Jump to content

fx4_ever

Members
  • Posts

    693
  • Joined

  • Last visited

  • Days Won

    5

Posts posted by fx4_ever

  1. I download and scan with Avira and AVG antivirus but do not detect virus, next I scan both .exe with Anti-Malware Malwarebytes and detect 2 malware into the files.

    The keygens are infected, do not use.

     

    :((

    Too good to be true...

    Youtube suspend this guy's account already due to violation of youtube term and spamming, etc..

  2. I use 2 EMA's and a crossover alert with arrows. They are 2 and 16. I use a QQE with a 5 smoothing. There is also a daily open line which begins at 1700 EST. I start trading at London open or thereabouts. For a long trade price action must be above the daily open line when the arrow appears and the QQE solid line must be above the dotted line and above 50. Watch candle color. Reverse is true for shorts. I go for 10 pips with a 10 pip stoploss except on the Yens where I use 15. I take profit at 10 with a scale out. Use your own money management though. Very simple, very profitable, especially if you let it run beyond the 10.

     

    Thanks for the reply. I am monitoring on higher TF and see how accurately signal comes and the ratio of TP/SL.

    Scalping for 10 pips rather hard without the EA, especially trading multiple pairs. In any case, this system is one to keep.

  3. I have been watching this since I download the files (thanks again! :) ), and by visually, it seems very profitable. It lacks on explanation, but I think it's easy enough to figure out. As you said, it seem to be too simple. But trading doesn't have to be complicated to be profitable.

     

    Since entry and SL rules are simple and arrow doesn't repaint, I am wondering if EA would be as profitable and easier than as manual trading...

  4. Manually scalping using simple tools available on any platform. (MA, RSI, SS, Fib and Pivots)

     

    I join forex meetup group and they recently had free webinar. Some of us couldn't attend and full webinar is now available on Youtube. Here is the link:

     

    Very interesting method. He supposedly average 90 pips daily. I am not sure his daily gain is all from scalping or not, but, if he is trading scalping manuall, I would assume he would have much time to devote on any other system. Regardless, I thought this method was interesting and simple. If you watch it on High Def, you can see the settings that he is using.

     

    If coders who has some extra time can come up with some automated way, it would be awesome!

    i.e. templates with alerts [-O<

     

    Enjoy it and many pips to you all!

  5. Marchello,

     

    May I trouble you to upload COT indicators for MT4 again @ other sites, like 2 share or 4share? ? First post link doesn't work...

     

    I think not many traders able to understand the COT reports nor find it useful in their trading, especially most of Forex traders are short term (intraday mostly) and COT represent rather long term outlook (weeks to months projection). I found it to be the one of best tool for trading. But, it takes great deal of studying these reports to really understand it fully. So, most of us look for a help analyzing the currency movement by using Indicators. IT save a lots of time if indicator is written correctly.

     

    Currently, Oil Index at extreme levels ( slightly decreased recently), Commercials hold over 75% of all long contracts and just little over 15% of all short contracts and Non-Commercials (funds) hold 10% of all long contracts and 60% of all short contracts.

     

    What all this means, when Oil Index at extreme levels, commercials exit net longs and funds exit net shorts. Due to Profit taking/exiting positions by both sides, along with a daily TL break up resulted in a huge EURO run just last week. (Self fulfilling prophecy, but it works.) EURO is overbought at these levels, so my opinion, if you are trading long term, it maybe wise to wait for the retracement before jump in. Again, due to self-fullfilling prophecy, S/R, Fib, TL all works well). jut my opinion.

     

    When you trading with COT, Index indicator is huge help to analyzing currencies. I haven't seen many MT4 brokers offering currency indexes charts, (I know SigTrader4 does offers index chart in addition to norm. currency pairs, but haven't found many brokers offer this options). But here is the MT4 index indicator that we can use on any broker and get the information (TA on index) we are looking for.

    http://www.2shared.com/file/J7tRn2bJ/MoneyIndex.html?

     

    It's old one, so may not work on 5 digits or currencies with suffix. (example: SigTrader4 is 4 digits and it works, but sigTrader4 doesn't need this indicator since they offer index charts. But, IBFX mini doesn't display this. so it maybe because it's 5 digits and also it has suffix after symbol - not sure)

     

    If coder can take a quick look, I am sure it won't take long. It's very short program. If programmer here @ II can fix it, please do and re-upload for us if possible. It will be very good tool for analyzing particular currency's index even if your broker doesn't offer index charts and I am sure many of us can benefit from using correct Indicator. :)

×
×
  • Create New...