And after a year and a half... how's it going with your system search without indicators?
And after a year and a half... how's it going with your system search without indicators?
Look for "scalping strategy 10 pips per day." I'm sure there's something on this forum or on the internet.
If you want something without indicators, check this out: Breathe to the top. - Andrew Carnegie
You have four options: Listen to idiots and lose. Pay for trash and lose. Create your own system (good luck with that
I use ticks graphics and trend lines. Good method for scalping, as long as you have a decent broker that doesn't kill you with spread or commissions.
I was bored this weekend and ran into this thread. Happy year to everyone. To do scalping in 5 minutes, you should look at the graphics in M1. Look for levels of support/resistance, trace trend lines, and look at the price action. Operate in the direction of the impulse, enter when the price stops at a key level. Without greed: take a few pips and closes. If you want more, re-enter after a pullback. And if you can, program an EA that moves the stop to break-even automatic. One single operation by movement, do not operate the end of the impulse. Wait for breakage. This method has worked for me. If you are interested, send me a private message. Fontu If you do not understand, you better not follow my analyses. Clear your doubts first, the risk is high.
I don't understand the obsession with Scalping in M5. Do you want to become a robot or what? Learn to see the forest and not just the leaves. Trading is not a video game.
If you're going to scalping in M5 without indicators, you need to master the price action. Literally read the language of candles. And that's not learned in two days.
I use a combination of volume levels, order flow and Heikin Ashi candles. You don't need indicators if you understand what the market is telling you.