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Jul

27

2010

Extreme Scalping

Published by John in category Under Review | 3 Comments

I said I’d make an update on the scalping method I first detailed here. I have since done some further work on it and added an additional indicator called Laguerre. At first glance, it looks like an indicator overload but I promise they do play a vital role and do their job very well. The method hasn’t changed from the one I posted except for waiting for the laguerre indicator to go to extreme levels as shown by this example:

This method is all about waiting for the absolute prime setup. Do not try and get in early, from what I have seen, you will get burnt. It only provides 2-3 setups a day and the best do seem to occur during the Asian session but it is very accurate.

Maybe a few might find it interesting.

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3 Comments on “Extreme Scalping”

  1. Julie 27th July 2010 10:23 am

    Just had a look at this indicator,looks good,cams also worked well this morning – took 26 pips & got in just before the tufxp trade.

  2. Elaine Wright 27th July 2010 10:24 pm

    Hi John,
    I have set up an MT4 free demo account, however, I am unsure how you apply the camerilla pivot point.

    Could you help please?

    Thanks
    Elaine

  3. John 27th July 2010 11:24 pm

    Hi Elaine,

    Just follow my instructions from previous comment. Here they are again:

    Firstly download the indicator to your desktop. Next step is to copy it, either right click and select copy or press ctrl+c.

    Then go to my computer>c:>program files>name of MT4>experts>indicators.

    Then press ctrl+v or right click and paste.

    Close down MT4 if open and re-open. You’ll now see the indicator in the navigator under custom indicators.

    Hope that helps.



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