Simple scalping system, all red or all green
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Thread: Simple scalping system, all red or all green

  1. #1
    Look at the previous candle of M5,M15,M30 and H1
    If all green ,buy.
    If all crimson ,sell.

    The machine works on many trades and decent money managment.
    Statistically, if you look at any chart ,you will find far more consequential candles compared to candles of reverse colors.
    Try it demo.

  2. #2
    Quote Originally Posted by ;
    good money managment.
    Which are TP/SL or any rules for departure?

  3. #3
    Quote Originally Posted by ;
    Which are TP/SL or any rules for exit?
    Since its a scalping system ,you should watch the movements and pick.

    I mostly close manually at 15 20 pips,occasionally less. S/L should be -15 pips

    Right now I have 2 transactions with 10 pips each. I may close them do it on another pair.

  4. #4
    Last busy or closed candle?
    If busy in the launch of an Hour for 5 min that they will always be the exact same color...

  5. #5
    When do you buy? When 5min candle close green and other green, or ...?




    Quote Originally Posted by ;
    Look at the last candle of M5,M15,M30 and H1
    If all green ,buy.
    If all red ,market.

    The system operates on many trades and decent money managment.
    Statistically, when you look at any chart ,you will find more consequential candles than candles of reverse colours.
    Try it demo.

  6. #6
    The active candle for everybody.

  7. #7

  8. #8
    Very interesting approach ! Are you really is that your objective or making 10K per day ?

  9. #9
    Hi
    I utilized this sort of trading for a while. I utilized 15, 1hr and 5 minutes. You are able to expand this to 4hr and daily. When all are lining up you are able to reevaluate your profit targets. Approx 60% of time (GU) will follow daily direction.

  10. #10
    ???? What is these crimson and green ??? How come I didn't see anything? Thank you

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