DislikedWhilst I only have 5-6 months in experience with day trading, looking back on charts BTC seems to climb during December. Revisit of 100K before the new year ?Ignored
2
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DislikedMy setup for extreme short-term scalps in BTCUSD,M1: I trade ZigZag reversals the DancingPhil style. For this I monitor the Donchian Channel Width and wait for moments where channel width makes lows below previous lows. That's essentially a time when volatility shrinks to a minimum below the previous minimum. It means extreme indecision, so once the market decides to continue it usually makes a strong directed move. Depending on the market session this may be a smaller or a larger one. Anything above ~100 points is enough for me. I just wait patiently...Ignored
DislikedMy setup for extreme short-term scalps in BTCUSD,M1: I trade ZigZag reversals the DancingPhil style. For this I monitor the Donchian Channel Width and wait for moments where channel width makes lows below previous lows. That's essentially a time when volatility shrinks to a minimum below the previous minimum. It means extreme indecision, so once the market decides to continue it usually makes a strong directed move. Depending on the market session this may be a smaller or a larger one. Anything above ~100 points is enough for me. I just wait patiently...Ignored
Disliked{quote} 3,use fibo-entry at 0.5 TP is up to you,,TP when happy..hehe {image}Ignored
How to use
Important notes / caveats (be blunt)
Next steps (I won't ask — just give options)
If you want, I’ll now:
Say which of those (if any) and I’ll code it right away and give you the updated EA.
Quick notes and practical tips (no sugar)
DislikedThis is what i see in the 5m..but im not in a position,,just watching and observed the PA {image}Ignored
DislikedHow it implements your logic (straight, no sugar) Each trade uses the same StopLossPips. Those SL pips define “1R”. Two trades have TP = 1 × SL (so each gives +1R if hit). Third trade has TP = 2 × SL (gives +2R if hit). If T1 & T2 hit (+2R) and T3 loses (-1R) you still keep +1R. Position sizing: either fixed lots (FixedLot > 0) or computed so each trade risks RiskPercentPerTrade of account balance. All three orders are market orders opened at the same time (practically same price). How to use Set inputs (RiskPercentPerTrade or FixedLot; StopLossPips;...Ignored
DislikedHello everyone! I just joined this forum and I really like it. Thanks to the forum owner. I wish everyone the best of luck and success. I agree to the forum's terms and conditionsIgnored