hey xaphod
still working on the ea?
still working on the ea?
Poshcom
Scalp, scalp, scalp 5,623 replies
Dashlat Scalp System 364 replies
To scalp or not to scalp? (Images included) 18 replies
Scalp-hello Trading System - italians understand the name :) 2 replies
DislikedA little bit "off-topic", does anyone knows about a reliable EA where you drag and drop lines on your charts and automatically place my pending orders, stoploss and take profit, and of course, make all my lot size calculations based on a % of my equity???
That would be awesome!Ignored
DislikedNot really. The EA can currently be set to trade according to the rules set in the first post and the results are not encouraging. Many trading systems cannot be made mechanical as there is too much left to the traders discretion. So while this method may work well manually, preliminary results of the EA seem to indicate that there are some undefined rules which may be difficult to include in the EA.Ignored
DislikedHi,
I like your system but i dont know anything about it if you trade it can you tell:
Whats the averager reward/risk ratio for trades you takie ? ( i assume 1:1 )
Whats the win/loss percentage ?
How many trades per day, per week ?
How many losses in a row do you have ?
Whats the weekly percentage you can make on your system ?
If you answer these questions and post your result it will save month of testing this technique - thank you.Ignored
DislikedIgnored
DislikedThis system has been profitable for me this week. i have been averaging 6% per day with it. It has to really fit your style though. You have to be ready to lose a lot of trades and be able to handle a few losses in a row.
The script that I mentioned earlier is a HUGE help in placing these orders. It places the orders with horizontal lines and also calculates your lot size based on percent, both of the things you really need for this to work.Ignored
Disliked002097:
I was wondering if you could go through this chart and explain why you take which signals. It seems it's more than just not taking a second signal til target or stop is hit.
Thought if you went through it, it would clear it up for everyone.
Green bars are those < 15 pip range with HH & HL
Red bars are those < 15 pip range with LH & LLIgnored