40-100 pips per day – LIVE TRADING with SimpleScal - page 4

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wonghowjun:
Hi, After alot of loses in trading forex, I finally got fed up and lose confidence in my system already. However I found another system that seem quite promising. But I dare not use it as I'm not courageous anymore. Can anyone try it out and give me some idea? It's a scalping system. Here it goes:Plot 3 EMA (13, 21, 55)Set up MACD (8, 21, 8)Enter trade:Long - when bar is above all 3 EMA and MACD 2nd bar above 0Short - when bar is below all 3 EMA and MACD 2nd bar below 0Recommended time frame is 1H and 10-15 pip scalp. What do you all think? Will it be better is MA is simple or Exponential?

The Linear Weighted is better for scalping.

I will run a backtest on it, using an EA, but need to know the following:

Where will your Stoploss be?

What currencies?

[paulson]

pls, my email is [e-mail]. Can you explain how to trade with this system.I mean the simple scalp

[wonghowjun]

Hi. I'm using it for EURUSD on a demo account. The problem is, everytime the opportunity is here, I'll either sleeping or working. Due to my huge loss in the market, I dare not trade anymore. Anyone have any profitable trading strategy? Mayb you all can lighten me up.

[traderpeter]

Many thanks for your SimpleScalp system!

I have downloaded your attached zip file, however, I don't know whether it is a .ex4 or a .mql file?

I am interested in studying your mql file in order to learn your detailed strategies.

TraderPeter

TheCurrency:
Hello all, attached are two indicators. These indicators are the zig zagpointer from fx-50 and the double trix indicator from THV at another forum. (installationinstructions below the main post) I’m calling this system SimpleScalp because it is exactly that … a simplescalping system. Yet at the same time it is crazy accurat To enter a trade, wait for all three indicators to be in agreement. Atrade should be set with a 10 pip profit target and a 10 pip stop loss.You can expect to be out of a trade in a maximum of 5 minutes. Personally,I’ll close any trade after 7 minutes no matter where it is. Now, there are a lot of systems here, and a lot of new traders. So, what Iam going to do is actually trade using this system LIVE. It’s nothing todo this and may help several of you out. If you are interested in my livetrading sessions, shoot me an email or a PM and I’ll explain how you canget into the session (no sense giving this out to the entire board if onlya few people are interested). With these live trading sessions you will see my screen and everything thatI do and how I do it as regards my trading with this system. This will bein real time and on my real account. The biggest benefit is that the chat facility will allow you to askquestions and the like. I’m doing this for two reasons. The first is that I think it would be funto help out other traders. The second is that trading is often a verysolitary activity. In this way I am making it much more of a group thingand getting people involved, which I think will make the trading moreengaging. Third, doing it this way will allow literally ANYONE to trade. I think itis possible that you could watch my live trading sessions and trade byfollowing me and then placing actual phone calls to your broker. You getall of the “community” of being involved with the live trading and all ofthe people that are part of that, plus you get to trade in a very no stressway because you can just follow me and make the same trades that I make. I’ll be doing live trading for all sessions on different days, so no matterwhich session(s) you like to trade, you’ll be covered. When you tell me that you’re interested in the live sessions, let me knowwhat sessions you like to trade. To install the indicators, go to your main metatrader folder and find thefolder labeled “experts”. Now look for the folder “indicators”. Put both of the files there and double click on one of them. MetaEditorwillload with the file there. Click the compile button and then exitMetaEditor. Now, double click on the other file. Click the compile buton afterMetaEditor loads, wait for a second, ad then exit. Now, open MetaTrader, open an EURUSD 1minute chart. On that chart put thetwo indicators. That’s all there is to it. If you have any questions, fee

[abedin]

Please e-mail me the indicators at

[e-mail]

Thank you.

[bassd]

please email me at: [e-mail]

thanks!

[Zabana]

Please e-mail the indicator at

[e-mail]

Thanx

[execute]

thanks for the indicators,if you will get in touch with me at [e-mail]

I would very much like to see you trade the system. thanks again

[ww80]

my email

can you email anything regarding the trading system

[e-mail]

Thanks for sharing....

[bgunn]

I would like to join you in your live trading sessions, my email is:

[e-mail]