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The Great 05 Level Scalping System

author EAcpu | 3 reads | 0 comments |
This is a system I have developed, with many experiments at the Udine level, it shows excellent results, is also very easy to understand (2 indicators) and is applied on the M1 time frame, allowing very precise selection of (and not missing) trades.

British Pound Japanese Yen <br> Good performance in full time trading, better daily targets Timeframe: M1
TP: 50
SL: 100
SL0 AT +35
Trading hours: London only
Entry rules:
Wait for the opening price indicator to have the same color as the graphic candle
Place an order:
Place the pending 05 level below for short trades (black/black) and above for long trades (orange/orange).
Cancel pending orders at the close of the first color change (candle, opening price)
If all indicators still have the same signal, place another order 05 level below the last TakeProfit/StopLoss for shorts and above the last TakeProfit for longs.
Only 1 transaction per color change
Details:
The Open Price indicator shows whether the last H1 and D1 candle closed in a bullish (orange) or bearish (black) manner, while on the chart is the RSI indicator (period 60). In a suspicious trend, the two indicators are marked with different colors, and when they agree, we have a strong confirmation of the trend.
Use your skills to find the current low-line trend and only place orders in its direction to increase your success rate
appendix
[TPL] 01 scalpGJ.tpl 584 KB | 1,357 downloads | Uploaded at 9:56 pm on April 7, 2015

appendix
[MQ4] DailyLinesBoxes.mq4 74 KB | 1,365 downloads | Uploaded on April 7, 2015 at 9:56 pm

appendix
[MQ4] #PriceToOpen.mq4 2 KB | 2,088 downloads

appendix
[MQ4] SweetSpotsGOLD_TRO_MODIFIED_VERSION.mq4 6 KB | 1,179 downloads | Uploaded on April 7, 2015 at 9:58 pm

http://i60.tinypic.com/wu3yx4.png

Target?
Some transactions:
2015.03.06
5 5 5 5 5 5 5 0 5 5 [+15]
2015.04.05
5 5 5 5 5 0 5 5 5 [+20]
2015.04.04
5 5 5 5 5 5 5 5 5 [+5]

There are two ways to trade:
Full London trading, 10-20 trades per day, not all days will be profitable but commissions are always paid
2% - Smart risk per trade, can stop 2 trades per day or trade throughout the day.
5% (mine) - Danger, enter a good bull or bear trend visible on M1 and get 50 or 100 points first.
10%> - Prepare to destroy your account.

EURUSD
40% successful trades = profit.
Time frame: M1
TP: 100
SL: 50
SL0 AT: +50

Entry rules:
Wait for the opening price indicator to have the same color as the graphic candle
Place an order:
Place the pending 05 level below for short trades (black/black) and above for long trades (orange/orange).
Cancel pending orders at the close of the first color change (candle, opening price)
If all indicators still have the same signal, place another order 05 level below the last TakeProfit/StopLoss for shorts and above the last TakeProfit for longs.
1 transaction per level
Details:
The Open Price indicator shows whether the last H1 and D1 candle closed in a bullish (orange) or bearish (black) manner, while on the chart is the RSI indicator (period 60). In a suspicious trend, the two indicators are marked with different colors, and when they agree, we have a strong confirmation of the trend.
Having only one transaction per color change has a higher success rate

appendix
[MQ4] Grid_v2.mq4 4 KB | 1,869 downloads
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png
ex3.PNGEURUSDM1.pnggjd.PNGEURUSDecnM1.png

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