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Edgetrader replied Jul 31, 2009Very good posting and thanks. Am going to stick to my continued assertion that trading this method as designed is still a 25/75% mech./mental trading plan. As there is not one ea promoted on the thread that can produce at any level of consistency, ...
C4 Scalping
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Edgetrader replied Jul 31, 2009Old School ????? — A bit of pissing and moaning on bad hit rates and the like. Once again. PA moves across a MA and is confirmed by a trix some want to now phase out of their equations. Have at it. Is still damned accurate. Regards.
C4 Scalping
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Edgetrader replied Jul 31, 2009The only decision option available!! — This thread was initiated with a simple goal in mind. To provide a simplistic approach to trading the Forex that everyone was 'free' to participate in as they chose. I formatted the initial page as such ...
C4 Scalping
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Edgetrader replied Jul 31, 2009Managed a few manual trades early with both plans. Pretty good signals, even around a news release. Don't give a damn which indi's you use, they all CONFIRM the same thing. WHAT IS THE PA doing? This is the one and done plan. Get them and get out! ...
C4 Scalping
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Edgetrader replied Jul 30, 2009There are any number of indicators available to tell a trader the same thing. The indicators only become an issue when a trader suffers analysis paralysis while trying to choose the eight different ones they want to use. Anne has come a long way in ...
C4 Scalping
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Edgetrader replied Jul 30, 2009Once you get them as you like them, save the chart as a template. Will then come up the same every time.
C4 Scalping
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Edgetrader replied Jul 30, 2009Yeah, said in another post that those uncomfortable with GY could substitute UJ. Less PA but consistent. regards.
C4 Scalping
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Edgetrader replied Jul 30, 2009Never said the plan had a good R/R, in fact said the opposite. Has a good strike rate that is the compensating factor for scalp trading. Cannot overtrade and must have pretty firm daily goals. Have good correlation in some of the pairs so that is a ...
C4 Scalping
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Edgetrader replied Jul 30, 2009He is still testing his MTF indi.. Will advise us when he completes such. Regards.
C4 Scalping
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Edgetrader replied Jul 30, 2009Use the Renko script and apply it to your C4 template. Then, make the candles HA. Then, compare it to your Nitro chart. I am also suggesting taking the wicks away from the HA candles. and you have a very close match. It is a possible way to ...
C4 Scalping
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Edgetrader replied Jul 30, 2009Couple of points to consider Ian which might be of some benefit. 'Nitro' is designed at a TP of +5 as opposed to +10. SL at -20 is ok and can mangae trades a bit tighter I would think. Too much faith put into the diamonds as Swingman has mentioed ...
C4 Scalping
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Edgetrader replied Jul 30, 2009BOOM!!!!!!! ??? Am not sure everybody trading C4 read this posting slowly and acted on the information here!!!!! Very astute observation and makes a clear and concise connection between the strength of Nitro (Renko) and the simplicity of C4. Here ...
C4 Scalping
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Edgetrader replied Jul 29, 2009I am assuming you are not aware of how much testing and work went into the trading plan for TS. It may seem simple, but took me almost a year to get it just how I wanted it. And that was with candlesticks. Only the newer version had Renko, so much ...
C4 Scalping
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Edgetrader replied Jul 29, 2009Asian Trading is interesting. Have been trying to find different combinations that may help refive the MT4 material also. Part of me wishes I would have just kept my yap shut about Nitro. Too late for that now it seems. Anyway, regardless of what a ...
C4 Scalping
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Edgetrader replied Jul 29, 2009As this MT4 material is still being worked on to accomodate the Nitro plan in particular, I would say that is a discretionary decision for a trader. We still have definitive evidence that the LWMA will repaint, although it seems that this is only on ...
C4 Scalping
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Edgetrader replied Jul 29, 2009Remove all of them and re-install all but the clock as it seems to use a good bit of power on some computers. See if it works and let the thread know. Regards.
C4 Scalping
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Edgetrader replied Jul 29, 2009That depends on whether or not folks continue applying efforts to indicators on MT4 platforms. So far, most seem content with some of the indicators in use so we will wait and see. Regards.
C4 Scalping
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Edgetrader replied Jul 29, 2009Forgot about this one this morning. Setup is correct and you assessment is correct. First one is a no trade, second is a potential losing trade. Or, a good trade depending on entry. Tough call there. Regards.
C4 Scalping