Scalping EA based on Moving Averages | Forex Factory

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Scalping EA based on Moving Averages

  • #1
  • First Post: Oct 25, 2017 7:37pm Oct 25, 2017 7:37pm
I have taken ideas from the thread with highest subscribers on forex factory
https://www.forexfactory.com/showthr...6#post10427456
I have made an EA out of the setups the guys post. I currently have coded 28 setups scalps.
You are able to choose which setups you want by clicking true or false.
You then can determine the the setups you want and the do a back test.
i have included templates of the moving averages
Attached File(s)
File Type: tpl REV_M1.tpl   46 KB | 937 downloads
File Type: tpl REV_M5.tpl   89 KB | 796 downloads
File Type: tpl REV_M15.tpl   112 KB | 815 downloads
File Type: ex4 Scalp_v1a.ex4   264 KB | 1,283 downloads
File Type: mq4 Scalp_v1a.mq4   482 KB | 1,437 downloads
  • #2
  • Oct 25, 2017 7:37pm Oct 25, 2017 7:37pm
put in indicator folder
Attached File(s)
File Type: ex4 Sixths_As_Bands.ex4   12 KB | 639 downloads
File Type: mq4 Sixths_As_Bands.mq4   4 KB | 708 downloads
File Type: ex4 Sixths_As_Bands_Modded.ex4   12 KB | 599 downloads
File Type: mq4 Sixths_As_Bands_Modded.mq4   9 KB | 681 downloads
File Type: ex4 Sixths_As_Bands_Modded_1b.ex4   15 KB | 616 downloads
File Type: mq4 Sixths_As_Bands_Modded_1b.mq4   10 KB | 738 downloads
  • #3
  • Oct 25, 2017 7:38pm Oct 25, 2017 7:38pm
place in indicator folder
Attached File(s)
File Type: ex4 Sixths_As_Bands_Modded_1f.ex4   15 KB | 592 downloads
File Type: mq4 Sixths_As_Bands_Modded_1f.mq4   10 KB | 668 downloads
File Type: ex4 Sixths_As_Bands_Modded_c.ex4   12 KB | 550 downloads
File Type: mq4 Sixths_As_Bands_Modded_c.mq4   9 KB | 637 downloads
File Type: ex4 Sixths_As_Bands_Modded_d.ex4   12 KB | 595 downloads
File Type: mq4 Sixths_As_Bands_Modded_d.mq4   9 KB | 627 downloads
File Type: ex4 Sixths_As_Bands_Modded_e.ex4   12 KB | 591 downloads
File Type: mq4 Sixths_As_Bands_Modded_e.mq4   9 KB | 671 downloads
  • #4
  • Oct 26, 2017 12:25am Oct 26, 2017 12:25am
Quoting candyman752
I have taken ideas from the thread with highest subscribers on forex factory https://www.forexfactory.com/showthr...6#post10427456 I have made an EA out of the setups the guys post. I currently have coded 28 setups scalps. You are able to choose which setups you want by clicking true or false. You then can determine the the setups you want and the do a back test. i have included templates of the moving averages {file} {file} {file} {file} {file}
Thanks for putting this together. how are you finding it in your own trading?
EX BBMA trader focusing on REE code.
  • #5
  • Oct 26, 2017 4:27pm Oct 26, 2017 4:27pm
As the guys on the above mentioned thread keep posting new setup i will be updating the EA with those setups. We are currently at 42 scalp setups.
Note the settings I have on the EA is TP10 pips SL20 pips Break Even 5 pips Jump stop loss 3 pips
Attached File(s)
File Type: ex4 Scalp_v1c.ex4   280 KB | 650 downloads
File Type: mq4 Scalp_v1c.mq4   512 KB | 947 downloads
  • #6
  • Oct 26, 2017 4:28pm Oct 26, 2017 4:28pm
Quoting Simontw
{quote} Thanks for putting this together. how are you finding it in your own trading?
its early days my friend. I am testing it on EURUSD GBPUSD and USDJPY. tiday small tiny profit
  • #7
  • Oct 26, 2017 4:30pm Oct 26, 2017 4:30pm
Also if you guys find a setup that the EA never picked post chart image in thread and i will code it aand back test it
  • #8
  • Oct 27, 2017 7:17am Oct 27, 2017 7:17am
More scalping setups added . We now at 44 setups
Attached File(s)
File Type: ex4 Scalp_v1d.ex4   297 KB | 829 downloads
File Type: mq4 Scalp_v1d.mq4   540 KB | 1,534 downloads
  • #9
  • Nov 1, 2017 5:46am Nov 1, 2017 5:46am
Downloading it all now and will put it on a demo. Will report back my findings. great work.
EX BBMA trader focusing on REE code.
  • #10
  • Nov 1, 2017 8:12am Nov 1, 2017 8:12am
I set the EA up on multiple pairs and so far it looks really promising.

