scalping mode could turn out mid- long swing

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nogivenup
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  • Suspended

2 set in this mode:
test a pairs that wicks a lots:
gold is a very good one: i have made a custom indicator hat help with the probability: if pairs wicks well or not.
buy and sell at opening is an option during asian market.
20 pips (200-300 points) there highly likely to win. will need to choose a SL or recovery system to safe use it. 
hedging or grid depending on market condition:
ranging = grid
trending = hedge could say more if this seem getting interest 

the second scalp is: on fast moving pair that over react reaching zones or S/R:
like gold:
20-30pip is easy goal from those places. using rsi, stoch, it help confirm those wicks fast reversal.


grid or sl is mostly enough.

thanks

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Andrey Khatimlianskyi

Try this set-file -  CP_MT5_once_a_day.set

It will open buy and sell on every D1 bar.

Martingale deals will be added after price moves 0.5 of previous D1 bar size.

TrailngStop applied to all deals.

That is all I understand from your explanation ;)

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nogivenup

if i should expend let me know, but i think the CEO of this idea is not too king on this.. i just reply to help more explaining. i tried at least

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nogivenup

this is an ea that i try to do my strategy 1.

all i need is the ea to open at daily open.
20pip with a hedge recovery.
issue is the box must be dynamic

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nogivenup
Quote from Sai Pratap

i feel the idea was not explained clearly. It might help if u can post the idea with the help of images.

ok let me just put it easy as this for the first method:
if could please look at gold on daily please.
can u see those wicks from opening?

now i can tell u, do from backtest. do buy or sell from opening daily and see result.
now don't really care of the direction but trade on the wicks.

to help me with this i made an indicator that give average wicks on period.

what is the issue?
issue is the marubutzu candle, those with not wicks.
what needed to combat that?
2 option:
SL very obvious or a trade recovery.
trade recovery is:
grid or hedge based on zone recovery



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Sai Pratap
Quote from nogivenup

it is not an idea it is a very well thought process, i didn't went too mad in details but more global.
i m myself building the ea based on this idea hard to find a developper that will do it.

now if you didn't understand anything then i guess there is no interest in this idea.

maybe if someone else could read and share share they understood that might help.

i could share my result if needed

i feel the idea was not explained clearly. It might help if u can post the idea with the help of images.

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nogivenup

To be honest you are 100 percent right cause, the way I put it forward is not great.

I m not best at communication skill.

but 1000 perc on the actual idea is really great.

I only thought to share it to benefit others.

at least I tried.

I will now just add value to what you did, in backtest and try to get good result and share.

again I m working on the idea 

done the custom indicator already.

now doing the ea.

thanks you doing this great community. 

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Andrey Khatimlianskyi
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You won't find the developer if you can't explain your idea.

Maybe, someone else can understand you..

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nogivenup
Quote from Andrey Khatimlianskyi

Hi!

I didn't understand anything from your post.

Please, look at other completed or planned suggestions and make somewhat similar.

We need concrete idea that can be implemented to the EA, not just thoughts about trading.

Thanks for your try!

it is not an idea it is a very well thought process, i didn't went too mad in details but more global.
i m myself building the ea based on this idea hard to find a developper that will do it.

now if you didn't understand anything then i guess there is no interest in this idea.

maybe if someone else could read and share share they understood that might help.

i could share my result if needed

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0
Andrey Khatimlianskyi
  • Under review

Hi!

I didn't understand anything from your post.

Please, look at other completed or planned suggestions and make somewhat similar.

We need concrete idea that can be implemented to the EA, not just thoughts about trading.

Thanks for your try!