Scalping, how stable is such a system?

Forums ProRealTime English forum General trading discussions Scalping, how stable is such a system?

Viewing 11 posts - 16 through 26 (of 26 total)
  • #174308

    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.

     

    #174309

    Oh my God, a new explanation of the world…

    #174310

    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.

    #174311

    Think about it !

    #174312

    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.

    #174315

    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.

    #174316

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

    #174395

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

    #174396

    From 17:00 to 17:30

    #174408

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

    #174409

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

Viewing 11 posts - 16 through 26 (of 26 total)

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