Hi Everyone
Yet another scalping system ,I'm not going to waste anyones time with saying "I'm doing soooo good with this system"
so here are the rules and chart setup
Trade only on 1 mi chart;
1 min chart setup ,please see attach tpl
Also please see 5 min chart tpl attached
On 1 min chart if 10ema crosses over upward or downwards 30 ema high-low
you go short or long
You need to follow on 1 min chart macd and THV TRIX also on 5 min chart follow macd and moving avareges.
This system is only for scalping not for long term trades
additional rules:
going short or long on 1 min chart:
The best format to go short or long is:On 1 min chart if macd turns positove or negative wait for pull back for PA to 30 ema (high or low) and at the same time watch 5 min TRIX,if 5 min TRIX about to cross (down or up) you take your positon.I have attached 2-3 charts showing that have a look at them.
SHORT TERM TREND CHANGES(long or short)
During down trend if 62 goes above 57 ,there will be a trend change or PA is going into a ranging position
During up trend if 62 goes below 57 sma ,there will be a trend change or PA is going into a ranging position.
You got to use both two 1 min chart to take your trade position.For 30 ema chart the rules are the same ,the second 1 min chart with 20,62 and 57 sma is for to identify the trend.
TREND CHANGES FOR LONG TERM:
IF ON 5 MIN CHART 62 EMA GOES BELOW OR ABOVE 57 SMA THAT MEANS TREND MIGHT BE SLOWING OR WILL CHANGE DIRECTION.
IF THAT HAPPENS THAN LOOK 20 EMA ACTION IF 20 EMA CROSS OVER OR ABOVE 1ST 57 SMA THAN LOOK FOR GOOD ENTRY POINTS,AGAIN EITHER SHORT OR LONG.THIS IS VERY IMPORTANT, FOR TREND CHANGES 20 EMA MUST CROSS OVER OR ABOVE 1ST 57 SMA,IN SOME CASES IF 20 EMA CROSSOVER 62 EMA THAT MEANS THE TREND WILL BE SHORT LIVED.
ADDITIONAL INDICATOR:
OPEN ANOTHER 5 MIN CHART ,ADD OBV INDICATOR,ON OBV INDICATOR ADD RSI ,MAKE RSI LINE COLOURLES BUT ADD LEVELS 30,50 AND 70 , KEEP OBV ALWAYS IN BIGGER SCALE (SO THE CHART WON'T BE NEEDED) WE NEED TO HAVE OBV IN BIGGER SCALE SO THAT TREND DIRECTION CAN BE FOLLOWED,IF PRICE GOES UP OR DOWN, OBV MUST FOLLOW THE PA ,OTHERWISE FALSE PRICE ACTION.
UPDATE:
ADD SMC4 SCALPER ON YOUR 5 MIN CHART, NOW THIS SIGNAL ALSO WORKS LIKE, IF YOU SEE ON 1 MIN CHART MACD TURNS POSITIVE OR NEGATIVE LOOK AT YOUR 5 MIN CHART AND IF YOU SEE SMC4 SCALPER ARROWS DOWN OR UP ,LOOK AGAING FOR TRADING OPTIONS, ALWAYS STICK WITH BASIC RULES,THIS INDICATOR WORKS FINE SO FAR WITH THE SYSTEM, LET ME KNOW YOUR THOUGHTS, ALWAYS FOLLOW MACD,ALWAYS, NOT THE ARROWS, OKAY!!!!
ADDITIONAL UPDATE:THE BASIC RULES ARE STAYING AS THEY'RE BUT WE'RE ADDING ONE INDICATOR CALLED VOLTY CHANNEL ON 1 MIN CHART
PLEASE ADD 1 MIN CHART VOLT CHANNEL WITH DEFAULT SETTINGS,ALSO ADD AGAIN 2 MORE VOLTY CHANNELS ON 1 MIN CHART MA LENGHT 100 AND 200(MAKE THE COLOURS OF THESE BLUE DEFAULT COLOUR CHANGE IT TO LIME AND RED DEFAULT COLOUR CHANGE IT TO BLACK
RULES FOR VOLTY CHANNEL:
ON 1 MIN CHART AS YOU KNOW WE'RE WAITING FOR MACD TO TURN POSITIVE OR NEGATIVE ,NOW ,FOR VOLTY CHANNEL (DEFAULT VERSION)YOU MUST WAIT FOR THE BLUE OR RED TO APPEAR BEFORE MACD TURNS POSITIVE/30,10 EMA CROSS,IF MACD TURNS POSITIVE/NEGATIVE BEFORE THE DOTS(RED/BLUE)APPEAR, STAY AWAY FROM THE TREND AND WATCH THE PA ,BUT IF DOTS APPEAR BEFORE MACD AND 30,10 CROSSES ,GET READY TO JUMP IN, AS I'VE SAID OUR BASIC ABIVE RULES STILL THERE, DO NOT SCRAP THEM.
