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  • 5 weeks later...

I like the session indicator, very neat. The SD Candle is similar to the MACD Candle, painting all candles above/below 0 level of MACD.

 

Today GBPUSD London Low 1.5459 made perfectly on Tokyo High 1.5460 ( support ) and also London High 1.5545 taken out in early NY session.

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Must be something else. This appears to be a very well thought out system and I have checked it out against other successful systems and it withstands the test. Someone somewhere must have created this and marketed it. The Slumdog links given don't give any indication as to the origin. If I cannot find original ownership I might try it for a few weeks and copyright it myself and sell it.
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It seems to be a "home grown" system created by the guy who runs the original website based in Estonia. I think the screenshots give enough details on how to trade the system, the rest is down to you guys, to see what you make of it. Some of the indicators seem quite good and you may want to chop and change indicators around using others you've found to work well for scalping.

 

The original post can still be found in google cache:

 

http://webcache.googleusercontent.com/search?q=cache:AkLeasVketEJ:slumdog.planet.ee/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D105%26showcomments%3D1%26Itemid%3D53+technical+scalping+system+slumdog&cd=3&hl=en&ct=clnk&gl=uk

 

Here he mentions that the system has performed well in demo for two weeks and he's going to put it live. The key question is "Why has it now disappeared?". There are 4 possible answers that I can see:

 

1. The system lost him money in live, so he removed the post.

2. The system proved to be very profitable, so he removed it possibly with a view to selling it in the future?

3. The link has disappeared due to a mistake/technical fault.

4. The system contained someone elses indicators, who complained about them being made available freely.

 

Virtually all scalping systems which use lagging indicators rely on you being able to pick up and stay in trades when mini trends are in place, and also rely on you being able to get out of trades which look like false signals very quickly with minimum loss. I seem to recall the market being a bit "rangey" around the start of December which could have caused a lot of false signals in a system like this, though I've not had time to look at this one properly as yet.

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  • 3 weeks later...
Must be something else. This appears to be a very well thought out system and I have checked it out against other successful systems and it withstands the test. Someone somewhere must have created this and marketed it. The Slumdog links given don't give any indication as to the origin. If I cannot find original ownership I might try it for a few weeks and copyright it myself and sell it.

 

There aint original ownership, it took quite a some time to try different indicators and selling it would be stealing and scam, as it´s based on free but modified indicators ... and the idea ain´t yours. Find your own system and sell it.

 

That webpage is mine, by the way.

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