Scalp the trend

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dynel14
Trader
Posts: 37
Joined: Wed Nov 16, 2011 1:38 am
Location: Cologne/Germany

Update Template v2

Post by dynel14 »

Hi @ll,

hope you had a nice weekend.
Like I've announced, here the new template for you. Hope this works better and filters more bad signals.

New rules
INDICATORS
1) Semafor (repaints)
2) LWMA 25
3) Trendline (CCI + RSI Combination)
4) SnakeForce
5) Extreme Identifer (repaints)

Rules LONG:
- Semafor On BOTTOM (BUT follow the trend!!!)
- Candle Close ABOVE LWMA 25 GREEN (max. 3rd candle!)
- Trendline GREEN
- SnakeForce GREEN (max. 3rd bar!)
- Extreme Spike On BOTTOM

Rules SHORT:
- Semafor On TOP (BUT follow the trend!!!)
- Candle Close BELOW LWMA 25 RED (max. 3rd candle!)
- Trendline RED
- SnakeForce RED (max. 3rd bar!)
- Extreme Spike On TOP


Pair: EUR/USD
Session: Frankfurt, London (07:00 - 17:00 gmt)
TF = M5
TP = +15pips (+10pips) <- it is all up to you!
SL = -20pips <- it is all up to you!
BE = +10pips (if you like...)
Risk = 2-5%

Wish you a green week!

dynel14
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AnotherBrian

Re: Scalp the trend

Post by AnotherBrian »

If your looking for an EA to help you place your manual entries, exits, targets and so forth, here is one that I just posted. All you have to do is load the EA and it draws lines for you, just move them around and start the EA. See the post for a full description.

http://www.stevehopwoodforex.com/phpBB3 ... f=21&t=192
hipcio
Posts: 3
Joined: Mon Dec 05, 2011 1:38 pm
Location: Cracow, Poland

Re: Scalp the trend

Post by hipcio »

Hi Dynel,

Thank You for sharing the method and all the tools, I have just downloaded them and start watching,

Best wishes for the New Year !

Peter
Have no ealier experience with EA testing !
User avatar
dynel14
Trader
Posts: 37
Joined: Wed Nov 16, 2011 1:38 am
Location: Cologne/Germany

Re: Scalp the trend

Post by dynel14 »

hipcio wrote:Hi Dynel,

Thank You for sharing the method and all the tools, I have just downloaded them and start watching,

Best wishes for the New Year !

Peter
You are welcome! Happy new year.
hipcio
Posts: 3
Joined: Mon Dec 05, 2011 1:38 pm
Location: Cracow, Poland

Re: Scalp the trend

Post by hipcio »

Great job Dynel !

+29 pips on gu

Thank You,

Peter
Have no ealier experience with EA testing !
380273421
Trader
Posts: 17
Joined: Fri Dec 02, 2011 7:44 am

Re: Update Template v2

Post by 380273421 »

dynel14 wrote:Hi @ll,

hope you had a nice weekend.
Like I've announced, here the new template for you. Hope this works better and filters more bad signals.

New rules
INDICATORS
1) Semafor (repaints)
2) LWMA 25
3) Trendline (CCI + RSI Combination)
4) SnakeForce
5) Extreme Identifer (repaints)

Rules LONG:
- Semafor On BOTTOM (BUT follow the trend!!!)
- Candle Close ABOVE LWMA 25 GREEN (max. 3rd candle!)
- Trendline GREEN
- SnakeForce GREEN (max. 3rd bar!)
- Extreme Spike On BOTTOM

Rules SHORT:
- Semafor On TOP (BUT follow the trend!!!)
- Candle Close BELOW LWMA 25 RED (max. 3rd candle!)
- Trendline RED
- SnakeForce RED (max. 3rd bar!)
- Extreme Spike On TOP


Pair: EUR/USD
Session: Frankfurt, London (07:00 - 17:00 gmt)
TF = M5
TP = +15pips (+10pips) <- it is all up to you!
SL = -20pips <- it is all up to you!
BE = +10pips (if you like...)
Risk = 2-5%

Wish you a green week!

dynel14
what is the "max. 3rd candle!" and "max. 3rd bar!"mean ? can you use pictures to explain it?thanks! :mrgreen:
380273421
Trader
Posts: 17
Joined: Fri Dec 02, 2011 7:44 am

Re: Update Template v2

Post by 380273421 »

380273421 wrote:
dynel14 wrote:Hi @ll,

hope you had a nice weekend.
Like I've announced, here the new template for you. Hope this works better and filters more bad signals.

New rules
INDICATORS
1) Semafor (repaints)
2) LWMA 25
3) Trendline (CCI + RSI Combination)
4) SnakeForce
5) Extreme Identifer (repaints)

Rules LONG:
- Semafor On BOTTOM (BUT follow the trend!!!)
- Candle Close ABOVE LWMA 25 GREEN (max. 3rd candle!)
- Trendline GREEN
- SnakeForce GREEN (max. 3rd bar!)
- Extreme Spike On BOTTOM

Rules SHORT:
- Semafor On TOP (BUT follow the trend!!!)
- Candle Close BELOW LWMA 25 RED (max. 3rd candle!)
- Trendline RED
- SnakeForce RED (max. 3rd bar!)
- Extreme Spike On TOP


Pair: EUR/USD
Session: Frankfurt, London (07:00 - 17:00 gmt)
TF = M5
TP = +15pips (+10pips) <- it is all up to you!
SL = -20pips <- it is all up to you!
BE = +10pips (if you like...)
Risk = 2-5%

Wish you a green week!

dynel14
what is the "max. 3rd candle!" and "max. 3rd bar!"mean ? can you use pictures to explain it?thanks! :mrgreen:
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