Hey folks, here is the latest video from ForexSignals covering a...

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    Hey folks, here is the latest video from ForexSignals covering a M5 scaling strategy - interesting to note the similarities and differences to Rick's M5 123 trade approach, showing there's more than one way to skin the cat:

    ForexSignals M5 Scalping Strategy

    While I like Rick's 123 trade setup, I have found it difficult to describe in simple enough terms to code into an EA (primarily because I can't define the parameters around the 123 recisely enough to my satisfaction and coding capability). The rules described in this video are black and white enough that I think I can code it, so as an exercise I'm going to try and code it and I'll share the results here on the forum. I'll provide an update as soon as I've got something ready to test.

    Cheers, Sharks
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.