100,200 VOLTY ,FOR THESE ESPECAILLY 200 VOLTY CHANNEL WHENEVER DOT APPEAR AGAIN NEGATIVE /POSITIVE DRAW YOUR HORIZANTO LINE, NOW 8 OF 10 THE RPICE SHOULD COME BACK TO THAT LINE BEFORE IT JUMPS BACK UP, TEST IT,YOU'LL BE VERY HAPPY WITH THE ACTION.100 VOLTY IS THERE TO SHOW US WHETHER THE TREND IS POSITIVE OR NEGATIVE.
PLEASE UPDATE YOUR SYSTEM AND LET ME KNOW YOUR RESULTS, WE'RE GETTING LAST 2-3 WEEKS PERFECT RESULTS,BUT STICK WITH THE RULES AND DO NOT OVER TRADE.
THIS IS A SCALPING SYSTEM ,DO NOT FORGET.
FOR MORE INFO ,PLEASE VISIT MY WEBSITE.
JUST GOOGLE TRENDMAN AND MY SITE WILL COME UP.
Yet another scalping system ,I'm not going to waste anyones time with saying "I'm doing soooo good with this system"
so here are the rules and chart setup
Trade only on 1 mi chart;
1 min chart setup ,please see attach tpl
Also please see 5 min chart tpl attached
On 1 min chart if 10ema crosses over upward or downwards 30 ema high-low
you go short or long
You need to follow on 1 min chart macd and THV TRIX also on 5 min chart follow macd and moving avareges.
This system is only for scalping not for long term trades
additional rules:
going short or long on 1 min chart:
The best format to go short or long is:On 1 min chart if macd turns positove or negative wait for pull back for PA to 30 ema (high or low) and at the same time watch 5 min TRIX,if 5 min TRIX about to cross (down or up) you take your positon.I have attached 2-3 charts showing that have a look at them.
SHORT TERM TREND CHANGES(long or short)
During down trend if 62 goes above 57 ,there will be a trend change or PA is going into a ranging position
During up trend if 62 goes below 57 sma ,there will be a trend change or PA is going into a ranging position.
You got to use both two 1 min chart to take your trade position.For 30 ema chart the rules are the same ,the second 1 min chart with 20,62 and 57 sma is for to identify the trend.
TREND CHANGES FOR LONG TERM:
IF ON 5 MIN CHART 62 EMA GOES BELOW OR ABOVE 57 SMA THAT MEANS TREND MIGHT BE SLOWING OR WILL CHANGE DIRECTION.
IF THAT HAPPENS THAN LOOK 20 EMA ACTION IF 20 EMA CROSS OVER OR ABOVE 1ST 57 SMA THAN LOOK FOR GOOD ENTRY POINTS,AGAIN EITHER SHORT OR LONG.THIS IS VERY IMPORTANT, FOR TREND CHANGES 20 EMA MUST CROSS OVER OR ABOVE 1ST 57 SMA,IN SOME CASES IF 20 EMA CROSSOVER 62 EMA THAT MEANS THE TREND WILL BE SHORT LIVED.
ADDITIONAL INDICATOR:
OPEN ANOTHER 5 MIN CHART ,ADD OBV INDICATOR,ON OBV INDICATOR ADD RSI ,MAKE RSI LINE COLOURLES BUT ADD LEVELS 30,50 AND 70 , KEEP OBV ALWAYS IN BIGGER SCALE (SO THE CHART WON'T BE NEEDED) WE NEED TO HAVE OBV IN BIGGER SCALE SO THAT TREND DIRECTION CAN BE FOLLOWED,IF PRICE GOES UP OR DOWN, OBV MUST FOLLOW THE PA ,OTHERWISE FALSE PRICE ACTION.
