1Min efficient Scalpel for MT4

[lokojones]

Hi, there

 

good scalpel, just to use moving average 9, 34 and 100 to evaluate when to to sell and buy and to determine the trend. just follow the trend.

 

trade system for scalping. make easy profit 5 - 10 point per trades.

 

link:hxxp://[email protected]/account/file/146195687/87a6ad6c/scalpSys14.html

 

regards

[soundfx]

Re: 1Min efficient Scalpel for MT4

 

Hi Lokojones,

 

Many thanks for sharing this system.

 

I'm always interested in profitable scalping systems as scalping is a great way of keeping risk super low, provided you have a consistently reliable system.

 

I downloaded the files from your links and I get a bunch of indicators with a template for GBPUSD but no further instructions.

 

Please can you explain in a bit more detail how you trade this system.

 

Questions which unanswered for me at the moment are:

 

Can the system run on any currency pair ?

 

Is GBPUSD the most profitable ?

 

There are lots of confirming indicators but you only mention looking at MA's for the entry - how are you using the other indicators ?

 

If you're looking for 5-10 pips per trade I assume that you have a discretionary exit - what tells you to take 5 pips rather than hold on for 10 pips ?

 

Cheers

 

Sfx

[lokojones]

Re: 1Min efficient Scalpel for MT4

 

Hi there

i shut say at the beginning, that the system I found on another forum, so I am not the author of these indicators

anyway, I tested it (for a week) on pair GBPUSD, 1min candels and closed on every 5 pips profit.

when trent was strong I kept to 10 pips max.

seems to work for me at 75% accuracy

 

regards

[robotfx2]

Re: 1Min efficient Scalpel for MT4

 

Hi there

i shut say at the beginning, that the system I found on another forum, so I am not the author of these indicators

anyway, I tested it (for a week) on pair GBPUSD, 1min candels and closed on every 5 pips profit.

when trent was strong I kept to 10 pips max.

seems to work for me at 75% accuracy

 

regards

 

I downloaded the files from your links and I get a bunch of indicators with a template for GBPUSD but no further instructions.

 

If you tested it (for a week) on pair GBPUSD

 

Please can you explain in a bit more detail how you trade this system.

 

How to use the file...where should i put them in MT4 ???

[lokojones]

Re: 1Min efficient Scalpel for MT4

 

Hi there

General rules which i attempts to use:

 

1. To take SHORT position :

- Red arrow of the zigandzag indicator occur on top

- PA (Price Action) must be below MA 34

- Short trend (up bar) and Long trend (down bar) of iGentorLSMAmust be red colour and in one line vertical

 

2. To take BUY position :

- Green arrow of the zigandzag indicator occur on bottom

- PA (Price Action) must be above MA 34

- Short trend (up bar) and Long trend (down bar) of iGentorLSMAmust be green colour and in one line vertical

 

3. MA 100 just for make sure that the trend is fix

 

4. To exit position according to your target point or wait until appear :

- Green arrow of zigandzag if you enter SHORT/SELL

- Red arrow of zigandzag if you enter BUY/LONG

 

5. You can place stop loss about max 30 point from your open position.

 

 

On another forum: forex-std >heading Manual trading systems> 1 minutes incredible Scalper System,

is really a lot of material devoted to this system.

 

regards

[soundfx]

Re: 1Min efficient Scalpel for MT4

 

Hi lokojones,

 

Thanks for explaining how you trade this scalping system in more detail.

 

I Googled "1 minutes incredible Scalper System" and found the other thread you mention - there are some pretty impressive results in there!

 

This is a system certainly worth running some forward tests on.