image Why does the MT5 not show the Bollinger bands that you use fir this strategy to enter and add positions or don’t you use that anymore?

M1 Countertrend Scalping Strategy

Ahhh!!… I see what you mean… but in the MT5 version did you use 2 colours because when the green line is on top of the red line it’s an uptrend and when the green line is under the red one it means a downtrend for sells?

M1 Countertrend Scalping Strategy

BDfx77 I think the reason we are confused is because he’s showing the cloud on TradingView but then in his trading view he shows MT4 and 2 ema’s.

M1 Countertrend Scalping Strategy

Thank you my friend… but t the script you have given is a TradingView script. And in the YouTube video you showed us an example that one looks like MT4. So are you actually using the mt4 version or the TradingView one. Because the one on mt4 doesn’t ...

M1 Countertrend Scalping Strategy

image you’ve outlined where you can add a position and get in the start of a trend.. but you haven’t outlined where exactly you get out and close all your trades… you could be adding and adding but then it suddenly drops and all the profit is ...

M1 Countertrend Scalping Strategy

could you explain a bit more about your strategy on how you enter and exit please.

M1 Countertrend Scalping Strategy

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

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

But where do you put your stoploss my friend?

M1 Countertrend Scalping Strategy

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

but they don’t look like the standard ema’s they seem thicker

M1 Countertrend Scalping Strategy

what is this cloud indicator that is used and what settings do you use?

M1 Countertrend Scalping Strategy

ah yes that’s the better way bro…. Well done

M1 Countertrend Scalping Strategy

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

your adding each time it touches the 70 level again?

M1 Countertrend Scalping Strategy

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

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

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

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

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