Scalping, how stable is such a system?

phoentzs · 2021-07-18T19:40:06+00:00

As a general question to the professionals here … at the moment I am trying harder to use scalping systems in M1 and M5 on DAX and CAC40 … with results around 90% and an average stop loss of less than 1%. It’s basically a simple trend following with fairly simple input signals. Without many filters, but also intraday StopandRevers. With quite good success also in the demo account. Has anyone experience with systems that have a small TP and relatively large SL in terms of stability? How often should such systems be updated? I always create them WF70 / 30, which is about 6 weeks OOS with an M1 system. Seems to work fine. Maybe once a month?

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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

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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