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Attachments: Need EA for scalping system
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Need EA for scalping system

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  • Post #1
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  • First Post: May 21, 2019 2:38am May 21, 2019 2:38am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
This is a fun system that I would really like to see an EA made for it. With this system you really have to jump into trades at just the right time and its hard for me to scan all the pairs, keep an eye on each set up and not miss out on the entries. The problem is I do miss out on a lot of good trades. An EA bot would really help go into the trade and then I can manually monitor it from there on when to exit.

*With this system you have to use the template or set up the indicators as I have them. Mainly the channel lines. For best results do not enter a trade if price has already crossed the yellow line.

Best time frame: 15 minutes.

ENTRY
1. Wait for super signal to form. The further away from the yellow line the better.
2. Wait for a trend arrow.
3. Wait for the histogram to change the opposite color.
4. Again, for best results, make sure price has not crossed the yellow center line.

This is a "SCALPING" strategy, meant to grab around 5-10 pips only. You might be able to grab more on the higher time frames with bigger moves, but for myself, I find it has the best results on the 15 minute time frames.

For an EA bot, I would like something very simple and easy to understand:
*Lot Size
*TP
*SL
*Trades at a time
* If price has already crossed the center yellow line, then the bot will cancel the trade and wait for another setup.
Attached Image (click to enlarge)
Click to Enlarge

Name: SYSTEM2_zpsxacnpq8j.png
Size: 165 KB
Attached Files
File Type: ex4 Arrows.ex4   12 KB | 422 downloads
File Type: mq4 Arrows.mq4   2 KB | 472 downloads
File Type: ex4 Channel.ex4   39 KB | 386 downloads
File Type: mq4 Channel.mq4   14 KB | 465 downloads
File Type: ex4 Solar Winds joy - histo.ex4   14 KB | 377 downloads
File Type: mq4 Solar Winds joy - histo.mq4   3 KB | 435 downloads
File Type: ex4 Super Signals.ex4   22 KB | 386 downloads
File Type: mq4 Super Signals.mq4   5 KB | 469 downloads
File Type: tpl Super Signal Channel.tpl   4 KB | 469 downloads
  • Post #2
  • Quote
  • May 21, 2019 2:52am May 21, 2019 2:52am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Channel line setup

Attached Image (click to enlarge)
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Name: channel lines setup.png
Size: 151 KB
  • Post #3
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  • May 21, 2019 3:33am May 21, 2019 3:33am
  •  fxpsas
  • | Joined Jun 2014 | Status: Member | 44 Posts
Thanks Bro, can this EA use in live account?
1
  • Post #4
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  • May 21, 2019 3:43am May 21, 2019 3:43am
  •  Etorix
  • | Joined May 2019 | Status: Member | 9 Posts
@fxpsas attached are only the indicators as well as the template. He searches for someone that can compile him an EA, that uses his strategy.

Greetings
  • Post #5
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  • May 21, 2019 3:46am May 21, 2019 3:46am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting fxpsas
Disliked
Thanks Bro, can this EA use in live account?
Ignored
Its not an EA yet. I need to find someone that can build it for me. But yes, I do use this system on a live account and its worked really well. Give it a shot on a demo and try it out. It seems to work best for me on 15 min time frame. I normally would NOT go into a trade if price has already crossed the center yellow line but its really up to the trader. And the furthest outside the blue channel lines the super signal appears, the better. I also would NOT take a trade on just the super signal alone. It can repaint and jump around and give you a false signal, so wait for all the other factors to come into play (ex. Trend arrows, histogram change colors.)
  • Post #6
  • Quote
  • May 21, 2019 4:07am May 21, 2019 4:07am
  •  johanesslind
  • | Additional Username | Joined Mar 2019 | 4 Posts
It is interesting strategy! I would like to try it but I don't get when do I exit? Is there any rule?
  • Post #7
  • Quote
  • May 21, 2019 4:24am May 21, 2019 4:24am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting johanesslind
Disliked
It is interesting strategy! I would like to try it but I don't get when do I exit? Is there any rule?
Ignored
Give it a try on a demo and see how you like it. I don't really have an exit. I normally just put a take profit of 5 pips and I'm out. But I have been thinking about testing it on a demo and staying into the trade until the opposite super signal forms on the other side. Or if the trend line turns the opposite color.
  • Post #8
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  • May 21, 2019 5:38am May 21, 2019 5:38am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
This is a perfect example of why you shouldn't go into a trade if price has crossed the yellow line. When it crosses, its already lost half of its momentum. And definitely do not take a trade if the super signal and arrow are not on the same side as the yellow line, as shown in the picture.
Attached Image (click to enlarge)
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Name: crosstheline_zpsacecd7ke.png
Size: 16 KB
  • Post #9
  • Quote
  • May 21, 2019 1:26pm May 21, 2019 1:26pm
  •  fxpsas
  • | Joined Jun 2014 | Status: Member | 44 Posts
Hey friends, I increase this strategy to 100% win percentage. Cheers!
Attached Image (click to enlarge)
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Name: EURJPYM15.png
Size: 42 KB
  • Post #10
  • Quote
  • May 21, 2019 1:43pm May 21, 2019 1:43pm
  •  luftpump
  • | Joined May 2019 | Status: Member | 3 Posts
Quoting fxpsas
Disliked
Hey friends, I increase this strategy to 100% win percentage. Cheers! {image}
Ignored
Can you tell me your Rules? Entry, or better Exits? Timeframe?

