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Here's my scalping technique, I don't like to call it strategy or method. I use 1-minute graphics to search for entries, and a 30-minute tick chart to close, because it gives me the exit before the 1-minute one. (Find your own ticks chart, I'm not going to advertise to anyone.
Do you operate this rainbow scalping in real or demo? I love that art in graphics, but I never quite understand the entries in the thread of linuxtroll or similar. I hope here they clarify more.
What tick chart do you use?
30 ticks... but you could try 40 or even less, like 20... Choose the one that makes you feel more comfortable, this goes for sensations as well.
Look at image #2. Backwards to the moving stockings without crossing the last barrier, at a level where the price converts support into resistance or vice versa.
Perfect, I'm going to try it. But I'll do it in futures, and since it's low temporality, I only operate EUR and GBP. Do you use any more filters or indicators?
All I'm telling you is, if you do scalping, you don't care about the fundamentals, so avoid the news hours. By the way, what simulator do you use?
An additional simulator for Ninjatrader, and a scalping tool with simulated data. I usually don�t operate 30 minutes before or after the news, and in NFP I don�t get close. Do you?
I use WMA between 10 and 240 in 10.What settings do you use in your rainbow?
I use linear WMA from 20 to 160, also in steps of 10, without displacement. Simple and visual.