Scalping system - page 6
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Manual scalping are better for full monitoring trader..
It's better to confirm the entry with candle close in the same way with nld and price trigger. I use it in M5, and price trigger needs a sound alert for forward testing. For now it's doing well. But i missed some entry's due to the lag of alert.
Here is the indicator with sound alert (PriceTrigger.mq4).
Plus, PriceTrigger2 also with optional sound alert.
This indicator also checks the Volatility.Pivot.Open indicator (used to filter out some false signals)
IMPORTANT:
The default settings used in these 2 indicators are the settings I use to scalp EURUSD.
Please experiment with different settings for different currency pairs and post them here.
Entry scripts for scalping
Here is some help for scalpers who don't know or don't want to learn MQL.
These scripts are used to quickly setup a LONG or SHORT position with predefined TakeProfit and StopLoss values using basic money management.
The money management is implemented to ensure that you will not loose more than a predefined amount of you margin account.
The scripts have the following variables, which are used for fine tuning the script:
int Risk = 2; // Percent of acount to risk in percents
int TakeProfit = 10; // Take Profit in Pips
int StopLoss = 10; // Stop Loss in pips
int Slippage = 2; // Slippage in pips
bool ConsiderSpread = true; // Consider spread when calculating stop loss and take profit.
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
double MinimumLotSize = 0.1; // Use minimum lotsize of 0.1 lots
double MaximumLotSize = 10; // Use maximum lotsize of 10 lots
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
bool AskForConfirmation = true; // Show a confirmation dialog box before placing the order to market
Updates scripts are available at Automated Forex Trading and Forex Training
Alert
Does any one have a alert version of precentualzz_victor. The first version. I need a alert when the arrows change color. Any help would be greatfull. Jatki24300
Indicator with out alert is hear.
.......................
Hi! As far as I've seen, this indicator appears 2-4 bars back once the moved is made.
You saying it repaints?
Hi, I'm newbie, I Download the price trigger, but only see a yelow line on 0.00 . Why???
from Freddy in Mexico
I also joined today, downloaded all indicators and the TPL, but same problem here.
Price Trigger Signal does not change and stays one straight yellow line.
Please advise.
And later that day...
nice chart setup bro...
but why the arrow is up but the trend is going down?
nice chart setup bro...
for this case.....
you just need the dot2 blue n red..
maybe it's can help u to trade...
anyway this system really good for me...
keepi it up the good work nix