What's the most high probability combination of indicators you've ever witnessed?

For a very small (scalp) gain on ES?

I'm willing to do backtesting and post results on here, so I'm not just asking for a free "holy grail."

 

$TIKI -- here's a chart. This chart is ($TIKI - EMA[$TIKI]) with indicators on it (YM on left).

Try to figure out why this is happening.

 

No clue but I know this isn't ES.

 

It's really tough to be profitable SCALPing because of commissions,
Therefore be really sure to include them into your backtesting.

 

If you still need to rely on an "indicator", you're a noob.

 

And what do you rely on? What timeframe of trader are you?

 

On NinjaTrader ($2.04 commission/ES contract), that's $10.46 of profit for 0.25 point and $22.96 for 0.5 point. So it would require a large account size, but a profit could be made even at those small increments.

 

Just ask yourself, what are these indicators based on? That's right, price. (Duh!)

Everything is based on price, which doesn't lag. Indicators are laggy.

As a scalper, what timeframe do you think I would use? Even better, how long do you think I (or any other typical scalper) would hold a position for? Take a guess.

 

1. At what point before this message did you tell me you are a scalper? What timeframe? I would guess very short and you hold on average for no more than 5 minutes.

Ok, price action.... But indicators can perform calculations much faster than a human. Especially in combination.

 

That $2.04 commish is per side, so double it for completed trades.