Scalping Gold using WPR | Page 3 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

My Gold trading n scalping journey to 2000plus 114 replies

Unlocking Gold Trading Success: Intense 1-Minute Scalping System 128 replies

Gold XAUUSD - Scalping on M5 - Almost NO risk - ForexLia 11 replies

Gold Mining - Using Each Trading Day's Trend 4,179 replies

An idea for building wealth...using only gold 9 replies

Attachments: Scalping Gold using WPR
Exit Attachments

Scalping Gold using WPR

  • #41
  • Sep 11, 2019 2:53pm Sep 11, 2019 2:53pm
Nice results so far. Also watching with interest. May try out strategy on a test account. As a newbie, I need to really see how it works over time and make sure I get a sense of it in practice.
If in doubt, paddle out!
  • #42
  • Sep 11, 2019 3:34pm Sep 11, 2019 3:34pm
Quoting anthon25
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 {image} {file} {file}
Great start I hope you succeed to the end.

So we enter after 2 bars on WPR 9? We don't look at bars on WPR 51?
Attached Image (click to enlarge)
Click to Enlarge Name: Brez naslova.png Size: 70 KB

I marked with blue where we buy and purple where we sell. Is that ok?
Anything above the line is an uptrend, below the line is a downtrend.
  • #43
  • Sep 11, 2019 5:01pm Sep 11, 2019 5:01pm
Quoting Degolep
{quote} Great start I hope you succeed to the end. So we enter after 2 bars on WPR 9? We don't look at bars on WPR 51? {image} I marked with blue where we buy and purple where we sell. Is that ok?
You can Buy if : Fast WPR (9) Yellow Filterred by Slow WPR (54) also yellow

entry is after confirmation both of bars than you good to go

Cheers
I am completely a lazy Trader & Pennies Rebate Hunter
  • #44
  • Sep 11, 2019 5:22pm Sep 11, 2019 5:22pm
Quoting TudorIoan
{quote} 1. There are hundreds of versions and styles of martie robots, so if he doesn't tell you the tricks you wouldn't possible know all about the strategy... 2. Is not necessary for a martie to end in black swan ...if no greed ...I have a robot for years working in the backgound, I almost forgot about it, I check it rarely, it tweaks small and quiet like 3-5 bucks a day, not so interesting, but small, safe money tap
Dear friend

I'll share all the trick. also the ea soon.after 100% profit of Account above, FF TE. Since today just got 79.7%

Actually i used this ea for several Months and got blew up on GBPUSD since i used it on M5. than i turned on XAU, since Mr Trumph starts the war. I like him. gold got crazy wave.
I am completely a lazy Trader & Pennies Rebate Hunter
  • #45
  • Sep 11, 2019 7:39pm Sep 11, 2019 7:39pm
Quoting Degolep
{quote} Great start I hope you succeed to the end. So we enter after 2 bars on WPR 9? We don't look at bars on WPR 51? {image} I marked with blue where we buy and purple where we sell. Is that ok?
Hi friend..... Perhaps this picture clear to understand
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM1.png Size: 20 KB
I am completely a lazy Trader & Pennies Rebate Hunter
  • #46
  • Sep 11, 2019 7:46pm Sep 11, 2019 7:46pm
Hi Anthon,

Ver y interested and have subscribed. Couple of questions...

I read that you have tried it with GU on 5M, any other pairs?

Sell: Fast and Slow Red bars
Buy: Fast and Slow Yellow bars

No bars: Neutral

Do you wait of close when:
Selling: Fast Red + Slow no bar?
Buying: Fast Yellow + Slow no bar?
Stay green!!!
  • #47
  • Sep 12, 2019 12:04am Sep 12, 2019 12:04am
Quoting Froggy
Hi Anthon, Ver y interested and have subscribed. Couple of questions... I read that you have tried it with GU on 5M, any other pairs? Sell: Fast and Slow Red bars Buy: Fast and Slow Yellow bars No bars: Neutral Do you wait of close when: Selling: Fast Red + Slow no bar? Buying: Fast Yellow + Slow no bar?
I preferred to wait.

if become opposite do cut loss and switch with 1.5 martingale

Another pair i have tried yet... please try other pair than very welcome to share here

cheeeers
I am completely a lazy Trader & Pennies Rebate Hunter
  • #48
  • Sep 12, 2019 12:04am Sep 12, 2019 12:04am
Quoting anthon25
{quote} Hi friend..... Perhaps this picture clear to understand {image}
Can you please share your EA?
  • #49
  • Sep 12, 2019 12:11am Sep 12, 2019 12:11am
Quoting anthon25
{quote} Hi friend..... Perhaps this picture clear to understand {image}
Yes I understand now. Where or how much do you put your SL?

