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imransait replied Oct 2, 2007i am sorry, i was experimenting with the settings and did not reset it, so the correct gamma settings are as follows ( I am not able to edit the update post either) Laguerre -1 , Gamma - 0.55 , 9500 Bars, levels 0.85,15, 0.45 Color Blue Laguerre -1 ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007the first lag is of shorter gamma setting and gives many entry oppurtunities and the second lag is of higher gamma setting which gives better exit signals, so there will not be always that they agree , so we got to wait for both of them to atleast ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 20071 min trade when both lags are in agreement — attached is short trade taken and closed for +40 profit
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007My layout for MBT is attached, save it in MBT folder under Layouts and next time u can go to file and click open layout yes, you can place a limit buy order with TTO, which means u place a order and set a Upper TTO ( Profit ) and a Lower TTO ( SL ) ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007well, its not the most user friendly platform, it took me some time to get used to it and now its like the only platform i ever want to use, its fast and effecient they have some webinars recorded, do try to first watch the basic and then the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007good to know u made it on Eur/usd, this method should work good on all pairs and on all markets. We are not able to overlap the laguerre indicator on the charts, so need to see if it can be done , i tried to drag also but it did not work
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007yes, it is same one, i think the commission is 5$ per 100,000 traded , comes to about 0.7 pip per round trip so overall it works out to within 4 pips..so its ok... their execution is world class and very good customer service
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007how do u overlap candlestick with laguerre ? seems interesting
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 20071 min trading has lots of noise and only those who are on g/jpy or any other pair for atleast one year will know where support is and where it will zoom up, so if u want less noise , use 5min timeframe, its best for all time and for all currencies ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007any programmer who can program alerts for the laguerre pls do get in touch with me or use the rules setup in post #200 and make some alerts and post here so we can test it out Basil, you can use the 5min time frame to test g/jpy , its got fantastic ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007you can also try g/jpy on 5 mins..works like a charm even with 8 pip spreads
just make sure that both the lags are agreeing to the price action and ur 30-50 pips are guaranteedSimple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007Karmo Try my scalping method in demo and see how it does on the 1 min g/jpy, its doing good...check my thread
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Oct 1, 2007This method can be used on any broker who support MT4 , try northfinance as they have unlimited unexpiring demo
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007Hi thanks for your message, rules are for basic understanding and its left to the trader to pull the trigger if he or she is comforable. Specially after adding the second Lag indicator, my trading has gone a step higher and its a new experience to ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007Hi Spence I am using the Laguerre indicator method since last one week as mentioned in the first post. I must have left out that i am trading this same method but only with RSI and Stochs for 4 months, with same success. I do apologise if this is ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007a trade call — Pls take this trade only if u can withstand a 50 pip loss Short from 236.50 - SL 237.00 1st Tp 234.60 2nd Tp 233.46 it may take 2 day to reach this, pls trade at ur discretion. I am taking this trade on a higher time frame chart.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007Yes, you need to watch that and also watch usd/jpy and usd/gbp/usd because usd/jpy x gbp/usd = gbp/jpy
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007this is where the second Lag will help — See this chart, the price moves up and down on the first laguerre but the second Lag goes flat and price is still moving up. This will help us to hold on to a long trade taken from Lag -1, when both ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007The entry was good..but u did not keep a SL of 15 pips, why did u leave it open. Pls read the rules, a SL has to be in place. I too entered around 235.95 and had a stop loss and it got hit what is ur entry, close it once it comes to breakeven and ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 1, 2007short from 235.95 - TARGET 235.40 — short from 235.95 - TARGET 235.40 SL was hit at 234.10 - trade closed Short order set to trigger at 236.40
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait