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@  ivanencinas : (21 November 2019 - 04:12 AM) hello guys
@  walo : (20 November 2019 - 01:59 PM) I see volumes are really low market is moving slow
@  walo : (20 November 2019 - 01:58 PM) The site keeps blinking reloading and reloading, even in any Chrome or Safari is the same
@  Abdul777 : (20 November 2019 - 02:24 AM) I absolutely agree with Mr Singh! Here the message will get lost and most of the users won't even see such ooportunity. :)
@  Singh : (19 November 2019 - 02:59 PM) and Hello everyone
@  Singh : (19 November 2019 - 02:59 PM) @singu Why not post it in a thread so all can benefit, cant understand the purpose of PM.
@  singu : (19 November 2019 - 09:12 AM) Hi guys..i'm giving away my strategies. PM me if interested. i'm NOT asking for money.
@  traderpusa : (17 November 2019 - 03:10 AM) Ned has arisen from the death lol
@  neddihrehat : (16 November 2019 - 11:16 PM) Yeah people sometimes mistakes Shout for Search. :P
@  teknews : (14 November 2019 - 03:24 PM) ups...is not search :) haha :)
@  teknews : (14 November 2019 - 03:24 PM) pt pro_fx
@  kalc : (13 November 2019 - 01:34 PM) :) :) :)
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@  nkotb6 : (13 November 2019 - 01:57 AM) :lol:
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@  kalc : (12 November 2019 - 05:52 AM) :ph34r:
@  kalc : (12 November 2019 - 05:52 AM) top right fellas, top right...
@  lecharn : (11 November 2019 - 08:14 PM) hubba hubba
@  traceydexmon : (09 November 2019 - 02:27 PM) second

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T&A Spot Scalping - It works damn good !!


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101 replies to this topic

#1 Singh

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Posted 27 August 2015 - 09:53 PM

*
POPULAR

Okay fellas I am going to share a very very very secret strategy with you guys, Please dont make brokers bankrupt lmaooo

 

I am joking its just another strategy which will fade away in BOE but I have been working on it for quite a while now and I think its ready now.You can watch and move on or try it and maybe you will be glad u did LOL!

 

Anyways this strategy is for spot and nadex binaries only.It can be used for regular bins too but thats another day.

 

Here it goes -

 

Indicator Used -

 

Tenkan-Sen,we can call it TK ( A part of ichimoku),Setting : 7 periods.

 

ADX - Standard setting of 14 with a 20 level.

 

Stop Loss : 15pips

 

Take Profit : 20pips

 

Time to trade : London open to Londong close

 

Pairs: It can be used on any pair but I prefer EUR/USD and GBP/USD.

 

Time Frame - 5m ( can be used with any tf but SL and TP will different)

 

 

Buy Rules :

 

1 . Candle needs to cross Tenkan and close above the Tenkan.

2.  Positive DMI of ADX needs to be CLEARLY above the 20 level.

 

 

Sell Rules : 

 

1. Candle needs to corss Tenkan and close below the Tenkan.

2. Negative DMI of ADX needs to be CLEARLY above the 20 level.

 

 

 

THATS ALL!! NICE AND EASY LOL

 

As I said earlier I didnt forward test it but did extensive back testing and results were great. Below are the trades done by the book for this whole week since Monday to Thursday between 6am to 12pm( thats a realistic time for me to be able to trade so I wouldn't look at other times, you should do the same test it as per times you will be able to trade)

 

9dd967f976cdb9f059724cb68990f975.png

 

 

14823d354bbb78b1fb230f1a2023ba93.png

 

 

47e8834110a3e2275570588f22f0067c.png

 

 

e0799a2c76983437d32bf105fb247984.png

 

 

Thats 250 pips in 4 days which translates to $2500 if traded 1 lot, from there you can just imagine things lol

 

 

Just give it a try and thanks me later.

 

Regards

 

Singh


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"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#2 profitman

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Posted 27 August 2015 - 10:00 PM

Ive been testing this system also as Singh and I were discussing it and I must say, WOW! Simple is always the best. K.I.S.S. traders.



#3 boederzeng

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Posted 27 August 2015 - 11:15 PM

Gonna look in to it, thanks for sharing Singh, very generous.



#4 MaxZen

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Posted 28 August 2015 - 12:18 AM

This looks very interesting Singh - thanks!

 

I just tried TDI on the chart also and that gives another (similar) clear entry signal to compliment the TK. No need for levels either so perhaps it opens up to more trades.



#5 jigadijac

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Posted 28 August 2015 - 05:16 AM

hi singh, works on all time frames? wanna try this on bins ;)



#6 Morne

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Posted 28 August 2015 - 05:39 AM

I've created a simple Forex ea based on requirements mention above 

 

tp : 20pips

sl : 15pips

 

http://www.filedropper.com/tk-v1_2

 

let me know if you pickup any errors


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#7 jigadijac

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Posted 28 August 2015 - 05:59 AM

tried in bins 1 min tf.. so far its 5-1.. 

Attached Files


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#8 mattr

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Posted 28 August 2015 - 06:41 AM

thanks singh! and morne for the EA!