You know what would be nice? If we had an alert when both WPR are confirmed.
Anything above the line is an uptrend, below the line is a downtrend.
  • #50
  • Edited 12:56am Sep 12, 2019 12:16am | Edited 12:56am
Quoting anthon25
{quote} I preferred to wait. if become opposite do cut loss and switch with 1.5 martingale Another pair i have tried yet... please try other pair than very welcome to share here cheeeers
I have used UJ but of course you need some volume and trend but so far so good.

Have tried longer tf??
Stay green!!!
  • #51
  • Sep 12, 2019 1:37am Sep 12, 2019 1:37am
Quoting pipchef
{quote} Can you please share your EA?
I will
I am completely a lazy Trader & Pennies Rebate Hunter
  • #52
  • Sep 12, 2019 1:40am Sep 12, 2019 1:40am
Quoting Froggy
{quote} I have used UJ but of course you need some volume and trend but so far so good. Have tried longer tf??
As you see quickly longer TF doesn t work! It s simple if both indis are in the overbought situation there is in most cases no more room for getting higher...I would trade inverse(And yes I have calculated this with success....)
Vucking good EA coder... https://t.ly/AZjRM
  • #53
  • Sep 12, 2019 1:42am Sep 12, 2019 1:42am
Quoting Degolep
{quote} Yes I understand now. Where or how much do you put your SL? You know what would be nice? If we had an alert when both WPR are confirmed.
Usually on scalping i put 500 Pips Sl (5 digit)
TP will be 100-250 pips

You'll be so much welcome to make the alert. Perhaps urr can help to make it

As for now on i dont trade manually. i let the EA to do my habits. so far its good
I am completely a lazy Trader & Pennies Rebate Hunter
  • #54
  • Sep 12, 2019 1:46am Sep 12, 2019 1:46am
Quoting anthon25
{quote} Usually on scalping i put 500 Pips Sl (5 digit) TP will be 100-250 pips You'll be so much welcome to make the alert. Perhaps urr can help to make it As for now on i dont trade manually. i let the EA to do my habits. so far its good
I dont know nothing about coding... If someone could do it don't they need an .mq4 file of your indicators? Maybe someone can get someone to code it for us, it shouldn't be a big problem for a coder.
Anything above the line is an uptrend, below the line is a downtrend.
  • #55
  • Sep 12, 2019 1:46am Sep 12, 2019 1:46am
Quoting reteid2222
{quote} As you see quickly longer TF doesn t work! It s simple if both indis are in the overbought situation there is in most cases no more room for getting higher...I would trade inverse(And yes I have calculated this with success....)

Brilliant

trade inverse is recommended for long TF. also please refer to my very first post

My Ea is including that strategy.

i used it for other account.
I am completely a lazy Trader & Pennies Rebate Hunter
  • #56
  • Sep 12, 2019 1:47am Sep 12, 2019 1:47am
Quoting reteid2222
{quote} As you see quickly longer TF doesn t work! It s simple if both indis are in the overbought situation there is in most cases no more room for getting higher...I would trade inverse(And yes I have calculated this with success....)
1M when both are Yellow you sell and both red you buy correct?
Stay green!!!
  • #57
  • Sep 12, 2019 1:48am Sep 12, 2019 1:48am
Ok.

I made those 4 accounts to trade using this Ea with 4 hours space

https://www.forexfactory.com/anthon25#acct.43 FF TE

01 100
02 100
03 100
04 100
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 82 KB
Click to Enlarge Name: Screenshot3.png Size: 82 KB
Click to Enlarge Name: Screenshot4.png Size: 82 KB
Click to Enlarge Name: Screenshot1.png Size: 83 KB
I am completely a lazy Trader & Pennies Rebate Hunter
  • #58
  • Sep 12, 2019 2:27am Sep 12, 2019 2:27am
Quoting Froggy
{quote} 1M when both are Yellow you sell and both red you buy correct?
Preferred not inverse on 1 M while you can take profit. Inverse will be better on long TF
I am completely a lazy Trader & Pennies Rebate Hunter
  • #59
  • Sep 12, 2019 5:09am Sep 12, 2019 5:09am
Quoting Degolep
{quote} I dont know nothing about coding... If someone could do it don't they need an .mq4 file of your indicators? Maybe someone can get someone to code it for us, it shouldn't be a big problem for a coder.

Not to worry friend...

its been coded. will share after a while
I am completely a lazy Trader & Pennies Rebate Hunter
  • #60
  • Sep 12, 2019 5:15am Sep 12, 2019 5:15am
@ Anthon25
Thanks for the efforts puts into the thread
i am following with much interest and waiting for the EA release for forward testing and review
2 traders viewing now