- Search Metals Mine
- CM-PunkFX replied Mar 17, 2025
Ok you keep adding buy positions in this chart but when do you get out?...... because you could still be in when the trend turns suddenly turns red and your wins might then turn from profit to loses if you get out at the wrong time. what is the exit ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 17, 2025
If price is trending then the cloud is good and useful.... but what happens in the areas where the trend is small and the cloud colour doesn't last long until it changes?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 17, 2025
But where do you put your stoploss my friend?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 17, 2025
it’s certainly good that you are trading with the trend which is how you are suppose to trade. But how do you pick your entries?… so we can see the cloud is green and price is above the cloud so you only look for buys I get that part But then once ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 17, 2025
but they don’t look like the standard ema’s they seem thicker
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 17, 2025
what is this cloud indicator that is used and what settings do you use?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
ah yes that’s the better way bro…. Well done
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
be careful if you are using the rsi lows and highs to trade back to the 200 ema… in a long trend it will result in a losing trade because it won’t return to the 200 ema for a long period resulting in a big losss.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
your adding each time it touches the 70 level again?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
gringo do you have the template for this one please?.... from what I see here.... if we are using the 1% strategy why dont we just have that colour changing ema 200 on our charts and that's all we need. basically we can just sell when the ema is red ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
Well I have the ema full strategy video and the 1% strategy video.....i have actually abandoned the ema on because like I explained... no matter how much profit you have gained on wins it only takes one large loss to rock your account. So i then ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
Thanks for the response gringo... ok I think you have basically broken it down.... there's actually no proper way of of tackling this problem other than basically keep adding and hope it returns breakeven or in profit or just close at a lose whether ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
so how did you tackle it in the end?... you just continued to trade one way until it went in your favour by adding more and more positions?... or did you close at a loss?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
gringo I have never tried this new system by you... but have been familiar with similar templates... and yes you are 100% correct when you say the price will eventually return to the 200 ema. Its a definate yes it will no doubts to that. But just ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 16, 2025
gringo I think there is a possibility it will return to the ema 200 but then again in a strong trend.. the Heikin Ashi candles will just turn back to red and continue falling down.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
yes your right have a nice weekend brother.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
Thank you gringo..... I'm practicing with this layout now... I enter as the candle goes through the ema and only when its the same colour as my direction. One thing about the exit. lets say I'm in a buy trade and it goes up, then the candles hit the ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
I followed all the settings but why does it seem on your H1 Gold chart the ema is so much smoother. If you look at my screen print my ema has a bit of noise and cuts in between.. yours doesnt have the small colour changes I get... am i missing ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
ahhhhhh.. thank you gringo...... I thought something didn't look right, I'll try these settings you have shown now.. many thanks
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
Yes but I found out to completely match a normal 200 EMA you also have to set the MAMethod to 1 to get it to match completely. Or do you not need to do this?
M1 Countertrend Scalping Strategy