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Scalping

This is a discussion on Scalping within the Forex Trading forums, part of the Trading Forum category; Thanks Steam2. I can understand now. Regards, Jag Originally Posted by Steam2 Hi Jag, The best way to use is ...

      
   
  1. #101
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    Thanks Steam2. I can understand now.

    Regards,
    Jag

    Quote Originally Posted by Steam2 View Post
    Hi Jag, The best way to use is in an EA, by using the filter you can get rid of a lot of junk trades. ideally to help find Double bottom and Tops
    In the pic you can see all the M&W trades,so what I look for is a second leg M or second leg W. Most of them are great trades. Attachment 38406

  2. #102

  3. #103
    Senior Member ForeCastle's Avatar
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    5Mins Envelopes Scalping

    5Mins Envelopes Scalping - expert for MetaTrader 4

    Scalping-scalp0818.png


    If the price above upper envelopes signal direction is open Down, if high price prev - upper envelopes prev and bid - uper envelopes current bigger than distance filter, expert advisor will open trades SELL. If the price below lower envelopes signal direction is Up, if lower envelopes prev - low price prev and lower envelopes - bid bigger than distance filter, expert advisor will open BUY.
    Premium Trading Forum: subscription || The Forex Guide to Fundamentals Fundamentals
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  4. #104
    Senior Member matfx's Avatar
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    We may use NRTR together with trendscalp, for added confirmation and stoploss placement, as well as ranging detection, breakout or trend changing.

    All indicators are attached. These indicators are for Metatrader 5.

    Scalping-mt5-trendscalp.png
    Attached Files Attached Files
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