hi guys and girls i am a scalper trading from 1 min chart i am going to give a system that make money for me.it may be not work for you.i am not responsible for any loss or win
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Joined Jan 2019
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Status: Junior Member
|4 Posts
Hi Sathish,
Thank you for your system.
The idea of using stochastic for entry + Moving average for trend filter is very stable.
My old system using 2 Ema to define trend. When price going to middle of 2 MAs for testing, then come back the to main trend, I will make buy or sell.
but this system is not good enough.
I applied the stochastic entry as your idea. It make my trading become more accurate.
Like this picture chart M5 of EURUSD, with 2 conditions: Moving average and Stochastic, I got 4 valid entry with profit scalping at least 15-20 pips/entry.
I will practice this system more to get deep understand of it.
Well done. Very good strategy. I have practice this for a while and I think RSI should be use as a way to filter bad trades. Because sometime, when I follow the rules but enter at the end of the trend and lose even with 2-3 pips take profit. So can you give me an idea to filter or trade those( this is in London hours)