joined them so you entered a buy but I am not seeing where exactly the entry was and what was the trigger other than the 5&15 were up. Also what do the two circled dots, red and yellow with the dotted line represent? Are those those your entry and exit? Any additional clarity would be great. Thank you for sharing...
Enter Signature
  • #140
  • Jan 24, 2016 8:38pm Jan 24, 2016 8:38pm
Quoting jamesr24
So on the UJ 5min on the break down thru the fib you entered a sell, so your trigger was the breaking of the fib? And then on the UJ 1min, trend on the UJ 5&15 were up, the 1min joined them so you entered a buy but I am not seeing where exactly the entry was and what was the trigger other than the 5&15 were up. Also what do the two circled dots, red and yellow with the dotted line represent? Are those those your entry and exit? Any additional clarity would be great. Thank you for sharing...
jamesr24,

The blue dot is my entry and the yellow is where I closed. You might want to go to Post 1 and follow the link to the original PVSRA thread where there are hundreds of examples and explanations regarding the indicators. You can see the retrace on my chart and the break of the fibs all above the MA's notable volume was absent but the currency strength took me to t/p.
Keep It Simple
3 traders viewing now