Finding the trend | Scalping EA download - MT4/MT5 resources
GRAIL is not the best trading system, strategy or robot.
The Holy Grail is the crystal ball .
Any strategy will make you money if you know which tools are the most popular right from the start.
EDIT : There seem to be many ways for traders to predict what is going to happen. This week, next week, this year. It doesn't matter. But that’s not enough to cover your monthly salary. You need to have an edge tomorrow. This is the Holy Grail.
I have this overview: On each chart I have placed the Williams Percent Range Indicator (WPR). It is located in the MT4 Oscillator folder. I set the parameter to 150. This is not suitable for trading signals, but I want the overall picture. The indicator goes to the child window. I set the size of the subwindow to fill the entire chart. Then I had the template. Place the tools you care about on the screen and add templates to each diagram.
When price remains above -30, the trend is upward - but likely within a range - keep this in mind. Below -70 and vice versa.
The best case scenario is when the price rises sharply OBOS or OSOB. The real trend is there.
When doing a daily top down, I set all my charts to daily. This quickly led me to tools that interested me. I wrote down the tools and then set all the charts to H4 and then H1. The list of interesting tools has now been narrowed down. I can then open the tool chart from the list and decide which one is best for the day. I give the selected person a green background color. This way they are easy to follow during the day.
Now you just need to trade the instrument of your choice based on the trend.
Simple! I use WPR, but you can use whatever you like, just keep it simple.
I'm attaching the script I found on FF. They make it easy to change the template and time range for all pairs.
But what do you think about this? How do you choose which currency pairs to trade. Please - I expect hundreds if not thousands of traders to visit this post. Don't be shy. Tell us about your strategy for finding the best scalping tool of the day. Let's help each other.
If anyone talks out of turn, my boots are ready.
Updated August 11 - 5 weeks later <br> Downloaded approximately 850 times! Hey, people have been here.
As of today, there are 433 posts in this thread. Most of it is about other things - at least not my approach. I remember two people showing short-term interest. Therefore, no one helped improve the method.
what a shame. This is truly the Holy Grail.
During these five weeks, I refined the method myself. I can now choose which currency pairs to day trade - as sharp as a razor blade. The two always headed in my direction. I can use any strategy I like and I'll make money.
However, showing others my method seemed like a waste of time, so I kept this gold medal to myself.
Updated February 10th.
Things are always evolving and this article #1 has not been updated. Head to post #578 for the latest Holy Grail Bot.
The Holy Grail is the crystal ball .
Any strategy will make you money if you know which tools are the most popular right from the start.
EDIT : There seem to be many ways for traders to predict what is going to happen. This week, next week, this year. It doesn't matter. But that’s not enough to cover your monthly salary. You need to have an edge tomorrow. This is the Holy Grail.
I have this overview: On each chart I have placed the Williams Percent Range Indicator (WPR). It is located in the MT4 Oscillator folder. I set the parameter to 150. This is not suitable for trading signals, but I want the overall picture. The indicator goes to the child window. I set the size of the subwindow to fill the entire chart. Then I had the template. Place the tools you care about on the screen and add templates to each diagram.
When price remains above -30, the trend is upward - but likely within a range - keep this in mind. Below -70 and vice versa.
The best case scenario is when the price rises sharply OBOS or OSOB. The real trend is there.
When doing a daily top down, I set all my charts to daily. This quickly led me to tools that interested me. I wrote down the tools and then set all the charts to H4 and then H1. The list of interesting tools has now been narrowed down. I can then open the tool chart from the list and decide which one is best for the day. I give the selected person a green background color. This way they are easy to follow during the day.
Now you just need to trade the instrument of your choice based on the trend.
Simple! I use WPR, but you can use whatever you like, just keep it simple.
I'm attaching the script I found on FF. They make it easy to change the template and time range for all pairs.
But what do you think about this? How do you choose which currency pairs to trade. Please - I expect hundreds if not thousands of traders to visit this post. Don't be shy. Tell us about your strategy for finding the best scalping tool of the day. Let's help each other.
If anyone talks out of turn, my boots are ready.
Updated August 11 - 5 weeks later <br> Downloaded approximately 850 times! Hey, people have been here.
As of today, there are 433 posts in this thread. Most of it is about other things - at least not my approach. I remember two people showing short-term interest. Therefore, no one helped improve the method.
what a shame. This is truly the Holy Grail.
During these five weeks, I refined the method myself. I can now choose which currency pairs to day trade - as sharp as a razor blade. The two always headed in my direction. I can use any strategy I like and I'll make money.
However, showing others my method seemed like a waste of time, so I kept this gold medal to myself.
Updated February 10th.
Things are always evolving and this article #1 has not been updated. Head to post #578 for the latest Holy Grail Bot.
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