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Scalping Gold using WPR

  • Post #1
  • Quote
  • First Post: Edited Mar 14, 2021 1:53pm Sep 4, 2019 10:22am | Edited Mar 14, 2021 1:53pm
Hi traders..


I'm a simply farmer from Indonesia.
I trade for fun and make some pennies.

I do love scalp.

"Scalping Forever"


I came the idea such this :

Daily Target 5%

I will try this strategy, $ 200 as initial balance. begun Sept 2 2019 till 6 Months (120 days of trade)

Using wpr 9 breakout filtered by wpr 54 on M1 (will explain it next)





Here it is the plan strategy
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I am completely a lazy Trader & Pennies Rebate Hunter
This idea is very simple.

Using William Percent Range (found on Oscilator MT4)

Fast WPR 9 Filter by SloW WPR 54 use level -70 & -30

Some trader use WPR such Stochastic While the other use WPR as opportunity gap

Buy when price break upper WPR 9 Level -30 filtered by WPR 54 also have to break -30
Sell when price break below WPR 9 Level -70 filtered by WPR 54 also have to break -70

Time Frame for scalping is M1
if goes wrong and WPR is opposite than position, just cut loss and add lots (martingale)
I preferred double by 1.5 on previous size
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I am completely a lazy Trader & Pennies Rebate Hunter
begun Sept 2 2019
5 Days trade reached 33.7%

Result today : https://www.forexfactory.com/anthon25#acct.10

Some time its hard to read WPR is it cross over or not yet.
So i made them easier to read by converting it to easier indicator.

First Indicator is WPR Fast; 9
Second IS WPR Slow ; 54

Buy when First Yellow Bar appeared (WPR 9) filtered by second Yellow Bar appeared
Sell when First Red Bar appeared (WPR 9) filtered by second Red Bar appeared

Feel Free to download
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 WPRfast.ex4   3 KB | 3,875 downloads
File Type: ex4 WPRslow.ex4   3 KB | 3,554 downloads
I am completely a lazy Trader & Pennies Rebate Hunter
Result today : https://www.forexfactory.com/anthon25#acct.10
I am completely a lazy Trader & Pennies Rebate Hunter
  • Post #5
  • Quote
  • Edited 4:59pm Sep 9, 2019 4:47pm | Edited 4:59pm
My Goal for this September is to make the accounts profit 100%

Here it is the result today with 50% profit. 6 Days trading

https://www.forexfactory.com/anthon25#acct.10


I also made an account with 2% daily profit target and made withdrawal every day.

https://www.forexfactory.com/anthon2...xplorer.176550
I am completely a lazy Trader & Pennies Rebate Hunter
  • Post #6
  • Quote
  • Edited Sep 10, 2019 6:17am Sep 9, 2019 5:15pm | Edited Sep 10, 2019 6:17am
In order to handle accounts, i made an EA based on my strategy.

think for this several days it works properly

will share it next
I am completely a lazy Trader & Pennies Rebate Hunter
Quoting anthon25
In order to handle a view accounts, i made an EA based on my strategy. think for this several days it works properly will share it next
Great retreading Anthony, I will follow your thread

Cheers Rick
Trading thin liquidity at the boundary of the charts
I see you anthon25! You can code?
Quoting GoldGrilz
I see you anthon25! You can code?
Dear....

Codiiiing???? hahahaha ...of course i can't do it.

let the expert do it.

Making Ea is Almost done
I am completely a lazy Trader & Pennies Rebate Hunter
Sure we can, many did, many will.. The problem is they overscalp and get CUT
If would would be able to sustain that TE (TradeExplorer), let us know... Looks good for now, but 8days too little to tell...
Looks good though...
Can you afford to take that chance?
Quoting auricforecas
Sure we can, many did, many will.. The problem is they overscalp and get CUT If would would be able to sustain that TE (TradeExplorer), let us know... Looks good for now, but 8days too little to tell... Looks good though...
Yup...
8 days too little to know the consistence.

