Thread: 5 minutes scalping egy

Hello traders,
Long time since I come here. Well I was looking for a scalping egy and I found million of these, I thinked create a egy but using potencial of profits? Searching at the MT4 tools, I enjoyed the DeMarker indior, so I investigate who's Tom Demark and I didn't discover much but the indior looks fantastic using it alone and at a time period.

Looking again, I find a movie in youtube using MACD and DeMarker for trading and looks fantastic too but I do not believe that works, after that, here innigeriaforextradingI found Samer1970 and looks like he created an indior that looks great for trading and I chose combine this indior whit demarker and looks fantastic in visual backtesting and I make some trades in account and winners.

I want to share with you guys to allow me to examine it and enhance this egy all together to make some cash using it, possibly Samer can help us or a programmer can create an EA to quickly backtesting, I'm not a scalper so in case any of you're a great scalper possibly can suggest ideas to enhance this egy.... By how here the rules and illuions:

5 Minutes scalping

UPDATED (Demarker amounts)
INDICATORS
Demarker (7 phases) amounts 0.05, 0.95
Samer1970 indior (connected) (250)

TIMEFRAME
5 minutes

I'm testing it at XM account Zero in very slow spread pairs such as EURUSD, AUDUSD,AUDJPY etc..

BUY

Samer1970 indior GREEN
DeM cross 0.1 and we input until a GREEN candle looks, the indior can be horizontal below 0.1 and we do not take the transaction before a GREEN candle looks.
(If DeM cross 0.1 at GREEN candle, we take the transaction in the next pub)

SELL

Samer1970 indior RED
DeM cross 0.9 and we input before a RED candle looks, the indior can be horizontal above 0.9 and we do not take the transaction before a RED candle looks.
(If DeM cross 0.9 at RED candle, we take the trade in the next pub)

This rules can be modified to enhance the egy

TP: 5 pips
SL: 30 pips or depart the transaction before Samer1970 indior cross, or until US session over or you can put time for scalping and close all transactions as soon as your scalping period is finished (this can be enhanced)

Here some transactions from today, Only SELL:

AUDUSD





AUDJPY





And more market illuions of EURUSD





I use this egy in Europe session along with US session but possibly can functions 24hrs, an EA can affirm this
https://www.nigeriaforextrading.com/...6215990223.ex4

Thank you for sharing.

The very complex with this manner of egy is to discover the right RR, two or three weeks of backtest will reveal to you quickly if it's profitable.

Today trading session.



Have a Fantastic weekend

Originally Posted by ;

Thanks for sharing. The complex with this style of egy is to discover the RR, 2 or 3 months of backtest will reveal to you quickly if it's profitable.

That's right Hezz, I'll perform forwar analyzing this month.

Originally Posted by ;

Today trading session. picture Have a fantastic weekend

Would you place the demarker indior too?
tnx

Originally Posted by ;

quote Can you post the demarker indior too? tnx

download it
https://www.nigeriaforextrading.com/...0146751358.mq4

Hi, Thank you for sharing your system with us.

Isnt 5pip TP and 30pip SL a Little risky? 1 loss can wipe out profits from 6 wins.

Originally Posted by ;

quote download it document

thank you.

Originally Posted by ;

Hello, Thank you for sharing your system. Isnt 5pip TP and 30pip SL a little risky? 1 loss can wipe out profits from 6 wins.

Hello logictrader

yes, the stop loss is the hard part of the system, I hope we can create suggestions about better quit loss

Can anyone add alert for Demarker indior to touch 0.2 and 0.8