Scalping, how stable is such a system?

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  • 07/28/2021 at 8:21 PM #174308 quote
    Zigo
    Participant
    Master

    Why talking about 1 M and 5 M  as scalping TF ‘s?

    The basic of time is the second 1 S (indivisible or we speak of fractions of a second). The basic of time is not 1 M. Because 1 M is 60 seconds and 5 M is 300 seconds .

    If 1 minute is 60 seconds its divisible by 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30 and 60. That’s why I think 1 M TF work less then f.i. 144 S (144 > 2 M and < 3 M)

    Why 144 seconds, there are 12 dividers for 60, 12² = 144 (144 is a Fibonacci number)

    144 S = 12² S and 144 *5 =(exact) 12 Minutes and 144* 5² = (exact) 1 hour and  144*5³ = (exact) 5 hours

    144 is a Fibonacci  number and there is no other Fibonacci number that give the same result.

    07/28/2021 at 9:05 PM #174309 quote
    XORANDNOT
    Participant
    Senior

    Oh my God, a new explanation of the world…

    07/28/2021 at 9:50 PM #174310 quote
    phoentzs
    Participant
    Master

    I just don’t understand what that has to do with the topic … unless you can explain how to process this theoretical advantage of the Fibonacci in a system.

    07/28/2021 at 9:51 PM #174311 quote
    Zigo
    Participant
    Master

    Think about it !

    07/28/2021 at 10:18 PM #174312 quote
    phoentzs
    Participant
    Master

    Give me a tip. I don’t use Fibonacci as a time frame in my indicators. For example, if I use an EMA5 in the M1, that’s an EMA25 in the M5 in the MTF … not an EMA21 or something.

    07/28/2021 at 10:47 PM #174315 quote
    XORANDNOT
    Participant
    Senior

    As a tip for all numerologists : try out the DAX 25 minutes chart. Usually, it gives better results (in backtests) than 15, 20, 30 or 60 minutes. If you don’t believe it, try a simple Renko system in all of these timeframes and see which one has the best results : it is 25 minutes. Probably, because many full and half hours (9:00, 15:30) are avoided, when major markets open or close.

    07/28/2021 at 11:02 PM #174316 quote
    phoentzs
    Participant
    Master

    I haven’t even looked at it from that point of view.

    07/30/2021 at 4:54 PM #174395 quote
    Zigo
    Participant
    Master

    Scalped on a 11 sec TF. It’s possible.

    07/30/2021 at 4:59 PM #174396 quote
    Zigo
    Participant
    Master

    From 17:00 to 17:30

    scalpen.png scalpen.png
    07/30/2021 at 9:21 PM #174408 quote
    XORANDNOT
    Participant
    Senior

    In hindsight, everything seems possible. On an 11, 144 or 666 second timescale…

    07/30/2021 at 9:42 PM #174409 quote
    phoentzs
    Participant
    Master

    I would have liked to see a backtest with the WF70 / 30.

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Scalping, how stable is such a system?


General Trading: Market Analysis & Manual Trading

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phoentzs @phoentzs Participant
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This topic contains 25 replies,
has 5 voices, and was last updated by phoentzs
4 years, 6 months ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 07/18/2021
Status: Active
Attachments: 1 files
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