@vinosbacco, The EMA110 in this strategy is useful for more precise trend identification.
keezimin
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Hi Ad, how to import script to MetaTrader 4. Please help me.
And does this have an arrow signal?
redf0x1
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@keezimin, For MT4, you need to combine many available indicators such as MA, Keltner, it will help you have a full setup as I do.
forestcall
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Thanks this looks fun.
I will adjust this script to match the MES - - Micro e-mini Futures.
Ticks are $1.25 per tick.
Typical scalp in terms of risk is based on fee + number of contracts = profit. I like to make about $10 after fees. I find scalping to be massively less risky than long trades .
I will send you my edits.
This is a very useful script!!!!
Cheers
redf0x1
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@forestcall, Thanks very much.
Sorry for the late reply, if you have any ideas, text me
Regards
forestcall
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@redf0x1, I used your script for MES Micro Futures and had 6 good trades. Since the market has been so unstable this method has not come up as much. I did some replay tests from last year and this worked much more often. Where did you get the original concept or did you design this fully yourself? It would cool to incorporate some volume profile status which might indicate trend direction. But so far pretty cool.
redf0x1
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@forestcall, All the scripts I write are based on our team's real experience.
Hope it helps people to earn more income from this market.