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Thread: Scapling System "BUTTERFLY"

  1. #1
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    Default Scapling System "BUTTERFLY"

    This strategy include:

    1) EA ScalperHalper - it's Trading Panel to halp you open Fast ordrs from button and EA will do Trailing Stop automaticly for You. Also it can place Pending orders around current Price near NEWS and make money.
    2) Indicator "BUTTERFLY" based at ZigZag + Fibo Levels to Show you Enter Point for Scalping.

    You can see video how Strategy working :

    This strategy developed for Scalping Traders who do not use EAs and work Manually. Semiautomated strategy means that Indicator will show enters and Trader will open order and EA will support it till the profit from Trailing Stop
    More info and Purchase - there

  2. #2
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    for such trading style, good liquidity of broker (fast execution on trading station , i recommended Tickmill ) is must if we want to catch fast small moves. But if we are expecting that market move will sustain for a bit longer time, liquidity maybe isn't so important. Everything depend on setup of such "strategy". before start and pick up your desired trading style, better consider how much it cost, what benefit and what the risk. spread mean you transaction cost, which means spread does matter with any trading system, especially scalping.

  3. #3
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    Quote Originally Posted by ebi View Post
    for such trading style, good liquidity of broker (fast execution on trading station , i recommended Tickmill ) is must if we want to catch fast small moves. But if we are expecting that market move will sustain for a bit longer time, liquidity maybe isn't so important. Everything depend on setup of such "strategy". before start and pick up your desired trading style, better consider how much it cost, what benefit and what the risk. spread mean you transaction cost, which means spread does matter with any trading system, especially scalping.
    what scalping method do you use, and how it's outcome ? I start study price action method, and aim for 10-30 pips result for each entry trade, can this one consider as scalping method. many member post write low spread is a must for scalping, which means if I keep with my price action strategy no such bother to use any brokerage service, including Tickmill, so what the difference. well, I dont have put any much attention with spread cost, while I dont need to scalp anyway. "spread does matter with any trading system" for 2-3 pips spread I'll able to use any trading system without worry for such small fee called spread.

  4. #4
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    Quote Originally Posted by veljia View Post
    what scalping method do you use, and how it's outcome ? I start study price action method, and aim for 10-30 pips result for each entry trade, can this one consider as scalping method. many member post write low spread is a must for scalping, which means if I keep with my price action strategy no such bother to use any brokerage service, including Tickmill, so what the difference. well, I dont have put any much attention with spread cost, while I dont need to scalp anyway. "spread does matter with any trading system" for 2-3 pips spread I'll able to use any trading system without worry for such small fee called spread.
    any small pips target entry system may consider as scalping. reason why most trader suggest low spread account while scalping is due scalping behaviour, sometimes it goes overtrade and made 100++ trade per month. ECN account type would be held more advantage, not just from low spread but also entry execution process, I already with tickmill eversince they still as Armada Markets, EURUSD star 0 pips, at average spread i've got 0.3 pips, compare to 2-3 pips which you said as small fee, you need to multiply those spread with 100++ monthly trade, and you should worries by then, how your 100 trade, 3 pips spread,monthly cost from spread 300 pips, imagine when you use 1 lot size for each trade, did I get your attention by now ?

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