this actually works.. i'm impressed.. only 1 day of data but I am up big with this method.. its deffinitly not going to make you a crazy amount of money.. but definitely capable of 2% gains a day
There is an EA I found which is great with this- it is called "close all on time" it will close all trades at a time specified by you, so, all you do is enter when the setup says so, &, 30 mins later, it closes it for you.
Actually the Forex market is a scam and nobody can make consistent money at it, sorry for the bad news. The good news is I've found the perfect way to trade and make money, and that's Oil. Come see for yourself at my website within my profile.
Different traders shine in different asset classes.
FX is terrible on retail level, especially if you trade with bucket shops. What's bad about FX is that you don't know how much you'll be charged. With rollovers, you pay spread more than once.
Better way to trade FX is through futures. 6E, 6C, etc. You know exactly how much your commission will be.
I trade stocks, but consider FX action very important confirmation/rejection at times for larger trades.
@OilTradingAcademy The oil/crude market moves exactly the same as forex... Anytime you have a liquid market, there's opportunity to make money. Making such a sweeping statement does nothing to build credibility.
First thanks for the great EA, it does produce a profit although I never dared place it on a live acct. after a few scares I got with other EAs which put me off.
Now, the slingshot is interesting as a price-driven strategy BUT you mention only once (in passing) that the entry bar has to break the LOW of the setup bar (for a long entry). This is KEY and I think you should have emphasized it a lot more. Thanks for the strategy, I'll try it out.
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
There is software im using to send atleast 20,000 text message a day advertising my online business...it is amazing. I think they have a free demo to try as well autotextsender.(c0m) God Bless!
THIS WORKS! Its amazing.. THANK YOU SO MUCH DUDE!!!!!!
This video mentions four currency pairs that can be traded and also recommends the 30 minute bar chart/yet in the pdf manual/ it is mentioned to use the i hr chart Eur/USD only. I tried to use the robot on the four suggested pairs yet i received a warning on the robot that only the EUR?USD was allowed with the Robot. Please explain. Does the robot need to be upgraded to a new version? Thanks so much for a great program- i can't wait to try it out
This system has nothing to do with the Forex Auto Scalper robot. The robot traders another strategy. I just designed the slingshot 30m system to teach traders a method I like trading manually. Thanks:-)
yES Thank You- I realized how stupid the question was once I posted it. However, since this strategy does follow certain triggers from each bar, is it possible to program this into an EA program? It seems like this might be one of the best strategies I have seen in a very long time
by how many pips must the high/low be broken by, to be a valid break ? do you look at the 1 min tf to confirm this break, as it will be difficult to see on 30 min.
when entering trade, do you enter a set number of pips after the close of previous candle has passed ? i.e. is there a buffer ?
do you take spreads into account when entering a TRADE AND WHEN SETTING TP AND SL ?
Awesome! I've already applied your strategy! It works! 3 trades in plus.
Today I also used your Forex Auto Scalper EA on my fxpro demo account. ALL trades were profitable (besides one, but there was a disconnection for half an hour and I didn't notice that, so I closed it)!
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stripthatfatweightlo 4 months ago
Hi everyone...for the setup bar, different between hi and lo at least 15pip or 50pip?
aizuddin247 1 year ago
Nice, I got free SCALPING indicator if anybody looking for. 273 out of 300 winds
freeSCALPINGindicato 1 year ago
this actually works.. i'm impressed.. only 1 day of data but I am up big with this method.. its deffinitly not going to make you a crazy amount of money.. but definitely capable of 2% gains a day
newyear498 1 year ago
Thank you very much for great video.
There is profitable and absolutely free forex robot.
I like it.Works fine for me.
FreeFOREXautoROBOT 1 year ago
There is an EA I found which is great with this- it is called "close all on time" it will close all trades at a time specified by you, so, all you do is enter when the setup says so, &, 30 mins later, it closes it for you.
Bazzawombat 1 year ago
Actually the Forex market is a scam and nobody can make consistent money at it, sorry for the bad news. The good news is I've found the perfect way to trade and make money, and that's Oil. Come see for yourself at my website within my profile.
David
OilTradingAcademy 2 years ago
Different traders shine in different asset classes.
FX is terrible on retail level, especially if you trade with bucket shops. What's bad about FX is that you don't know how much you'll be charged. With rollovers, you pay spread more than once.
Better way to trade FX is through futures. 6E, 6C, etc. You know exactly how much your commission will be.
