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M1 scalping indicators

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Zabana
78
Zabana  

Hi Traders and Happy New Year

I just want to share a nice scalping idea for M1. However I use it most of the time to enter my trades on M15.

Scalping on M1 is not always easy. Most indicators are not adapted for this TF, or lag a lot. It´s also very difficult to predict voatility and priceaction if You are in a jumpy zone

However. I use a combination of DPO and Stochastic to get a lazer sharp entry.

The DPO i use is: Periods 7-14-21-30-60-100 and the Sochastic is a "Rainbow" based on Spud´s calculations.

When you spot top/bottom "tight ropes" in both the DPO and Stoch histograms , You will find a excellent entry position.

Good luck

Files:
DPO.mq4 2 kb
dpo.png 100 kb
mpandla
3
mpandla  
Zabana:
Hi Traders and Happy New Year I just want to share a nice scalping idea for M1. However I use it most of the time to enter my trades on M15. Scalping on M1 is not always easy. Most indicators are not adapted for this TF, or lag a lot. It´s also very difficult to predict voatility and priceaction if You are in a jumpy zone However. I use a combination of DPO and Stochastic to get a lazer sharp entry. The DPO i use is: Periods 7-14-21-30-60-100 and the Sochastic is a "Rainbow" based on Spud´s calculations. When you spot top/bottom "tight ropes" in both the DPO and Stoch histograms , You will find a excellent entry position. Good luck

HI ZABANA.

Put a alert on cross of DPO.

Thanks,

Mpandla

Paul75
1324
Paul75  

Thanks to share your scalping idea with us. I will use it and hope it will work well for me as well.

frank2030
3
frank2030  

hi fellow trader have anyone "Forex Pips HUNTER indicator". pls post if u have it. Regards

lateral4g
5
lateral4g  

can u show me how to do the setting for the DPO...cause when setting the multiple period,the DPO cant stay in 1 indicator window such u gave in your picture.......

pist0la
3
pist0la  
sarman:
can u show me how to do the setting for the DPO...cause when setting the multiple period,the DPO cant stay in 1 indicator window such u gave in your picture.......

I'm having the same issue here... Does anyone know how to enable 6 different lines in the same DPO indicator window? I tried editing the .mq4 file but I can't figure it out.

Little help, OP?

spacebar
3
spacebar  
pist0la:
I'm having the same issue here... Does anyone know how to enable 6 different lines in the same DPO indicator window? I tried editing the .mq4 file but I can't figure it out.Little help, OP?

I think it is as simple as dragging & dropping the indicator from the navigator window to the indicator window. Hope this helps. Cheers.

sslaughter
3
sslaughter  
pist0la:
I'm having the same issue here... Does anyone know how to enable 6 different lines in the same DPO indicator window? I tried editing the .mq4 file but I can't figure it out. Little help, OP?

All you have to do is drag it from the "Indicators" list on the left over to the existing DPO indicator already on the chart. Then the two indicators get over layed upon each other. Keep doing that for as many DPO indicator lines as you want to see in the indicator. I think there are six in this example.

jb1981
82
jb1981  

How can you scalp on M1 when spreads are usually wide and they tend to widen during news releases?

AJAR
4
AJAR  
sarman:
can u show me how to do the setting for the DPO...cause when setting the multiple period,the DPO cant stay in 1 indicator window such u gave in your picture.......
AJAR
4
AJAR  
AJAR:
ADD DPO INDICATORS WITH 7 PERIOD FIRSTLY THEN ADD DPO INDICATOR AT THE SAME INDICATOR WINDOW WITH Periods 14 THEN CONTINUE WITH OTHER 21, 30, 60 & 100 SEPARATELY
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