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Fxbs is a low profile guy, you can find the MTF version from him in here.
And there's a small thread too, about this BBand Stop from Igorad, and in Bar Shape from cja, in here.
And in the pict above, you can use the same setting with the Bollinger Band.
Dont know how it fits you. But since you guys are scalping, the EWO should help you to determine the trend strength. The MACD 2 line is just another addition for you, because I hated the histogram so much on the standard MT4's MACD.
This is the TREX scalping system based on trend and breaks. It looks like this ..
For BUY .. on 1 minute chart
1) Both MACD and ADX should be ticking upwards.
2) Price breaks the upper bollinger after spending some time between the bands. (normal entry)
3) If MACD and ADX are strong, retraces near the MA are also good entry points. (advanced entry)
Stoploss - My favorite technique is to place a sell stop order on the other side of the band. The difference should not be more than 15 pips.
If both gets hit i keep them open, till i get new trades so that all the trades breaks even.
Target - very tricky. Once ADX reaches above 40 i prefer to close. Or downtick in MACD or ADX.
The rules are reverse for sells.
Please test yourself to see if it suits your trading. It will be suitable for all pairs. This is a manual system where quiet markets might yield more pips without whipsawing.
regards.
bro...
i see in your chart..
do you use robot bro?
Ini bukan strategy aku. Kalau hang nak belajar, ikut saje papan ini dari tampal #1, si auto bagikan ini strategy sebagai percuma. Indicator aku hanya suggestion kalau dia nak pakai.
Auto merupai seorang fund manager, walaubagaimana pun, EA dia bukan untuk dijual.
Quote:
Originally Posted by translation
This is not my strategy. If you want to learn, please read from this thread on the #1 post. Auto gave this strategy out for free. My indicator is only a suggestion if you guys wanted to use it.
Auto is a fund manager, therefore, his EA is not for sale.
Ini bukan strategy aku. Kalau hang nak belajar, ikut saje papan ini dari tampal #1, si auto bagikan ini strategy sebagai percuma. Indicator aku hanya suggestion kalau dia nak pakai.
Auto merupai seorang fund manager, walaubagaimana pun, EA dia bukan untuk dijual.
Regards
David
thankz bro...
bro asal mane?
ajar cket bro punyer teknik blh tak?
aku nak tambah lg ilmu forex didada bro..
blh tak bro?
This is the TREX scalping system based on trend and breaks. It looks like this ..
For BUY .. on 1 minute chart
1) Both MACD and ADX should be ticking upwards.
2) Price breaks the upper bollinger after spending some time between the bands. (normal entry)
3) If MACD and ADX are strong, retraces near the MA are also good entry points. (advanced entry)
Stoploss - My favorite technique is to place a sell stop order on the other side of the band. The difference should not be more than 15 pips.
If both gets hit i keep them open, till i get new trades so that all the trades breaks even.
Target - very tricky. Once ADX reaches above 40 i prefer to close. Or downtick in MACD or ADX.
The rules are reverse for sells.
Please test yourself to see if it suits your trading. It will be suitable for all pairs. This is a manual system where quiet markets might yield more pips without whipsawing.
regards.
hi bro auto...
i would like to learn your system bro...
and i already read from the 1st thread until the last thread bro...
if u dont mind can you teach me how to become forex scalper bro...
Linear Mode