Thanks bro.
  • Post #11
  • Quote
  • May 21, 2019 4:53pm May 21, 2019 4:53pm
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting luftpump
Disliked
{quote} Can you tell me your Rules? Entry, or better Exits? Timeframe? Thanks bro.
Ignored
I wait until the super signal forms, the trend arrow to form and the histogram to change colors and then I enter. i don't really have an exit, I normally just scalp around 5 pips and I'm out. I wanted a system that scalped small pips but consistently. This seems to work best for me on the 15 min time frame. But I see a lot of good setups on the 4 hour charts, I just don't have the patients for 4 hours.

As for the comment above, it looks like he just added the RSI indicator and a currency strength indicator to give him a better heads up when price will go the other way.
  • Post #12
  • Quote
  • May 21, 2019 5:41pm May 21, 2019 5:41pm
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
The currency strength might help actually...
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Name: egege_zpsccf7s5pa.png
Size: 68 KB
  • Post #13
  • Quote
  • May 21, 2019 5:58pm May 21, 2019 5:58pm
  •  NoNonSenseFX
  • Joined Feb 2019 | Status: Member | 208 Posts | Invisible
Quoting cms24748
Disliked
The currency strength might help actually... {image}
Ignored
Could you upload this currency strength indicator?
SmartGridEALive All Time Return: 97.1%
  • Post #14
  • Quote
  • May 21, 2019 6:15pm May 21, 2019 6:15pm
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting NoNonSenseFX
Disliked
{quote} Could you upload this currency strength indicator?
Ignored
Try this one, I don't have the MQ4 file but it will do the job...
Attached File
File Type: ex4 CurrencySlopeStrength.ex4   53 KB | 218 downloads
1
  • Post #15
  • Quote
  • May 21, 2019 6:37pm May 21, 2019 6:37pm
  •  NoNonSenseFX
  • Joined Feb 2019 | Status: Member | 208 Posts | Invisible
Quoting cms24748
Disliked
{quote} Try this one, I don't have the MQ4 file but it will do the job... {file}
Ignored
Thanks.

Super signal indicator repaints. By the time the Circle and blue appear, it is already several candles behind.
SmartGridEALive All Time Return: 97.1%
  • Post #16
  • Quote
  • May 21, 2019 6:41pm May 21, 2019 6:41pm
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Looks like EURGBP is about to drop....
Attached Image (click to enlarge)
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Name: eg_zps1oxbjd6v.png
Size: 30 KB
  • Post #17
  • Quote
  • Edited at 7:07pm May 21, 2019 6:42pm | Edited at 7:07pm
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting NoNonSenseFX
Disliked
{quote} Thanks. Super signal indicator repaints. By the time the Circle and blue appear, it is already several candles behind.
Ignored
Yeah, I meant to tell you that. Thats why you have to watch the other indicators. I wouldnt rely on just the super signal. It will give you a false signal. It’s mainly used to get your attention.
  • Post #18
  • Quote
  • May 22, 2019 12:16am May 22, 2019 12:16am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
If anyone wants that trend snake indicator that is in the photo in post #9 here it is...
Attached Image (click to enlarge)
Click to Enlarge

Name: snake_zpssxjsooez.png
Size: 56 KB
Attached File
File Type: mq4 SuperTrend nrp candles mtf 2.03.mq4   11 KB | 169 downloads
1
  • Post #19
  • Quote
  • May 22, 2019 4:03am May 22, 2019 4:03am
  •  Amtsberg
  • | Joined May 2019 | Status: Junior Member | 2 Posts
I could program an EA for this idea. Let me know if you are interested.
  • Post #20
  • Quote
  • May 22, 2019 5:41am May 22, 2019 5:41am
  •  cms24748
  • Joined May 2015 | Status: Member | 24 Posts
Quoting Amtsberg
Disliked
I could program an EA for this idea. Let me know if you are interested.
Ignored
I would love an EA for this idea. I am trying to code one myself and I have no idea what I'm doing. I know you would probably do a better job.
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