UPDATE:
ADD SMC4 SCALPER ON YOUR 5 MIN CHART, NOW THIS SIGNAL ALSO WORKS LIKE, IF YOU SEE ON 1 MIN CHART MACD TURNS POSITIVE OR NEGATIVE LOOK AT YOUR 5 MIN CHART AND IF YOU SEE SMC4 SCALPER ARROWS DOWN OR UP ,LOOK AGAING FOR TRADING OPTIONS, ALWAYS STICK WITH BASIC RULES,THIS INDICATOR WORKS FINE SO FAR WITH THE SYSTEM, LET ME KNOW YOUR THOUGHTS, ALWAYS FOLLOW MACD,ALWAYS, NOT THE ARROWS, OKAY!!!!
ADDITIONAL UPDATE:THE BASIC RULES ARE STAYING AS THEY'RE BUT WE'RE ADDING ONE INDICATOR CALLED VOLTY CHANNEL ON 1 MIN CHART
PLEASE ADD 1 MIN CHART VOLT CHANNEL WITH DEFAULT SETTINGS,ALSO ADD AGAIN 2 MORE VOLTY CHANNELS ON 1 MIN CHART MA LENGHT 100 AND 200(MAKE THE COLOURS OF THESE BLUE DEFAULT COLOUR CHANGE IT TO LIME AND RED DEFAULT COLOUR CHANGE IT TO BLACK
RULES FOR VOLTY CHANNEL:
ON 1 MIN CHART AS YOU KNOW WE'RE WAITING FOR MACD TO TURN POSITIVE OR NEGATIVE ,NOW ,FOR VOLTY CHANNEL (DEFAULT VERSION)YOU MUST WAIT FOR THE BLUE OR RED TO APPEAR BEFORE MACD TURNS POSITIVE/30,10 EMA CROSS,IF MACD TURNS POSITIVE/NEGATIVE BEFORE THE DOTS(RED/BLUE)APPEAR, STAY AWAY FROM THE TREND AND WATCH THE PA ,BUT IF DOTS APPEAR BEFORE MACD AND 30,10 CROSSES ,GET READY TO JUMP IN, AS I'VE SAID OUR BASIC ABIVE RULES STILL THERE, DO NOT SCRAP THEM.
100,200 VOLTY ,FOR THESE ESPECAILLY 200 VOLTY CHANNEL WHENEVER DOT APPEAR AGAIN NEGATIVE /POSITIVE DRAW YOUR HORIZANTO LINE, NOW 8 OF 10 THE RPICE SHOULD COME BACK TO THAT LINE BEFORE IT JUMPS BACK UP, TEST IT,YOU'LL BE VERY HAPPY WITH THE ACTION.100 VOLTY IS THERE TO SHOW US WHETHER THE TREND IS POSITIVE OR NEGATIVE.
PLEASE UPDATE YOUR SYSTEM AND LET ME KNOW YOUR RESULTS, WE'RE GETTING LAST 2-3 WEEKS PERFECT RESULTS,BUT STICK WITH THE RULES AND DO NOT OVER TRADE.
THIS IS A SCALPING SYSTEM ,DO NOT FORGET.
FOR MORE INFO ,PLEASE VISIT MY WEBSITE.
JUST GOOGLE TRENDMAN AND MY SITE WILL COME UP.
Attached File(s)
MACD with crossing.ex4
4 KB
|
3,078 downloads
MACD with crossing.mq4
3 KB
|
3,151 downloads
5 min chart.tpl
42 KB
|
3,468 downloads
1 min chart with 10 30ema.tpl
61 KB
|
2,640 downloads
|
Uploaded Oct 15, 2009 6:18pm
1 min second chart.tpl
79 KB
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2,363 downloads
|
Uploaded Oct 15, 2009 6:18pm
smC4Scalper%20Signals_v1%20roy%2001%20adjusted%20to%20allow%201%20per%20mov%20avg.ex4
12 KB
|
2,806 downloads
|
Uploaded Oct 30, 2009 8:08am
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