Scalping, how stable is such a system?
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- This topic has 25 replies, 5 voices, and was last updated 3 years ago by phoentzs.
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07/28/2021 at 8:21 PM #174308
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 #17430907/28/2021 at 9:50 PM #17431007/28/2021 at 9:51 PM #17431107/28/2021 at 10:18 PM #17431207/28/2021 at 10:47 PM #174315As 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 #17431607/30/2021 at 4:54 PM #17439507/30/2021 at 4:59 PM #17439607/30/2021 at 9:21 PM #17440807/30/2021 at 9:42 PM #174409 -
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