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Scalping System JALNO

  • #321
  • Dec 1, 2017 3:44am Dec 1, 2017 3:44am
Quoting Ryanfrc
{quote} 1st trade is BUY at time 10.05 and result is loss 2nd trade is sell at time 10.13 and result is loss
GU has been long for a month, so a loss is just trading, take it on the chin, the sell should not have been taken according to OP rules, no flip flop.

Your EURUSD reminds me to add a 4 pip break even.
  • #322
  • Dec 1, 2017 4:07am Dec 1, 2017 4:07am
Quoting moodybot
{quote} GU has been long for a month, so a loss is just trading, take it on the chin, the sell should not have been taken according to OP rules, no flip flop. Your EURUSD reminds me to add a 4 pip break even.
It's no flip flop, it's based on the rule, if you see the buy position was closed because of SL hit, and then the 2nd signal comes out as a sell and then result Loss Also. The trades not categorized as flipflop.
  • #323
  • Dec 1, 2017 4:26am Dec 1, 2017 4:26am
Quoting Ryanfrc
{quote} It's no flip flop, it's based on the rule, if you see the buy position was closed because of SL hit, and then the 2nd signal comes out as a sell and then result Loss Also. The trades not categorized as flipflop.
It may be my interpretation.....

Hold trade until SL or TP is hit, do not flip signal on reverse signal....your stop loss may be hit without an opposite signal showing.... so possibly to then get a signal in the new direction, if now a ranging market, may cause further loss....
  • #324
  • Dec 1, 2017 4:57am Dec 1, 2017 4:57am
UJ to TP, +4.7 pips.

Again I entered a few pipettes (0.5) after the entry level by the rules stated in post #1 upon receiving my sound alert.
Reasons to take the trade were mainly: 1) SMA(200) downward 2) JPY strengthening while USD getting weaker.

I think this system could work, but in my view a lot of discretion is needed.

Bubincka
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.jpg Size: 201 KB
Porta itineris dicitur longissima esse
  • #325
  • Dec 1, 2017 5:11am Dec 1, 2017 5:11am
Quoting bubincka
UJ to TP, +4.7 pips. Again I entered a few pipettes (0.5) after the entry level by the rules stated in post #1 upon receiving my sound alert. Reasons to take the trade were mainly: 1) SMA(200) downward 2) JPY strengthening while USD getting weaker. I think this system could work, but in my view a lot of discretion is needed. Bubincka {image}
Same here got USDJPY TP Hit, and yes maybe i need to learn what kind of discretion needed, for senior member here please share some of your discretion which is will help to trade with EA perform better. Thanks in advance all
  • #326
  • Dec 1, 2017 6:50am Dec 1, 2017 6:50am
Next win eurjpy 5.1 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 41 KB
  • #327
  • Dec 1, 2017 6:50am Dec 1, 2017 6:50am
Quoting Ryanfrc
{quote} Same here got USDJPY TP Hit, and yes maybe i need to learn what kind of discretion needed, for senior member here please share some of your discretion which is will help to trade with EA perform better. Thanks in advance all
Hi Ryanfrc,

first I do not consider myself a senior member at all, I'm learning something new every day here in FF and around.

Second, if you decide to use the EA there's no space left for any discretion.

Since the alternative is to stay all day in front of the screen and I can't, but above all I don't want to do that, I have coded a simple indicator that gives me a signal with a sound + popup when post #1 rules are met.

Then I jump to my PC and in the chart for which the signal has been sent I look at SMA(200) to see if it's up, down or flat; at the same time I check values in strength meter (you can find many here in FF using the search function) to check which currency is getting stronger / weaker.
Other things you can do are zooming to higher TFs, looking at position of daily open, pivot, support, resistance.

