Paulus - Traffic lights - MT4/MT5 resources
Hi
Have a few messages to post about this system, from Expatts Scalping System, I just wanted to make it more mechanical for myself... What we do here is we take a system and adapt it to our own preferred trading style.
I should say that I can't devote a lot of time to answering questions from the get-go, so following my initial post I'm going to provide all the information I can and hopefully answer most of the questions. I'm not looking for this thread to get 5 gold medals or run thousands of posts.. all I want is to show that you can scalp in a mechanical way.
Traffic light, because that's what I think, when I trade red, I stop green, I'm as simple as that.
Signal 2 types
Normal and safe, safe happens less frequently but happens more often I use a 10 pip stop loss 10 pips tp I stop on the day there are 20 clear pips at $1000 per contract per week. The longer I stay in the market, the greater the risk. If my 2nd trade wins, I'll stop and go to sim if I want.
Well, most of my screenshots so far show when the Asian sessian is hit.
Please bear with me, time permitting I will provide the inds template and rules later today, those of you who know me will know that I had to leave the board for personal reasons, I have only recently returned but the time is still very, very short.
The 2nd signal is considered a "safe" signal and the 2nd signal is considered a "normal" signal
Have a few messages to post about this system, from Expatts Scalping System, I just wanted to make it more mechanical for myself... What we do here is we take a system and adapt it to our own preferred trading style.
I should say that I can't devote a lot of time to answering questions from the get-go, so following my initial post I'm going to provide all the information I can and hopefully answer most of the questions. I'm not looking for this thread to get 5 gold medals or run thousands of posts.. all I want is to show that you can scalp in a mechanical way.
Traffic light, because that's what I think, when I trade red, I stop green, I'm as simple as that.
Signal 2 types
Normal and safe, safe happens less frequently but happens more often I use a 10 pip stop loss 10 pips tp I stop on the day there are 20 clear pips at $1000 per contract per week. The longer I stay in the market, the greater the risk. If my 2nd trade wins, I'll stop and go to sim if I want.
Well, most of my screenshots so far show when the Asian sessian is hit.
Please bear with me, time permitting I will provide the inds template and rules later today, those of you who know me will know that I had to leave the board for personal reasons, I have only recently returned but the time is still very, very short.
The 2nd signal is considered a "safe" signal and the 2nd signal is considered a "normal" signal
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