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Old 08-03-2009, 04:17 PM   #1

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Help Required for Developing a Scalping System
Hi guys i am really in need of help by seniors.I have longterm strategies for intraday that work ,i am bored trading them.I want to develop a scalping system for intraday which saclps in 1 minute chart.
Actually most of my systems are breakout models i want seniors to help me and tell if it is possible to develop a scalping system on breakout models on 1 minute Time frame or i need to use indicators for this purpose?
if indicators pls tell me some indicators withwhich i could backtest.
pls guys ur help is required.
For initial stoploss and trailling stop i will use different combination of ATR all i need is a good tool for entry whether it should be breakout model or indicators based pls help guys.
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Old 08-03-2009, 04:29 PM   #2

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Re: Help Required for Developing a Scalping System
Quote:
Originally Posted by rajatheroyal »
....I have longterm strategies for intraday that work ,i am borred trading them.I want to develop a ...


If you can read what I am reading, I would reconsider.
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Old 08-03-2009, 04:34 PM   #3

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Re: Help Required for Developing a Scalping System
yes Tams i only wrote that.Long term intraday strategies do not require any action during the trading day so i wanted to develop shortterm scalping strategies.
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Old 08-03-2009, 04:36 PM   #4

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Re: Help Required for Developing a Scalping System
Quote:
Originally Posted by rajatheroyal »
I have longterm strategies for intraday that work ,i am bored trading them.
Nice for you, are you willing to share them with us, here for all eyes visible?


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Old 08-03-2009, 04:41 PM   #5

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Re: Help Required for Developing a Scalping System
HI theres nothing special about my strategies,they are just tweaks of ORB systems from the ideas of Mark fischer ACD and Tobbycrabel's method.If u read them u will definitely develope better ones than mine.
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Old 08-03-2009, 04:52 PM   #6

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Re: Help Required for Developing a Scalping System
OK, I understand.

Because I don't trade on time intervals anymore,
I would not be of much help anyway.

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Old 08-05-2009, 05:34 PM   #7

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Re: Help Required for Developing a Scalping System
Quote:
Originally Posted by rajatheroyal »
Hi guys i am really in need of help by seniors.I have longterm strategies for intraday that work ,i am bored trading them.I want to develop a scalping system for intraday which saclps in 1 minute chart.
Actually most of my systems are breakout models i want seniors to help me and tell if it is possible to develop a scalping system on breakout models on 1 minute Time frame or i need to use indicators for this purpose?
if indicators pls tell me some indicators withwhich i could backtest.
pls guys ur help is required.
For initial stoploss and trailling stop i will use different combination of ATR all i need is a good tool for entry whether it should be breakout model or indicators based pls help guys.
if you are interested in high frequency scalping code then look no further than a mean reversion system in osc market. Use Spike in $vix as your entry criteria

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