I challenge you to fail with this

[francescgg]

I know this is supposed to be used just on daily, weekly and monthly, but I still tried it on M5 and it works fairly well if you would like to scalp or scalp . I used tradingview. All trades are from now until back approx. 1-2 weeks. No cherry picking. I didnt followed any indiors or pay attention to trend, market structure, price action, news etc. so theres room for advancement. I simply attempted to find valid Type1 setups. GJ, M5 Pips: 195,4 Trades: 14 Winrate: 85,71% Uj, M5 Pips: 188,2 Trades: 21 Winrate: 76,19% GBPNZD, M5 Pips: 236 Trades:...

Hello David, are you still testing this setup on M5? Mind sharing your outcomes? Tnx.

[moktserrat]

Here are the setups per the NY 5 pm close now.

[carleta931]

Thank u

[Srta.navarro__]

Here are the setups per the 5 pm NY Close today. image

Thanks, it's good for you to share this daily with the group!

[moktserrat]

quote Thanks for posting this daily. Couldnt get the scanner to work for me and this does save time... much appreciated.

You're welcome prof8t. Does your broker utilize a prefix or suffix on the currency? If so, you have to add it to the inputs. For example, my broker lists the pairs as EURUSDi. Notice the I at the end. I had to add it to the pairSuffix on the inputs. Only then would the indior list the pairs.

[moktserrat]

Here are the installations per the 5 pm NY Close today.

[Oxrtaaacm7]

Here are the installations for today per the 5 pm NY close. image

Thank you for posting this daily. Couldnt get the scanner to work for me and this does save time... much appreciated.

[francescgg]

quote the matter from me is that how can we determine the S/R amount you've got mention, I which there is an indior or something to determine those vital level

There are a range of indiors that attempt to plot S/R degrees, however, I do not use them. I would rather draw the levels myself.
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So, here's the way I go about them. I focus mainly on the D1 TF for my S/R levels, but occasionally I plot H4 and W1 levels, depending how strong the trend is. I usually change my D1 charts from candlestick online chart. This helps me to find the turning points better. I then place horizontal lines in the tip of these turning points to mark my S/R levels. I try not to pick every turning point but only the ones which resulted in some significant moves. After that, I turn back into candlestick charts and watch PA about those S/R levels.

[xjuannc]

What should be the depart egy for all these setups?? How do we get out in the trade once we are in

[moktserrat]

Here are the installations per the 5 pm NY Close.