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I was setting up a 6E chart with an indicator & playing around the settings..
interestingly i came across a scalping strategy that could make a few ticks... I am not a programmer but if someone modified this indicator to plot arrows when it crosses a certain level it would give visual confirmation.....
I will in a bit get a few pics of the 6e & try to explain it.....
Interestingly it only works for buying not selling..... I will explain when i get the screenshots ready....
It might be a bit cause im baby sitting my 2 yr old girl..... right now she is on my case while im typing...
so heads up...
email me @ [email protected] I will wait for a few requests & email it to you..let me know what platform you use.. so i could attach the ninja indicator as well.... usually I obtain this by looking @ the chart in the morning without any indicators & a few ticks off here & there.. but its better to use a range indicator to obtain better results... I dont wanna share it openly here as it might stop working for the ones that use this method &
'dont want to share it" .... but I like to share the stuff I come across that could be of any use... except for the indicators I use for myself..
use an indicator called bollingerPercentB.... set the Period to 16 & standardDev to 1... Now scroll in the indicator settings & you will see "Lines"... expand + the 50 Line & overwrite it to 40 & line width to 2 for better viewing... now on your chart whenever the bars cross the 40 line after every major dip you could buy on the close of that bar & set your stop loss @ the bottom of the same bar... remember this is for scalping only might get lucky & get a run up... could use other indicators to confirm the move....
Just something basic that I thought could be shared.. Didnt think it needed a screenshot.. cause it was basic stuff.....
Just sent you email.
Also I just tested your BollingerPercentB ind. and to my surprise its awesome. Wish if you could find for Sell side too, as from tomorrow serious selling oppurtunities would dominate the markets.