 

I'll try morne's EA on my demo spot account with EU and GU



#9 mattr

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Posted 28 August 2015 - 08:47 AM

hey morne,

 

I guess the EA still has some bugs. take a look at the following screenshot, the entries seem off as on the 2nd trade it sold EU altho there was a cross upwards of the tenkan:

 

https://gyazo.com/ec...710088e5901d7e7

 

maybe Singh can elaborate and help you with the proper entries. when everything works correctly I can forward test this 24/7 on a VPS I have running


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#10 Singh

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Posted 28 August 2015 - 11:08 AM

there were 8 trades so far today out of which 7 were winner so net profit would be of 145pips!!

 

b911292d80d9bc1cf85b5ed20f83164a.png

 

 

Couple of additional tips

 

1. Dont take a mix signal for example when both DMI's of adx are above the level then try to avoid it.If the other dmi is clearly below the level 20 its better.

 

2. Always watch the S/R areas and 15m chart as well.IF a 15 chart is in uptrend and u get a sell signal on 5m it could be risky. Price usually tends to come back to tenkan when it goes too far, so imagine on 15m chart a huge candle happend and then it made a move back to tenkan - that would be price is correcting its exhaustion.From there price can go again up and while it made a correction on 15m chart you might get a signal on 5m chart which could be a good signal but not so good that it will go 20pips in your favour.Another example would be lets say price moved too far from tenkan on 15m chart and u got a signal on 5m well it could be a weak signal as price tends to correct itself on 15m chart.So , a). if price moved too far on 15m chart and a signal there on 5m chart could be risky. B) price made a correction on 15 chart and u got a signal on 5m to go against the trend of 15m chart could be weak signal as well.

 

 

Lets try to explain it on chart

 

270a3c0767c76d189e0ea5b40ba49b6f.png

 

 

 

All I am trying to say is that if you follow the simple two rules you will still come up as a winner but if you could use some extra filter like these u might become a better winner. LOL

 

 

Regards

 

Singh


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"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#11 Singh

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Posted 28 August 2015 - 11:19 AM

Oh btw if anyone have an alert for price crossing tenkan ? Aler should pop up as soon as price touches the tenkan not after the close of the canlde... Thanks for the help in advance.

 

 

and thanx Morne for the EA., those who wants to follow simpe two rules as per first post could use EA but to use latest filters no EA could be used.Thanks tho

 

 

Regards

 

Singh


"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#12 antoni

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Posted 28 August 2015 - 11:23 AM

Great topic Singh

 

I add chikou span for filtering bad signals

 

Regards



#13 Singh

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Posted 28 August 2015 - 11:33 AM

Great topic Singh

 

I add chikou span for filtering bad signals

 

Regards

 

Yep chikou could be a great filter as well, if its clear of the price barrier and is on the right side on tenkan then trade will have more power to it.Great Idea!!

 

Regards


"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#14 antoni

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Posted 28 August 2015 - 11:35 AM

exactly :) but orginal period 26 



#15 Singh

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Posted 28 August 2015 - 11:38 AM

Here is a demo trade I just did , now if u notice the resistance area its facing on 5m and distance between price and tenkan on 15m that should hint you to close the trade with some good profit and not to wait to hit 20pips. It went down 9 pips on that 5m candle and I would close it there with $90 because of tenkan being too far on both 5m and 15m charts , you have to play smart like that.

 

fa0bafe9b23c799c5aeccf58946f9ac1.png

 

Regards

 

Singh


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"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#16 antoni

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Posted 28 August 2015 - 11:38 AM

i think it can be e grat system for forex not fo binary (buy the way I think that I will not be played on BO too many nerves forex not nervous :) :)



#17 Singh

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Posted 28 August 2015 - 11:42 AM

i think it can be e grat system for forex not fo binary (buy the way I think that I will not be played on BO too many nerves forex not nervous :) :)

 

Well we are here to make money , be it BO or Spot - I will do whatever makes easy and better money and after being involved in bins for so lond I can tell bins are tough and so is spot but spot have dvantage of not being bound by time over bins.This is defo for spot or it will be succesfull on Nadex binaries  where u have the power to close ur trades as spot.

 

 

Regards

 

Singh


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"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#18 MaxZen

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Posted 28 August 2015 - 11:42 AM

there were 8 trades so far today out of which 7 were winner so net profit would be of 145pips!!

 

b911292d80d9bc1cf85b5ed20f83164a.png

 

 

 

The 10:55 loss trade would have been filtered out using TDI because green was  above red :)

 

ec1e81a551ae1a930de1ceb6feaaa045.png



#19 Singh

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Posted 28 August 2015 - 11:44 AM

I hear you maxzen , could you post TDI indi, I will test it along with chikou addition.

 

 

Regards

 

Singh


"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#20 MaxZen

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Posted 28 August 2015 - 11:48 AM

I hear you maxzen , could you post TDI indi, I will test it along with chikou addition.

 

 

Regards

 

Singh

https://www.dropbox.... Green.ex4?dl=0

https://www.dropbox.... Green.mq4?dl=0

https://www.dropbox....ouncer.ex4?dl=0

https://www.dropbox....ouncer.mq4?dl=0


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