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Attachments: A Guide to Creating a Minimalistic Scalping Strategy
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A Guide to Creating a Minimalistic Scalping Strategy

Quoting GPips
Thank you Erebus for sharing the Currency Strength Giraia indicator! Can you or anyone else here that has experience with this CSM tell us what time frame this indicator is using for its calculations? As we all know a pair can be in a strong uptrend on the Daily or Weekly & the same pair can be in a strong downtrend on the 1 minute or 5 minute. I notice no change in strength or weakness of the signals if you change time frames so it must be set to a certain time frame. It would be nice to know what time frame this indi is referencing. Thank you...
Hey, no problem, it is posted here all over ForexFactory, no credit to me

Full marks to the excellent reply given by diamonddbw

If you really want to more about any Strength Meter, try a search or read this thread complete

https://www.forexfactory.com/showthread.php?t=163158

Or at least from Post 51

Watch what it does on your chart is the best, personal experience!
Maximize wins, minimize loss, stay in the game as long as you can
this might be helpful for your strategy
Attached File(s)
File Type: mq4 Three_MA_Cross_Arrows.mq4   10 KB | 457 downloads
Quoting mades
this might be helpful for your strategy {file}
Thanks mades,

Great of you! I found another one:

Attached File(s)
File Type: mq4 3 MA.mq4   5 KB | 314 downloads


But I am afraid this one is not perfect. This paint an arrow when two EMA are above or below SMA. But it should work when 12-EMA cross 26-EMA and cross 55-SMA than it pain an arrow. It is subtle difference but big enough to look for other indicator.

Best guys!
  • Post #64
  • Quote
  • Edited 11:02am Apr 24, 2017 9:15am | Edited 11:02am
S/R indicator may be useful for enter/exit.
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Hi All,

Two trades today. London open:

+21 pips

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and NY open:

+13 pips

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Done for Today.
Quoting Plainview
Hi All, Two trades today. London open: +21 pips {image} and NY open: +13 pips {image} Done for Today.
Excellent! I'm fore-testing this strategy in a practice account. I need to improve my observation and timing skills I see. Please continue your teaching sir.
Cheers
OP, why dont you create trade explorer?
Quoting ghostman10
OP, why dont you create trade explorer?
Here we go, always someone comes along with this. Why doesn't he post a TE? simple: he doesn't have to. A strategy is being shared and its up to you to test it. Even if one was posted it doesn;t mean other could replicate the results, its not a mechanical system but has a discretionary element to it.
French election is kicking EUR up!

London open:

+18 pips

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Waiting for NY open.
That big green candle is not in Tokio session?
Ranging market begun.

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Lots of false signals. Sporting this early is the main thing with this system.
Quoting ionut_blue
That big green candle is not in Tokio session?
It was European news that boosted price, and still, it was after Frankfurt.
I doesnt get a signal. The only thing to filter such ranging is to check the higher timeframes for a trend. The shoud be in sync
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Everyday better.
Quoting arlucad
I doesnt get a signal. The only thing to filter such ranging is to check the higher timeframes for a trend. The shoud be in sync {image}
True. 5M, 10M all show ranging.
yes i think 5m should be in a trend also then we can trade alot safer. eventually m15 also.
Everyday better.
Quoting arlucad
yes i think 5m should be in a trend also then we can trade alot safer. eventually m15 also.
Yeah, should be good. Check 15M, 5M and take your positions on 1M considering this two higher timeframes.
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I don't know if this brilliant system will work on GER30 or not, but when I woke up this morning I saw a signal and placed a limit order to go long at 12450, with a SL at 12435. See what happens. The order was triggered at 06:22 NY time.
Quoting oztrader79
{quote} Here we go, always someone comes along with this. Why doesn't he post a TE? simple: he doesn't have to. A strategy is being shared and its up to you to test it. Even if one was posted it doesn;t mean other could replicate the results, its not a mechanical system but has a discretionary element to it.
Why is it being cool not to use trade explorer lol? It helps the traders to see trades more clearly and verify the system, i don't see any disadvantage.
Quoting ghostman10
{quote} Why is it being cool not to use trade explorer lol? It helps the traders to see trades more clearly and verify the system, i don't see any disadvantage.
Cool? Who said anything about cool? My previous post answered your question and I won't repeat myself.
Took a trade and won 5 pips nice system.
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