Let it be for 120 days

cheers
I am completely a lazy Trader & Pennies Rebate Hunter
Quoting anthon25
{quote} Yup... 8 days too little to know the consistence. Let it be for 120 days cheers
Yeah, check your TE very quickly, 10sec.. It seems you are not just trendsurfing etc... but mixing long/shorts... and made quite some trades over the last 8days...
How would you estimate luck vs skill? I mean, there might be something there, not sure yet... Keep the thread alive, I might check it later, after like 30-90days
UNLESS you really step-up the game.. I mean at 500:1 you would have to be careful/skilful not to get burned
Can you afford to take that chance?
Quoting auricforecas
{quote} Yeah, check your TE very quickly, 10sec.. It seems you are not just trendsurfing etc... but mixing long/shorts... and made quite some trades over the last 8days... How would you estimate luck vs skill? I mean, there might be something there, not sure yet... Keep the thread alive, I might check it later, after like 30-90days UNLESS you really step-up the game.. I mean at 500:1 you would have to be careful/skilful not to get burned
Yeah... fair enough

mixing long & short is "scalper agenda"

you are most welcome to check.

this is all about the game isn't it ?? hope not just luck involve

Just wish me to beat the market
I am completely a lazy Trader & Pennies Rebate Hunter
Quoting anthon25
{quote} Yeah... fair enough mixing long & short is "scalper agenda" you are most welcome to check. this is all about the game isn't it ?? hope not just luck involve Just wish me to beat the market
yes, maybe wasn't clear, I think that it is a good thing (in a way of seeing if it is skill vs luck) that you mix/ed, to show that you are not just trendsurfing but do a real work.. it is much harder to be right when switching... in my book at least... So it would appear that you might be onto something, but again, 8 days are much to soon, in fact I can not confirm/deny (skill vs luck) m/any of my trades for the past 10years - if we are really honest to ourselves... And it is hard to isolate the parameter to check this as oppose to simple probab test. Well you got me interested... And also, your thread influenced me to check the market at this exact moment... see my post... timestamped... https://www.metalsmine.com/showthrea...3#post12494543
seemed very good entry... still is...
Can you afford to take that chance?
  • Post #15
  • Quote
  • Edited 4:47pm Sep 10, 2019 3:45pm | Edited 4:47pm
Quoting auricforecas
{quote} yes, maybe wasn't clear, I think that it is a good thing (in a way of seeing if it is skill vs luck) that you mix/ed, to show that you are not just trendsurfing but do a real work.. it is much harder to be right when switching... in my book at least... So it would appear that you might be onto something, but again, 8 days are much to soon, in fact I can not confirm/deny (skill vs luck) m/any of my trades for the past 10years - if we are really honest to ourselves... And it is hard to isolate the parameter to check this as oppose to...
Yeah... its very hard to do when i have to cut loss and switch , but again and again, self discipline must be regenerated and just follow the wave, what so ever wait after next seconds. just follow and ride it.

I hit the rock while not ride the wave sometime 20 years ago when we trade only use paper and shout for quote
on that day we just know Limit Up and Limit Down with 6 session on the day. using paper for order and little shout to operator.
Now days we use MT4. the great sensational platform with the great broker of icmarkets

Any how this will be my target for September. Just wish me luck and not drowned on the wave
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I am completely a lazy Trader & Pennies Rebate Hunter
Quoting anthon25
{quote} Yeah... its very hard to do when i have to cut loss and switch , but again and again, self discipline must be regenerated and just follow the wave, what so ever wait next second. just follow and ride it. Any how this will be my target for September. Just wish me luck and not drowned on the wave {image}
Well this quality alone can ride you far man! Many gurus are fixated on some trades.. and not letting go even when they have been drawn for a long time, gladly it is their pocket change account otherwise they would be fired through of the closed window from high-rise Some (relevant) motivation for you:

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And tnx man, might recheck your thread later, after you buildup some more stat.
Can you afford to take that chance?
Very impressive trade graph.
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Quoting Goat
Very impressive trade graph. {image}
Classic martie robot, Ted. I just love them!
If you are not greedy they can really work ...errr, mind the black swans ...see Not-KPMGollum loser TE!
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Member
Quoting anthon25
{quote} Yeah... its very hard to do when i have to cut loss and switch , but again and again, self discipline must be regenerated and just follow the wave, what so ever wait after next seconds. just follow and ride it. I hit the rock while not ride the wave sometime 20 years ago when we trade only use paper and shout for quote on that day we just know Limit Up and Limit Down with 6 session on the day. using paper for order and little shout to operator. Now days we use MT4. the great sensational platform with the great broker of icmarkets Any how...
Good job, good luck!
Member
Quoting auricforecas
{quote} Well this quality alone can ride you far man! Many gurus are fixated on some trades.. and not letting go even when they have been drawn for a long time, gladly it is their pocket change account otherwise they would be fired through of the closed window from high-rise Some (relevant) motivation for you: {image} And tnx man, might recheck your thread later, after you buildup some more stat.
Just a note does any one ever ever ever take a swap into account when keeping a trade
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
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