Scalping strategy to finish the year strong

Eur/Usd sell for win #2

Gbp/Jpy for win #3

Leaving longs on Cad/Chf, Eur/Jpy, and Eur/Gbp to run as D1 chart trades for now.

Best trade of the day was H1 chart

it was a nice clear signal and I was up early to get it.

Closed Eur/Gbp long for 7 final pips for the day.

Instructions for MACD Cap Channel Strategy

The indicators are for mt4.
TicksSeparateVolume.ex4 (14.6 KB)
CAP Channel Trading.ex4 (76.3 KB)
Order Block Catcher.ex4 (70.4 KB)
Smoothed HeikenAshi.ex4 (14.6 KB)
Traditional MACD MT4.ex4 (87.4 KB)

Order Block

Instructions for MACD Cap Channel strategy

2 Likes

Using only Order Block on M15

Do not ignore them!

2 Likes

Thanks a million !
Do we use the indicators as is or do we need to change some of the parameters?

@Baasdup

For Order Block - no need to change parameters.
For Ticks Separate Volume - no need to change parameters.
For Cap Channel - no need to change parameters (could go to 110, though).
For Heiken Ashi - change to parameters that fit best for the pair (Smoothed, Simple, Exponential, Linear Weighted. The longer you want to ride the trend, the more you go with smoothed. The shorter you want to ride the trend, the more you go with linear weighted.

MACD - extremely sensitive to pair and time frame. A simple way to look at what it does is to think of it as an EMA cross.

2 Likes

Anticipated pips from my H1 and H4 charts trades is 118, but could hit TPs today, tomorrow, or early next week.

Eur Usd long TP hit.
Edit: Eur Sgd long ( close enough, manually closed).

Cad Chf long and Eur Jpy long leaving open for now, unless TPs hit.

Now just need USD/JPY to hit 151.000ish.

Add EMAs to MACD on mt4 mobile.

Green and gray added
Ex: Green is 6
gray is 12.

Open trade when green crosses gray. Keep trade open until they cross again or MACD zero line. Notice how the macd 0 line closes the middle trade on the M15 chart and saves a loss.

M15 chart

H1 chart

Passive income D1 chart

What’s the indicators and settings on mobile window 1?

@Baasdup

If you are asking what mobile trading means, it’s just trading using your phone.

If you’re asking about the settings, those should be visible in the screenshots. Keep in mind, those are the settings that I am using, but I am not saying those are the best settings for everyone’s style of trading.

I mean the settings for the lines in the top window of the MT app.
Is it the same moving averages as the ones on MACD?
And what’s the settings for the parabolics?
Just a little detail again please brother🍻

@Baasdup

Ok.

Main chart:

PSAR I have at 0.006/0.2.

Yellow ema 14 close
Upper green ema 25 high
Lower green at 25 low.

MACD in oscillator window
Green ema 6 close.
Gray ema 12 close.

Happy trading, my friend!

2 Likes

Today’s victory on euro/usd