50 Pips Set and Forget Forex Trarding - Karl Dittmann

[Freddie]

I have been watching KD's S&F and also the Simpel SIbuk system(SSS).

I have noticed that using KD's 'B' value of half the overnight Asian range as trigger and target, this week has made 31pips so far. KD's system has a 22 pip loss and SSS a 23 pip win and an undetermined loss.

[iqofgenius]

Freddie, you should check out Uncle Karl's Superscalper from April 2012 on the 1 hour chart. That has real possibilities.

[Freddie]

Superscalper only indicates one bar back, ie after the current bar closes so I have put it on a half hour chart along with the KD 50.

Today's result, so far is the 50% trade worked for 11 pips and the Superscalper would have made up to 35pips but is now retracing...with all these indicator systems I would be more inclined to take a profit when the price retraces or have a target.

 

http://i914.photobucket.com/albums/ac341/freddieforII/Asian%20Run/KD%2050/161012.jpg

[iqofgenius]

Freddie, you are using the wrong version of Karl's Superscalper. He came out with a completely different one in April of 2012 that works only on the one hour chart and uses no indicators. I am currently working on a variant of it with more rules and a recovery strategy.

[Freddie]

Freddie, you are using the wrong version of Karl's Superscalper. He came out with a completely different one in April of 2012 that works only on the one hour chart and uses no indicators. I am currently working on a variant of it with more rules and a recovery strategy.

 

Hi IQ, I am travelling at the moment and do not have access to all my FX stuff so downloaded the old indi. I shall look for the later one when I get settled in Penang in a couple of weeks. Thanks for your interest and help.

[Freddie]

Here is the £$ using the Superscalper posted by Iqofgenious.

Basis is that after two or more hours(bars) trending one way, if a colour change occurs then wait for the next candle to follow the same direction and after 10 pips open a trade in that direction. Target is 10 to 15 pips.

 

http://i914.photobucket.com/albums/ac341/freddieforII/Asian%20Run/KD%2050/KDsSSapril.jpg

Edited October 16, 2012 by Freddie

[hermes]

Hollocaster trend? SL hunters know all Karl's systems, don't forget that. The best breakout is from Asian session to London session because increase of volume and volatility during London session is a must! Don't secure both sides of channel, trade just the more accurate (read indicators for tip) and always enter after pullback outside the channel.

Hermes

[256robertm]

thanks!!!!!!!!!!