The currency strength idea is always of interest to me but I trade the DAX index. Does anyone know of an 'Index Strength' indicator please?

Need4Speed Scalping

Hi again, I trade off the 1m chart for DAX, you need to be sharp to scalp the DAX. I never heard of the MTF stochs that is interesting, I will try to find it in MT4.

Need4Speed Scalping

hi HF, I am using Version three in combination with the MT4 Bands indicator and standard MT4 stocks at 5,3,3 and Williams %R set at 22. When the N4S gives a reversal (eg higher Bear count in a Bull candle) where that same candle has touched or ...

Need4Speed Scalping

Hi High Fivve, Nice to see someone else working with the the DAX, I will take a look at your 55 setting. Can you tell me please which version of EA are you using? Thanks.

Need4Speed Scalping

Hi Khalil, thanks as ever for the N4S excellent EA. Although I have been using version three for weeks now happily on the DAX, I have also just loaded V5 onto a chart so I can compare. I like the logic of V5 over V3 but need to see if it improves ...

Need4Speed Scalping

hi Libbo, 1:1 is the R2R for me, looking for 10 points a trade.

Need4Speed Scalping

Hello Libbo and Khalil, apologies for the delay in my reply, Forex Factory is not updating me each time there is a new post on this thread. Libbo the Bands indicator is standard in all my MT4 broker accounts. You can find it in ...

Need4Speed Scalping

Hi Khalil, Right. In that case for people's information I am using the EA version N4S_03. Very interesting what you say about the breakout and news opportunities, I will watch for these too. I will keep reporting back here how things are going with ...

Need4Speed Scalping

Actually, I believe I am using the original EA version although I did download later versions to compare. Happy to identify which version I am using if someone can tell me how I do that?

Need4Speed Scalping

It has been a few days and I just wanted to update here that I have been very happily using this brilliant tool on the DAX, incorporating it with the Bands MT4 indi as well as an oscillator taking reverse trades when the price hits the outer Band at ...

Need4Speed Scalping

hi Jb38, that's interesting. We should compare notes here. I'm not looking for an automated solution, I manually trade and am happy to carry on doing so, it would be great if it turns out incorporating the Need4speed indi increases profitability. ...

Need4Speed Scalping

if anyone has any recommendations on changes to make to the settings for the DAX please shout them out, happy to test them all!

Need4Speed Scalping

Hi there, regarding DAX, I just used the EA (and now the indi version) exactly as it came out of the box, except with the indi I changed the higher TFs to 5m, 15m, and H1. By the way, with regard to the higher TFs do the tick counts relate to the ...

Need4Speed Scalping

Thanks for all your work on this Khalid, you are an inspiring person with your effort and generosity of sharing. I am continuing to monitor what I can achieve with this trading DAX manually on a 1m TF. I just loaded up the new indicator version so I ...

Need4Speed Scalping

I got three out of three 10 point winners on 1m DAX chart using the safe entries. Stopped now until US Open as 11 to 1430 London time not good for scalping. Will continue to watch those safe entry set-ups throughout the afternoon too, 1430 to 1700.

Need4Speed Scalping

Hi there, Just to say, your system looks extremely interesting to me and I am running your EA on a chart next to my usual chart set-up. Thank you very much for sharing it. I will watch it closely and report back here how it goes. Thanks again.

Need4Speed Scalping