How recognize big movement in price

Rod_Sands
01 Sep 2015, 08:49

test for a minimum sized candle on a higher Time frame eg in your example  and bearish H1 or H2

Max951
01 Sep 2015, 10:39

RE:

Rod_Sands said:

test for a minimum sized candle on a higher Time frame eg in your example  and bearish H1 or H2

I think:

1. compare a size of current candle with summary size of previous candles on same timeframe may be...
2. may be measure the rate of change of the price in pips per unit of time...

breakermind
02 Sep 2015, 11:23

Max951 said:

Rod_Sands said:

test for a minimum sized candle on a higher Time frame eg in your example  and bearish H1 or H2

I think:

1. compare a size of current candle with summary size of previous candles on same timeframe may be...
2. may be measure the rate of change of the price in pips per unit of time...

Hi

Look at small MA on ticks but it is waste the time, calgo is to slowly and to big spred.

but better test is candle open above or bellow MA50 on H1 or M5, or set pending orders between 500Pips levels,

set position in long time for example:

on gbpjpy open on 500 Pips levels and set tp 500 Pips (capital 100$ position 0.01(1000) => to 50% in month) or more.

On short period and Tp You LOSE Your capital.

I like open position only on:

Month open price line or week open price line.

IF YOU WANT SCALP ON FOREX or play on short time GO TO FIX  PROTOCOL.

Best...

breakermind
02 Sep 2015, 11:31

RE:

If you want only 50% per year set only position in right direction and wait.

Max951
02 Sep 2015, 17:04

RE:

breakermind said:

Max951 said:

Rod_Sands said:

test for a minimum sized candle on a higher Time frame eg in your example  and bearish H1 or H2

I think:

1. compare a size of current candle with summary size of previous candles on same timeframe may be...
2. may be measure the rate of change of the price in pips per unit of time...

Hi

Look at small MA on ticks but it is waste the time, calgo is to slowly and to big spred.

but better test is candle open above or bellow MA50 on H1 or M5, or set pending orders between 500Pips levels,

set position in long time for example:

on gbpjpy open on 500 Pips levels and set tp 500 Pips (capital 100$ position 0.01(1000) => to 50% in month) or more.

On short period and Tp You LOSE Your capital.

I like open position only on:

Month open price line or week open price line.

IF YOU WANT SCALP ON FOREX or play on short time GO TO FIX  PROTOCOL.

Best...

 

Hi!

Yes, you are right, I want scalp on forex. My target is 10-15 pips in each position. What is "fix protocol"?

breakermind
02 Sep 2015, 20:35

I do not know too much but you can read:

https://www.dukascopy.com/swiss/english/forex/api/fix_api/
https://www.dukascopy.com/fxcomm/fx-article-contest/?Order-Types-And-Its-Management=&action=read&id=578

breakermind
02 Sep 2015, 20:36

RE:

And see on forum and trader contest how much traders earn without scalping :)

breakermind
02 Sep 2015, 20:39

If you scalp broker earns, not you.

Max951
02 Sep 2015, 23:45

RE:

breakermind said:

If you scalp broker earns, not you.

Thank you for advices ;-)

Dou you know that by statistics every day 80-90% of whole traders are suffer losses?

In my manual trading I'm not use scalping.

But I'm try develop bot that use scalping method with my own algorithm

breakermind
03 Sep 2015, 10:55

RE: RE:

Max951 said:

breakermind said:

If you scalp broker earns, not you.

Thank you for advices ;-)

Dou you know that by statistics every day 80-90% of whole traders are suffer losses?

In my manual trading I'm not use scalping.

But I'm try develop bot that use scalping method with my own algorithm

HI,

Only two bots when i write cbots earn:

- pending orders from week start (pending on each 100Pips) whitout stop loss

- and orders on 50 - 100 pips leveles whitout stop loss many small positions (100)

- others lose capital.

I know this from experience (closed several accounts on 0)

if cbot earn too much or work too good:

stops working, maybe calgo or MT4 something breaks down i dont know ;)

Have a nice day: