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Scalping System JALNO

  • #81
  • Nov 20, 2017 1:26pm Nov 20, 2017 1:26pm
Very nice system, i'll give it a try during my long term trades!
If you are looking for very low spread pairs you might want to look at EURJPY on ICMarkets, it has spread similar to EURUSD.

One thing i didn't figure out though: do you open the trade at the open or the close of the second bar? Thanks.
  • #82
  • Nov 20, 2017 1:34pm Nov 20, 2017 1:34pm
Quoting jojofx
Very nice system, i'll give it a try during my long term trades! If you are looking for very low spread pairs you might want to look at EURJPY on ICMarkets, it has spread similar to EURUSD. One thing i didn't figure out though: do you open the trade at the open or the close of the second bar? Thanks.
At the open of the 2nd bar, i.e end of the 1st bar.
Was never keen on EURJPY, full of spikes and misfills. Trading EURUSD and USDJPY effectively trading it anyway!
myfxbook DOT com/members/TopTradeBot
  • #83
  • Nov 20, 2017 2:08pm Nov 20, 2017 2:08pm
Very good and simple system but I don't have time to watch all day charts? Can we get some notification with indicator?
  • #84
  • Nov 20, 2017 2:18pm Nov 20, 2017 2:18pm
Quoting majamivice
Very good and simple system but I don't have time to watch all day charts? Can we get some notification with indicator?
This why i am building EA for this.
Notification wont come fast enough, From signal bar 1 colour change to entry bar (2) is only 60 sec.
myfxbook DOT com/members/TopTradeBot
  • #85
  • Nov 20, 2017 2:44pm Nov 20, 2017 2:44pm
Quoting majamivice
Very good and simple system but I don't have time to watch all day charts? Can we get some notification with indicator?
Not every system is good for being get alarms. TradeForex has pointed it.
If you have no time to scalp, do not scalp. Many other methods will fit your needs if you want some alarms.
Perfection is the enemy of good enough!
  • #86
  • Nov 20, 2017 3:00pm Nov 20, 2017 3:00pm
Quoting vanostrade
{quote} Hi fanatics! Attached chart MA 28 ( Linear Weighted, price Close, blue) and MA 144 (Linear Weighted, price Close, red). After view the chart, you will see secret.

Vanostrade explained basics of Jalno indicator, so in order to get an alert on Jalno change , just get MA crossover indicator with alert

Put this MAs on you mobile device and can trade from there as well

Thank you TradeForex1 for this great and simple system!!
  • #87
  • Nov 21, 2017 1:28am Nov 21, 2017 1:28am
Morning
1/1 EU
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 58 KB
Trade with 60
  • #88
  • Nov 21, 2017 1:35am Nov 21, 2017 1:35am
Starting the day 2/2
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 40 KB
Click to Enlarge Name: Screenshot2.png Size: 29 KB
  • #89
  • Nov 21, 2017 2:28am Nov 21, 2017 2:28am
Quoting Hezz
Starting the day 2/2 {image} {image}
brave man playing GBPUSD!!
myfxbook DOT com/members/TopTradeBot
  • #90
  • Nov 21, 2017 2:42am Nov 21, 2017 2:42am
EU 2/1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 53 KB
Trade with 60
  • #91
  • Nov 21, 2017 2:44am Nov 21, 2017 2:44am
Decided to test this system.

My first trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 24 KB


Now i hope you agree i need 3 wins in a row to have 0 in my pocket, in a lagging system.
I'm curious to see where it takes...
  • #92
  • Nov 21, 2017 3:03am Nov 21, 2017 3:03am
I added a currency meter on my system, that avoid me to take this EUR/USD trade.
Instead at the same time I did go for EUR/AUD because EUR was stronger on this pair.
  • #93
  • Nov 21, 2017 3:04am Nov 21, 2017 3:04am
I took the same trade as above, suddenly a 13 pip SL doesnt look so good.
Now trading live
  • #94
  • Nov 21, 2017 3:04am Nov 21, 2017 3:04am
EU
2 win
1 loss
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 88 KB
Trade with 60
  • #95
  • Nov 21, 2017 3:13am Nov 21, 2017 3:13am
second after minutes goes in TP
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 25 KB


If i'm not wrong, at 9:15 and 9:25 (GMT +2) there were 2 buy. The first in 4.5 profit, the second in 13.5 loss.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM11.png Size: 96 KB


for now -18 plus commissions
  • #96
  • Nov 21, 2017 3:19am Nov 21, 2017 3:19am
Hi, TF-ONE

Good Timing this time ?

Thanks

Best regards
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-11-21 10_16_35-.png Size: 58 KB
BigBlackfeet Always on the(forex) war path !
  • #97
  • Nov 21, 2017 3:21am Nov 21, 2017 3:21am
Quoting sanmiguell
second after minutes goes in TP {image} If i'm not wrong, at 9:15 and 9:25 (GMT +2) there were 2 buy. The first in 4.5 profit, the second in 13.5 loss. {image} for now -18 plus commissions
Nope I was in the first trade when the signal appeared so I didnt enter on that
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 12 KB
Trade with 60
  • #98
  • Nov 21, 2017 3:23am Nov 21, 2017 3:23am
Quoting BLACKFEET
Hi, TF-ONE Good Timing this time ? Thanks Best regards {image}
Heh youre lucky, missed the first entry.Mine is loss
UJ
win 0
loss 1
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 96 KB
Trade with 60
  • #99
  • Nov 21, 2017 4:20am Nov 21, 2017 4:20am
Quoting kumetto
{quote} Nope I was in the first trade when the signal appeared so I didnt enter on that {image}
yes you are right!
so 3W and 1L
  • #100
  • Nov 21, 2017 5:02am Nov 21, 2017 5:02am
Attached Image (click to enlarge)
Click to Enlarge Name: Jalno.gif Size: 8 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Jalno.jpg Size: 341 KB


I finished coding the EA. I ran quick backtest for Oct and trades line up perfect according to manual trading. Backtest allow for commission etc, model quality poor but i am pushed for time currently.
EA only demo for now, as its in infancy and imperfect state, I don't want it live running on people account.

The EA does not contain news filter, so, any backtest would not be true reflection of performance. E.g this morning EURGBP I advise to stay out until after 10am as there was GBP data.
But at least EA means you only need to be near screen to turn off EA for impending news, not open/close trades.
Its more of an aid than a pure set and forget, trader need to be aware of data on horizon.

Prehaps good data miners with 99% data can take it and improve backtest as my time limited this week, but again with no news filters, I not sure the entire relevance of that,

Send me PM for Demo EA. Try to get them out today.

Good luck trading ladies + gents!

USDJPY just boomed for +4.5
myfxbook DOT com/members/TopTradeBot
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