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To: abokwaik | From: ***** | Sent: Feb 6, 2017 4:17
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HI abokwaik,
How are you?
I came across your thread =http://www.forexfactory.com/showthread.php?t=578029&page=5
I've been looking at getting into this type of heavy scalping trading style.
I noticed the thread just kind of died off, what was the end results?
Obvious drawbacks would when testing on real would be dealing plugins, spread, commission, slippage, etc.
Regards,
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To: ****** | From: abokwaik | Sent: Feb 6, 2017 1:36am
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Hi ******,
I'm fine, thank you.
Tick Scalper is an HFT system which requires ECN, fast execution (max 30ms). I suggest you demo forward test it on such environment if possible.
Preferred pair EURUSD. Minimum Points Input set to Half the Average Spread.
Best Regards,
Khalil
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To: abokwaik | From: ***** | Sent: Feb 6, 2017 08:37pm
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Also, using this type of tick algo will never work with mt4 just based on the fact that mt4 doesnt update ticks fast enough. It would most likely work a lot better with ctrader with a fix api.
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Well. it's been a while since I used the EA, so I gave it a try on the nest day, Feb 7th, using these inputs on EURUSD M1 chart.
I ran it for about 2 hours while at work. and here is the output : 50 trades, 1.85% Return, 0.08% Max DD.
Here is the complete forward test statement file.
As I always say, Indicators and EAs are only tools, you have to do your homework and find the best way to use them for your benefit.
All the best,
Khalil
Note : the above test was carried out using the EA from post # 78.