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R3ta replied Jan 6, 2026I'm surprised this thread is still active after so many years, but I suppose it's a testament to CP's valuable insights. While his indicator properly help you to map the market structure, there are still particularities to iron out before being able ...
Higher Edge within a Single Candlestick
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Three pips stop - Scalping Journal
Started Apr 27, 2020|Trading Journals|0 replies
I have just picked up scalping again after a long time and I desire to attempt at becoming ...
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R3ta replied Dec 22, 2017You can use FXCM free datafeed to run charts with NT, and then use your preferred broker for placing orders. I often use multiple platforms for different purposes. The edge is in the fractal nature of the market, coupled with the real world ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 20, 2017Ninjatrader, if you want to dive into scalping I suggest you to try it out. In my years of trading I still have to find a better platform for charting on <1m TF.
Higher Edge within a Single Candlestick
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R3ta replied Dec 16, 2017Thanks for sharing your indicator with some added imputs, that's all I needed. You say it's impossible to reverse-engineer your indicator and that is a futile exercise. I totally disagree. You may be right in saying that replicating an exact version ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 11, 2017No I don't take it personal. I got caught into this thread because I got intrigued by CP's indicator, which appeared interesting to me. With your reference to "Mastering The Basics" (written like that it seem the title of an upcoming movie, lol) I ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 11, 2017Is this the indicator you're talking about? This one seems the one CP is using. Anyhow I coudn't find it for NinjaTrader or MT4/5 or Oanda's platform, it seems it's only available on FXCM's TradeStation. Am I correct?
Higher Edge within a Single Candlestick
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R3ta replied Dec 11, 2017Here it is, a 1 sec chart with a MACD (60,3600). Does it look like CP indicator to you?
Higher Edge within a Single Candlestick
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R3ta replied Dec 11, 2017CP indicator might be simple in it's nature, but by looking at his charts it's not common. As far I can see his indicator gives very reliable signals on tick charts, something 100% not common. This means nothing in practice. Please, for the love of ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 11, 2017The influx indicator used by CP is not an ordinary MACD. Below you can see a MACD with the specs you mentioned (please note it's a 5-sec chart so MACD values are set to 12,720). Entry levels are +0.005 for long and -0.005 for sell. As you can see ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017Looking at the indicator behaviour, it can also be some sort of modified awesome oscillator. Just to know, you have your hands on this indicator (or similar) or are we all trying to guess?
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017So you're referrig to a simple MACD right? Anyway, if my theory is correct the indicator line represent the changes over time (or slope perhaps?) in the MACD line (completely different concept).
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017In my example the exit is not decided by price crossing the blue line, but it's managed by the trader. If price stall for more than X seconds = you exit the trade. Every respectable scalper with some experience will know what I'm talking about, we ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017Thanks, I did not see that indicator before now. He found a combination of indicators that effectively deliver reliable and precise signals on tick charts, which is essential as I stated before. As far as I understood, he is trading this way: 1 - An ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017Take a look at this 5-seconds chart of cable during peak hours. Where is your reference point? Where would you pull the trigger?
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017Just to crack some more "codes" for the noobs (please note this is my interpretation of CP lines and might be wrong): When CP talks about higher edge in a single candlestick: He means price movements inside any given time period (even 1 min candles) ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 10, 2017Glad I got it after a couple of hours of lurking this thread. Yes and no. I know very damn well that watching tick charts during London/NY sessions is definitely the fastest way for a trader to learn how to trade momentum; the best ability you could ...
Higher Edge within a Single Candlestick
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R3ta replied Dec 9, 2017From what I've understood lurking into this thread the phrase "95% of the time price will close above or below the open" repeated many times by OP and CP is referring to the fact that price tend to move from any given point in time and tend to ...
Higher Edge within a Single Candlestick