FX Blue Tick Charts MT4 Free tool to create custom offline Seconds, Ticks and Range charts. FX Blue also has a free trading sim that you can use in strategy tester. Exposure SYL Here's another free tool to test hedging strategies very easily. image ...

Hedging/averaging trades without prediction

Hence, the 20-tick + M1 experiment

Hedging/averaging trades without prediction

Yeah I did some stupid averaging. I have some "safe" averaging techniques which I practised and backtested on M5. In a tough trend, it takes about a day to a week to escape and it requires additive martingale with a huge step (about 20-50 pips ...

Hedging/averaging trades without prediction

Hedging + Averaging around 200ema line on EURUSD 20-tick chart. $1000 live account. Feeling dangerous

Hedging/averaging trades without prediction

Escaped a really tough trend. Up 0.96%.

M1 Countertrend Scalping Strategy

20 tick chart. $1000 live account. 200ema. Let's f'n go. image image

M1 Countertrend Scalping Strategy

I have. Doesn't work well. You lose some resolution with bigger box sizes and it's too much noise (ironically) with smaller box sizes. You're more likely to get caught in a strong trend. I know because I've done a lot of work with Renko over the ...

M1 Countertrend Scalping Strategy

This was about 8 months back when i was trying out Footprint charts and following RickM and RyuRyu's posts on CumDelta. My subscription has since lapsed. I've never been able to properly interpret volume. But with the information presented in this ...

M1 Countertrend Scalping Strategy

There's a free trial period. I think for 7 days. Subsequently, u need to pay for subscription which is really cheap. I tried out for 1 month for $7.50 USD. image

M1 Countertrend Scalping Strategy

+1 for ClusterDelta. Excellent suite of tools. I think I will revisit it with stuff like CumDelta in mind with regards to mean reversion.

M1 Countertrend Scalping Strategy

I have been recently experimenting with something like this recently for the past few weeks. I used 2 sets of moving averages to achieve this. 8 and 20ema crossover to determine short-term trend change 240ema (H1 20ema) and 960ema (H4 20ema) for ...

M1 Countertrend Scalping Strategy

Yes, a hard equity stop is an option. E.g. 10 - 30%.

M1 Countertrend Scalping Strategy

I will attempt it. Right after lunch lolx. I'm at work now.

M1 Countertrend Scalping Strategy

You would have to trade Dax on the M5 or M15 to beat the spread in order for the strategy to make sense. I would use some form of alerts send to my phone and execute trades from there rather than watch the screen because it can be like watching ...

M1 Countertrend Scalping Strategy

Hey man, congrats on flipping that account. Mighty impressive! Can you share with us how you dealt with strong trends? I see that your drawdown is really low. What lot size did you use?

M1 Countertrend Scalping Strategy

They are similar enough for the deviation to have a negligible effect. Yes, TFs are just a way of presenting tick data but MAs ARE timeframe related or more accurately, OHLC related. The formula for calculation of the MA is based on the selected ...

M1 Countertrend Scalping Strategy

If you remove the linear interpolation that smooths out the MTF M5 ema, you get something like this. But it's really annoying to look at. image

M1 Countertrend Scalping Strategy

I'll do one better. Here's a comparison between 100ema and M5 20ema using the SC MTF MA indicator. Thick lime-pink line is M5 20ema and dotted aqua line is 100ema. image

M1 Countertrend Scalping Strategy

They're not exactly the same but a very close approximation. It's very common to use a longer MA on a lower TF to approximate a shorter MA on a higher TF especially if you do MTF analysis and you don't want to constantly flip timeframes. You can ...

M1 Countertrend Scalping Strategy

I think he's targeting the 100 ema on the M1 because M1 100ema = M5 20ema.

M1 Countertrend Scalping Strategy