Hope your trading has continued to be good. I am trying to understand your substrategy 2 but I don’t think I have grasp the concept. If I don’t misunderstand, your #1 play is that in a long trend, you set your SL point in the direction of the trend as it progresses. SL point is set at the last Lower high or highest low depending on downtrend or uptrend. However, I don’t understand 1) how to place entries in your substrategy 2; 2) how to identify the presence of a possible big trend and 3) how to exit at the end of a major trend.
Did you ever post a template or indie for your setup because with the original petefader’s indies & template I have so many S/R & PP lines that it can be confusing. Sometimes when I see an entry but a horizontal line is 4-5 pips away I wait to see if that line will be crossed. In short I’m getting in too late on entries and thus losing some profitable pips. Many thanks for all your imput. D
Hello, someone recommended this mad scalper to me today. i have installed all the indicators and it really looks fantastic in hindsight. However, i am also a fan of candlesticks and would love to know where this candlestick thread is… " Tymen’s excellent candlestick method ". I could not find the thread.
I’d be happy to post any results here, i think this system may work very nicely for me.
Thank you and Thanks to Pete for sharing your system.
I had a great success rate too but spent an awful lot of time at the screen & didn’t garner nearly as many pips as you have. What pairs & what times do you trade? Hope you don’t mind my asking. d.
This is the primary tool I use; however, I also ensure confirmation with other tools. Lastly, in order to get that many pip in shortest amount of time, I trade the top pairs all at once - most liquid anyways.
Hello guys!
I’m sorry for not being here for a week tryed to find something for 1 min system to get rid of personal judgement as much as possible. And I found what I want. Tryed to trade it this week and had beter results as I could expect. Think it will be much more easy for everybody that
I will start a new MadScalper thread to trade only 1 min timeframe and will make all the explanations as well
This is how my setup looks now If anybody is intrested stay tooned I will be back
Not much more to be said about the original Mad Scalper method. This thread covers all you need to know, and we’ve seen great results. Seeing sub methods now forming for more trades per day is a great thing, keep up the good work.