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Recently I was experimenting with a couple of indicators used for a non-scalping system presented by BigBear - https://www.mql5.com/en/forum/177573
I was debugging one of the indicators when I switched to the M5 chart and noticed a nice setup for a quick short trade... hmmm.... probably a coincidence I thought. I returned to my PC after an hour or so and there it was another setup, this time a BUY signal. At the end of the day there was yet another long trade setup.
I did some backtesting, added another indicator as a filter and came up with a scalping system, which I would like to share with you. Maybe together we can verify it, improve it and automate it.
Please let me know what you think. Here are some screen shots:
Here are the indicators I used and the template with the correct settings for the M5 chart:
Deart Artur Zas.
Plze cover "precentualzz_victor.mq4" to Mql5, i love your indicator, thanks u so much.
Forum on trading, automated trading systems and testing trading strategies
Scalping
Sergey Golubev, 2024.09.20 06:45
Scalping Orderflow for MQL5
A short-term trading strategy known as "scalping order flow" focuses on identifying possible entry and exit points in the market by examining the real-time flow of orders. It makes quick trading decisions by combining the study of volume, price activity, and order book data. Typically, positions are held for a very short time—often within minutes or even seconds.