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Single Indicator Trading - various timeframes - Shorts only

KingOSwing

New member
Hello,

Using a single indicator to trade. Is this possible? Let us follow a few trades to see.

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KingOSwing

New member
Hello

Target was achieved.

Let us look at another possible trade over the next few days

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KingOSwing

New member
USD/JPY scalp reached target.

Working on long trade rules. Possible long scalp on USD/CAD?

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KingOSwing

New member
USD/JPY scalp reached target.

Working on long trade rules. Possible long scalp on USD/CAD?

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Target reached.

The USDCHF trade on daily has overshot by 100 pips against. Still holding with a positive nett result in mind.
 

rvlvvel

Member
Hi
when the new price bar breaks above previous bars high in aa down move,you have long entry-it doesnt work well in small time frames.
As long as new price bar does not rise above previous one or two or three bars highs,you dont have any long trade at all.

All you need for a scalp is an indicator that colors bars that close above previous bar close or previous bar high(better).
 

rvlvvel

Member
hi
All you need is an indicator tool that colors bars green when price closes above previous bar close or previous bar high.
in a downtrend as log as new bar doesnt break above previous bar high,there is no trade long.

sorry this post got posted twice while i was struggling with my net.
 
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