Scalping systems - page 4
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banzai and droesparky. good system. it's similar to this one on forexfactory but this is improved. maybe instead of the stoch could be interesting a jaimo-jma. i use it at 6 12 offset 1 and 0 Linuxtroll Simple Scalping - Page 97
Here's the jaimo-jma indicator. Kewl.
Here's the method I was investigating. Thanks mpower for attaching psar to macd. This chart I posted in #20 goes with this explanation.
The colored OSMA is very close to your macd:
Ok here it is and if you wanna try the wannaB then I suggest a demo account for starters. I am still testing it.
5 min chart.
there are 12 WMAs, 3, 5, 7, 9, 11, 13, (make these one color)
15, 17, 19, 21, 23, 25, 27 (Make these one color)
Slow Stoch 30, 10, 10
entry is when price closes on the opposite side of the MAs. (shown with a red line)
and stock crossed in proper directions, I like it best when there is decent sepreration of the stoch lines.
there are two suggestions for stops
one is the opposite end of the candle that closed outside the MAs. (shown with a green line)
two is the last high or low on the 5 min chart. (also shown with a green line)
target is the distiance between the entry point and the last high or low. (note the small blue lines showing this)Try my MT4 template and thanks for the trading system. The arrows are the crossing of LWMA(3) & LWMA(27)
anybody knows about this technic....i dont know what to call this ..but i think this is one of the best method for scalpers...
Looks like a bunch of ma's that draw dots instead of lines.
The bottom indicator must be one of the fish familiy
Where did you get the pic and can you give a full picure with time frames and times. I am sure there will be no problem replicating it.
Looks very pretty though
Mart
i just this one for scalping..HMA.v2,nonlagdot,riverwild,QQE and Fisher2...
can u guys post the riverwild indicator and this template?
Can you post what you're using in this pic with a template? And what TF is this?
anybody knows about this technic....i dont know what to call this ..but i think this is one of the best method for scalpers...
Wannabe Rainbow Alerts
This indicator will pop up some buy & sell alerts based on the Wannabe Rainbow trading system. The alert can be turn on or off. There's an e-mail alert too. You get to choose 10 different type of arrows:
You can download the template in post #11 of this thread:
https://www.mql5.com/en/forum/trading_systems
The rule is in post #6:
https://www.mql5.com/en/forum/trading_systems
The color stoch is in post #19:
https://www.mql5.com/en/forum/trading_systems