A holy grail scalping strategy

VSTscalper said:
Nice to hear you are Scalping - and successful. I believe I said it in my old thread - I learned Real Scalping when I was very young - from both my American Indian - BrotherInLaws - back in Montana - so I had training from the Pros - LOL.

Seriously though - I have made more money Scalping - than I ever did Trend trading. I mostly Scalp - but depending on what I see on the chart - I may do a Scalp Trend combination.

Just took this snapshot a few minutes ago - one of my Scalping Algos. Most of my Scalps - last 10 to 40 seconds. Easy and very relaxing.

By the way Mark - if you want to talk sometime - we can Zoom. Not sure what Software you are using now - I am using MultiCharts - so if you still are using MultiCharts - maybe I can help some. Just send me a Private message.

Have a great day.
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Hello VSTscalper,

Show back test for +1 years, I would like to see it.

Why you not run these algo live with real money man? You seem to have a golden edge, you might as well get rich fast as you can. Even if its on MES.
 
VSTscalper said:
Nice to hear you are Scalping - and successful. I believe I said it in my old thread - I learned Real Scalping when I was very young - from both my American Indian - BrotherInLaws - back in Montana - so I had training from the Pros - LOL.

Seriously though - I have made more money Scalping - than I ever did Trend trading. I mostly Scalp - but depending on what I see on the chart - I may do a Scalp Trend combination.

Just took this snapshot a few minutes ago - one of my Scalping Algos. Most of my Scalps - last 10 to 40 seconds. Easy and very relaxing.

By the way Mark - if you want to talk sometime - we can Zoom. Not sure what Software you are using now - I am using MultiCharts - so if you still are using MultiCharts - maybe I can help some. Just send me a Private message.

Have a great day.
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What type of chart is that? The time difference between each bar is like 1 hour apart! How do you scalp using that??
 
I see an opportunity to trade EURCAD based on the correlation among the three pairs namely EURCAD, GBPCAD and EURGBP
Only if price falls to around 1.4457 in the present hour
sl 1.44443 of course our analyses will differ
Contrary views are welcome
upload_2023-10-6_12-12-46.png
 
Forexer Guru said:
I see an opportunity to trade EURCAD based on the correlation among the three pairs namely EURCAD, GBPCAD and EURGBP
Only if price falls to around 1.4457 in the present hour
sl 1.44443 of course our analyses will differ
Contrary views are welcome
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You stretched the Y-axis far too much.
Compress the Y-axis until the candlesticks are very short.

Over the past few hours,
the whole market (except copper and crude oil)
is not moving.
Everyone is waiting for the coming NFEC news.

So you have to sit on your hands until the NFEC news.
 
also, my holding time is usually 2 hours. In such trade patterns, it becomes less than 2 hours because the trade opens only when the price falls to a given level
Study price correlation is key to understanding my strategy. I believe we will have better examples in the weeks ahead
 
I get your point
My analysis is from Wednesday, October 4, 2023. What happens to the three pairs over the past two of three days is what I consider important.
I would like to point out that EURCAD does not give me the best pattern at the moment.
To earn at least 15 pips, we have to wait for price to fall to 1.4457 from 1.4468 as you have pointed. With sl at 1.44443, I will be risking around 15 pips.
Now price has to fall (retrace) in the present hour and must not go beyond 1.4468 before hiting that level. If it goes beyond 1.4468 in this hour or fails to hit 1.4457 (still in the present hour) I have missed the opportunity to scalp EURCAD
 
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