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Scalping

This is a discussion on Scalping within the Forex Trading forums, part of the Trading Forum category; Tim Morris MA - indicator for MetaTrader 5 The Tim Morris moving average system was created in 2004 by Tim ...

      
   
  1. #91
    member mql5's Avatar
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    Tim Morris MA - good for scalping

    Tim Morris MA - indicator for MetaTrader 5

    Scalping-cb34.png


    The Tim Morris moving average system was created in 2004 by Tim Morris. It is often known as the "TMMA" and traders use this system for scalping and short term trades.

    It seems to produce good signals for scalping in the M15 but further testing and experimenting with parameters is advised.
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  2. #92
    Senior Member Taylor Woods's Avatar
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    what is scalping?

    Scalping is one of the most mainstream types of trading, particularly among newcomers. It is a quick paced, personality rattling, and an adrenaline-prompting sort of trading. The principle goal of scalping is to race into the exchange at the busiest hours of the day, get an extremely limited quantity of pips and leave the market right away. While the additions from the single exchange may be restricted, а trader can build his profits by executing many such exchanges for the duration of the day.

  3. #93
    member mql5's Avatar
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    Trading the trend

    Trading the trend - indicator for MetaTrader 5

    Scalping-eurusd-h4-fx-choice-limited.png


    Scalping-dxy-h4-fx-choice-limited-2.png


    This one is based on "Trading the Trend" article by Andrew Abraham published in TASC and has optimized critical parts that could cause slowdown (especially when called using iCustom() calls - that is one of the reasons why the display type is not adjusted automatically but from the parameters).
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  4. #94
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    Trend scalp_v1 indicator

    Hi Igor, I have a question, is it possible to add a signal line with a filter and Entry and Exit dots to Trend scalp_v1 indicator?
    Kind of like what is in the picture. it would make it more scalper friendly. Thanks any thing you do would help
    Steam2
    Scalping-gbpusdm1-trend-scalp.jpg

  5. #95
    igorad
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    Quote Originally Posted by Steam2 View Post
    Hi Igor, I have a question, is it possible to add a signal line with a filter and Entry and Exit dots to Trend scalp_v1 indicator?
    Kind of like what is in the picture. it would make it more scalper friendly. Thanks any thing you do would help
    Steam2
    Click image for larger version. 

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    Hi Steam2,

    Please check out the updated Trend Scalp indicator with the Signal line and the Entry/Exit signals.

    Attachment 38365


    Regards,
    Igor
    mosiskv, Steam2 and jagadish123 like this.

  6. #96
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    Hi Steam2,

    Seems interesting.!!! Can you please share how you are using this?

    Regards,
    Jag
    Quote Originally Posted by igorad View Post
    Hi Steam2,

    Please check out the updated Trend Scalp indicator with the Signal line and the Entry/Exit signals.

    Attachment 38365


    Regards,
    Igor

  7. #97
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    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. Scalping-euraudm5.jpg

  8. #98
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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. Click image for larger version. 

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Size:	42.2 KB 
ID:	38406

  9. #99

  10. #100
    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.
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