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Great system Nix, I love the Price Trigger mq4, I got it going on Alpari demo but when i try and get it working in Windsor Brokers demo it just flatlines, any idea's, thanks Jonmem
I think scalping is good only when you are making profit with it I tried this technique and completely useless. I know there are master of scalping here but its not suitable for everyone. On ATC 2008, second and third prize gone to scalpers! its sound good.
Great system Nix, I love the Price Trigger mq4, I got it going on Alpari demo but when i try and get it working in Windsor Brokers demo it just flatlines, any idea's, thanks Jonmem
I’d say most traders, at least in their newbie age, start whit a kind of scalping system. I guess there also lots of traders doing both scalp and swing system because it also depends of how market goes. Adelin
Hi,
I don't recommend to use NonLagDots at all because it's based on one of early versions of NonLagMA and uses wrong settings(don't use ColorBarBack=2).
When indicator re-paints on current bar - it's OK.
But when it re-paints previous bars - it's wrong (excluding some channels and fitting tools).
I’d say most traders, at least in their newbie age, start whit a kind of scalping system. I guess there also lots of traders doing both scalp and swing system because it also depends of how market goes. Adelin
hi adelin, I agree but I’d say most newbies start on that way because of our usual greed behavior. Anyways once a trader test how it goes when swinging he realizes that is also a good source of profits. Anyway that a good subject to talk about
Here is some help for scalpers who don't know or don't want to learn MQL.
These scripts are used to quickly setup a LONG or SHORT position with predefined TakeProfit and StopLoss values using basic money management.
The money management is implemented to ensure that you will not loose more than a predefined amount of you margin account.
The scripts have the following variables, which are used for fine tuning the script:
Code:
int Risk = 2; // Percent of acount to risk in percents
int TakeProfit = 10; // Take Profit in Pips
int StopLoss = 10; // Stop Loss in pips
int Slippage = 2; // Slippage in pips
bool ConsiderSpread = true; // Consider spread when calculating stop loss and take profit.
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
double MinimumLotSize = 0.1; // Use minimum lotsize of 0.1 lots
double MaximumLotSize = 10; // Use maximum lotsize of 10 lots
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
bool AskForConfirmation = true; // Show a confirmation dialog box before placing the order to market
Scalping
I tried this technique and completely useless. I know there are master of scalping here but its not suitable for everyone. On ATC 2008, second and third prize gone to scalpers! its sound good.
Linear Mode