I trade stocks, but consider FX action very important confirmation/rejection at times for larger trades.
omitsura 2 years ago
@OilTradingAcademy The oil/crude market moves exactly the same as forex... Anytime you have a liquid market, there's opportunity to make money. Making such a sweeping statement does nothing to build credibility.
danbuffington75 3 months ago
Awesome free trading tool for scalpers and swing traders! Get FX Multi-Meter at the mql4 codebase.
josharent 2 years ago
Very interesting
636555530 2 years ago
You will eventually loose if you trade this method!
mozyCLS 2 years ago
Hi Alexander,
First thanks for the great EA, it does produce a profit although I never dared place it on a live acct. after a few scares I got with other EAs which put me off.
Now, the slingshot is interesting as a price-driven strategy BUT you mention only once (in passing) that the entry bar has to break the LOW of the setup bar (for a long entry). This is KEY and I think you should have emphasized it a lot more. Thanks for the strategy, I'll try it out.
rogertrad 2 years ago
Hello martin
Please can you tell me for a long set up is the set up bar need to be a black candle and for a short set up the set up bar need to be a long candle?
Also i am trying to back test this action using a indicator. Do you have any ready?
navin74uk 2 years ago
Tried your system this week, made 17 trades and only lost on 3 of them. Your system is very easy to use. Thank you for sharing this.
msd1692 3 years ago
This has been flagged as spam show
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
There is software im using to send atleast 20,000 text message a day advertising my online business...it is amazing. I think they have a free demo to try as well autotextsender.(c0m) God Bless!
THIS WORKS! Its amazing.. THANK YOU SO MUCH DUDE!!!!!!
Luatherder 3 years ago
Martin, do you use a floating.... stop loss? keeping your profit margin.
platprod1 3 years ago
Comment removed
loke4300 3 years ago
does it also work with the eminis?
mozyCLS 2 years ago
TY for sharing...awesome
RetteTen4 3 years ago
I'm also having the same issue as surproster is having, please let us know what mathod should we use?
Asifk7 3 years ago
Martin i am confused by a few issues:
This video mentions four currency pairs that can be traded and also recommends the 30 minute bar chart/yet in the pdf manual/ it is mentioned to use the i hr chart Eur/USD only. I tried to use the robot on the four suggested pairs yet i received a warning on the robot that only the EUR?USD was allowed with the Robot. Please explain. Does the robot need to be upgraded to a new version? Thanks so much for a great program- i can't wait to try it out
surproster 3 years ago
Hi,
This system has nothing to do with the Forex Auto Scalper robot. The robot traders another strategy. I just designed the slingshot 30m system to teach traders a method I like trading manually. Thanks:-)
ForexAutoScalper 3 years ago
yES Thank You- I realized how stupid the question was once I posted it. However, since this strategy does follow certain triggers from each bar, is it possible to program this into an EA program? It seems like this might be one of the best strategies I have seen in a very long time
surproster 3 years ago
Hi,
Yes, I might code it as time allows me. Will inform all my subscribers regarding any progress.
ForexAutoScalper 3 years ago
@ForexAutoScalper
martin
some questions:
by how many pips must the high/low be broken by, to be a valid break ? do you look at the 1 min tf to confirm this break, as it will be difficult to see on 30 min.
when entering trade, do you enter a set number of pips after the close of previous candle has passed ? i.e. is there a buffer ?
do you take spreads into account when entering a TRADE AND WHEN SETTING TP AND SL ?
are you making profit every week with this ?
SuperstarTheMasked 10 months ago
@ForexAutoScalper
also, i have noticed, in a trending market these setups will never occur because the markert will not reverse back to closing price.
also, what do you do if the STOP LOSS IS TOO CLOSE TO THE ENTRY PRICE ? WHAT DO YOU DO THEN ?
SuperstarTheMasked 10 months ago
Awesome! I've already applied your strategy! It works! 3 trades in plus.
Today I also used your Forex Auto Scalper EA on my fxpro demo account. ALL trades were profitable (besides one, but there was a disconnection for half an hour and I didn't notice that, so I closed it)!
THANK YOU VERY MUCH, Martin. You're the best.
Keep on doing your GREAT work!
krakow39 3 years ago
fuck this
this is a fake email
Geilheid 2 years ago
Killer tip...I can't wait to check out your site.
kenthephotoman 3 years ago