Atheer's scalping method 1

Quoting atheer1

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{image}

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Quoting vsine

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{quote} You say "Don't be shy", so I asked.... Below is the first chart you shared. {image} But you know in real life, the chart will not be opened like a book to you but bars by bars it unfold. So I backtrack and show you want I mean... {image} 5th candle appears, enter "BUY" order. Few bars later ... {image} You got stop out if you set SL at the last swing low. Then you wait for the next available trade opportunity ... {image} 5th candle appears, enter "SELL" order. Few bars later ... {image} You got stop out again. I thought ... maybe I have...

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Quoting ondskap

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All I'm saying, is that if a method works in real time, a simple redacted live account summary of trades or a trade explorer that shows real trades would be helpful. Atheer1, can you provide? I have a trade explorer on my page, public viewable. It's a demo but mirrors what my live trades are. I will attempt to start using this method on my trades and see how I really do.

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Quoting ondskap

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I'm always looking to improve and add knowledge to my methods. Surprisingly, I've never worked with EA programming in MT4, one of those things on the to do list. All the testing code I set up is in Excel files, using the raw data and VBA to work with it. Does the job for back testing, pretty flexible. Easier to code than C++ or equivalent hybrid IMO.

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Quoting mrhigurashi

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{quote} Im with you... I don't get it. What is the criteria for a "Type 1" candle? As previously stated (i don't mean to be negative here), all the screen shots just show cherry picked trades from the past. If you cant show live trades then perhaps at least use an indicator to show the trades taken? like the one in my pic. At the moment from what i see is it is just a guessing game with 50/50 probability. {image}

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Quoting jeetvirk

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Hi Atheer looks like good system Thanks to Guilherme for indicator. Try it with renko, morning trade +10 on EU From Arrows u can see its easy to take 10 pips {image}

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Quoting mrhigurashi

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{quote} Or even charts with live trades. Anyone can draw plots on previous charts and say "Look, this was the perfect place to take a trade". So some live forward testing would be good to see. Nice trading by the way. You sure you need a new strategy?[/qu I trade it manual................... I traded both methods for many years........... that is me i don't like to show live trades............its not my journal

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Quoting vsine

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{quote} You say "Don't be shy", so I asked.... Below is the first chart you shared. {image} But you know in real life, the chart will not be opened like a book to you but bars by bars it unfold. So I backtrack and show you want I mean... {image} 5th candle appears, enter "BUY" order. Few bars later ... {image} You got stop out if you set SL at the last swing low. Then you wait for the next available trade opportunity ... {image} 5th candle appears, enter "SELL" order. Few bars later ... {image} You got stop out again. I thought ... maybe I have...

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Quoting curiousmal

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I just wanted to say thank you to "atheer1" for posting his idea and to "guilherme" for taking the time to code the idea into an indicator. Much appreciated , great work you two !!!. Thanks, curiousmal. atheer1: Don't mean to be a free loader, but I was just curious to know what other great scalping ideas do you use for trading ?

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Quoting guilherme

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ok...lets see if I understood what a type 1 candle is. As he said : "opening should be in between lines(not on them)" I didnt see he shared already on #post66 the indicator with the lines. And also: "for the bull one it should have a lower thread extending into other zones other than that of the open" Wich I think it means the wick. So looking at his picture 180 on #post 106, I can see the lower wick come from another zone/line and the open is in between the lines. And a more special type 1 candle would have: "its body should cross more than one...

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Quoting diamonddbw

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Nice work Atheer1. You have obviously spent many months in study of M1 price action. For that, I thank you. And for sharing your experience, I thank you again. Darryl

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