MTF Vajioo Scalping System - Page 2
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Thread: MTF Vajioo Scalping System

  1. #11
    Ok here is an example:

    A. 15 min candle closed above preceding 15 min - activate
    B. Now look... 1 minute candle, closed below the low of the previous 15 min candle... therefore we don't enter a trade in this candle 15 min time frame, as we have shattered the low of the previous 15 mins, it could return.
    C. Sorry C should be third arrow - Next 15 min candle creates new high and closes above preceding 15 min candle - activate
    D. 1 minute candle breaks above preceding 1 min low - enter.

  2. #12
    Ok...

    First Arrow
    15 candle closes below previous 15 min candle - activate

    Second Arrow
    1 min candle closes below previous high, looks good... but look what happens.

    So you see I'm not searching for the prefect system... but there are instances when this whipsaws a bit or when the market is ranging - then this system there a losses.

    So it's about W/R ratio, MM, etc.. . But I haven't had too much time to spend on this system, but looks promising, it is a scalping system... but there are some great winners once the market moves.

    Regards,
    Vip

  3. #13
    This is a fast one, I haven't looked at this in detail:

    Initial Arrow - Loss
    Second Arrow - Loss
    Third Arrow - Winner

    As I say - not looking for the holy grail - but trying to minimise losses - I think we've got something great here - but I want some input and aids from other people - not seeking to add too many indiors - want to try and keep it easy.

    Regards,
    Vip

  4. #14
    Hallo all men here....
    Why you aren't using two time frame, side by side.
    Timeframe M15 on the rear, and timeframe M1 on the right?

  5. #15
    You can certainly do that... whatever is acceptable for you.

    Regards,
    Vip

    Quote Originally Posted by ;
    Hallo all guys here....
    Why you're not using two time frame, side by side.
    Timeframe M15 about the left, and timeframe M1 about the right?

  6. #16

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