Please see attached picture of trades.
Attached Image (click to enlarge)
Click to Enlarge Name: SCALPER 1NOV.PNG Size: 48 KB
EX BBMA trader focusing on REE code.
  • #11
  • Nov 1, 2017 1:36pm Nov 1, 2017 1:36pm
Quoting Simontw
I set the EA up on multiple pairs and so far it looks really promising. Please see attached picture of trades. {image}
which version was you using?
  • #12
  • Edited 5:12am Nov 2, 2017 1:41am | Edited 5:12am
Backtesting now. So far, looking good.

But I'm getting a lot of error message like:


2017.11.01 23:38:55.354 2017.05.18 23:30:01 Scalp_v1d EURUSD,M5: OrderSend error 4107
2017.11.01 23:39:13.851 2017.05.19 01:21:15 Scalp_v1d EURUSD,M5: EURUSD Scalp_v1d OP_BUYSTOP order send failed with error(4107): invalid price parameter for trade function

do you know why those error keeps popping up?

Also, wanted to test live on Demo but it's disabled. how to enable it?
  • #13
  • Nov 2, 2017 6:19am Nov 2, 2017 6:19am
Quoting knullasomfan
{quote} which version was you using?
I was using this one...Scalp_v1d.mq4

But the losses started as the night went on so though there was a steady stream of wins for every 3-4 wins of 0.30 there was a bigger loss of 1.50-2.00. I will test just one of its scalp trades at a time to see what works better.
EX BBMA trader focusing on REE code.
  • #14
  • Nov 5, 2017 12:10am Nov 5, 2017 12:10am
Quoting Simontw
I set the EA up on multiple pairs and so far it looks really promising. Please see attached picture of trades. {image}
what timeframe and setting you use,thanks.
  • #15
  • Nov 5, 2017 1:07am Nov 5, 2017 1:07am
Subs. Thanks and
Regards
  • #16
  • Nov 5, 2017 6:26am Nov 5, 2017 6:26am
Hi Candyman752,

Can you put option for headging strategy+Grid+Martingle as back up plan if the market all of sudden reversal ?

Cheers
Rizam
  • #17
  • Nov 5, 2017 6:55am Nov 5, 2017 6:55am
Quoting rizam34
Hi Candyman752, Can you put option for headging strategy+Grid+Martingle as back up plan if the market all of sudden reversal ? Cheers Rizam
Sorry candyman you got the headging strategy ..will try in demo & update

P/s what the best TF & Pair to test this EA ?
  • #18
  • Nov 5, 2017 12:45pm Nov 5, 2017 12:45pm
https://www.forexfactory.com/showthr...8#post10461608
The EA in this thread was just using the moving averages as found in thread
cigar guy scalper. I read more of their pages and have figured out how to
use daily open and various price levels as support and resistance.
I have created another EA better than the one in this thread.
https://www.forexfactory.com/showthr...8#post10461608
Please check it out.
The EA in this thread was created using GBPUSD chart. If you read cigar guy thread they trade M1.
If this EA traded differently i would not connect it to that thread
  • #19
  • Last Post: Dec 24, 2017 6:11pm Dec 24, 2017 6:11pm
Merry Christmas & Happy New Year Everyone ...
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