These above are lines in the sand because it's impossible to tell our own experience in a post, nevertheless can help to avoid some bad entry.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #328
  • Dec 1, 2017 7:00am Dec 1, 2017 7:00am
Next win eurusd got 4.7 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 45 KB
  • #329
  • Dec 1, 2017 7:10am Dec 1, 2017 7:10am
Quoting bubincka
{quote} Hi Ryanfrc, first I do not consider myself a senior member at all, I'm learning something new every day here in FF and around. Second, if you decide to use the EA there's no space left for any discretion. Since the alternative is to stay all day in front of the screen and I can't, but above all I don't want to do that, I have coded a simple indicator that gives me a signal with a sound + popup when post #1 rules are met. Then I jump to my PC and in the chart for which the signal has been sent I look at SMA(200) to...
Thanks for sharing your good opinion to me and other who need to learn of it.
For currency meter strength i already have, and i don't like full time in front of my comp also and back again no need to be greedy or will ended with loss only and also i think i need to learn to keep checking higher TF to know the trend for sure, if not then will just ended like GBPUSD which is in sideway area last time, well i still need more ways to learn
  • #330
  • Dec 1, 2017 7:11am Dec 1, 2017 7:11am
wow EURUSD AGAIN NEXT TP 4.4 PIPS
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 44 KB
  • #331
  • Dec 1, 2017 7:16am Dec 1, 2017 7:16am
1 LOSS USDJPY 13.9 PIPS,
WELL JUST AS @OZON1 said maybe the best performance for Scalper JALNO EA is EURUSD, well let's see...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 43 KB
  • #332
  • Dec 1, 2017 8:21am Dec 1, 2017 8:21am
LAST TRADE EURJPY LOST 16.3 PIPS close manually, the lost bigger than in the SL Set up maybe because after the SELL Trade been made i close the EA for a moment and then i attach the EA back to the Pair maybe because of that the EA not response when the price already should be closed within SL range, so i close it myself.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 45 KB
  • #333
  • Dec 1, 2017 8:52am Dec 1, 2017 8:52am
For those who are interested, here are some tools to trade this system in a discretionary way without staring at the screen all day.
Put each piece in the right folder under your MT4 and apply template MY_jalno.tpl
Hopefully this will help somebody with this system and will give me the chance to return something of the much I've had from FF.

Bubincka

# Scripts used to place a market buy/sell order with the classic formula (risk = 2%):

Inserted Code
lotSize = (balance * risk) / (stopSize * MarketInfo(pair, MODE_LOTSIZE));
InstantBuy
InstantSell

# Indicators
ytg_DveMashki_ind_w_Signals : I found this one on the web, it's 100% the same as jalno histogram bars.
Alert_M1, it gives you the sound + popup signal when rules in post #1 are satisfied for a pair.
Daily open line, it draws a line at daily open level.

# Experts
TPSLManager_V1, this is a trade manager handling TP/SL locally (hidden to broker), default values are TP = 4.5, SL = 13.5 but you can change them.

# templates
MY_jalno : put this under templates folder and apply it after having copied all the above files.
Attached File(s)
File Type: ex4 InstantBUY.ex4   12 KB | 445 downloads
File Type: ex4 InstantSELL.ex4   11 KB | 463 downloads
File Type: ex4 ytg_DveMashki_ind_w_Signals.ex4   13 KB | 439 downloads
File Type: ex4 Alert_M1.ex4   7 KB | 443 downloads
File Type: ex4 Daily open line.ex4   8 KB | 380 downloads
File Type: ex4 TPSLManager_V1.ex4   39 KB | 454 downloads
File Type: tpl MY_jalno.tpl   4 KB | 448 downloads
Porta itineris dicitur longissima esse
  • #334
  • Edited 10:59am Dec 1, 2017 10:36am | Edited 10:59am
Quoting bubincka
For those who are interested, here are some tools to trade this system in a discretionary way without staring at the screen all day. Put each piece in the right folder under your MT4 and apply template MY_jalno.tpl Hopefully this will help somebody with this system and will give me the chance to return something of the much I've had from FF. Bubincka # Scripts used to place a market buy/sell order with the classic formula (risk = 2%): lotSize = (balance * risk) / (stopSize * MarketInfo(pair, MODE_LOTSIZE)); InstantBuy InstantSell...
bubincka, kindly what the use of Instantbuy and Instant Sell ?? is it to be put located in indikator or expert folder??
no effect at all in MT4 i think.
Thanks for explaining to newbie user like me
Sorry already understand there is a script folder in MT4, but still not understand the use of it, because no effect maybe because my demo Balance is $3000 at all i see ha ha. and Thanks again for sharing to us here Bubincka, you make this forum much alive here for scalper community
  • #335
  • Dec 1, 2017 11:01am Dec 1, 2017 11:01am
Quoting Ryanfrc
{quote} bubincka, kindly what the use of Instantbuy and Instant Sell ?? is it to be put located in indikator or expert folder?? no effect at all in MT4 i think. Thanks for explaining to newbie user like me Sorry already understand there is a script folder in MT4, but still not understand the use of it, because no effect at all i see.
InstantBuy and InstantSell must be copied into /MT4/Scripts folder.
Then if you double click on them you place a buy or sell instant order at market.
If you want to trade this system discretionary you need these scripts to place trades manually.

Hope this helps.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #336
  • Dec 1, 2017 11:09am Dec 1, 2017 11:09am
Quoting bubincka
{quote} InstantBuy and InstantSell must be copied into /MT4/Scripts folder. Then if you double click on them you place a buy or sell instant order at market. If you want to trade this system discretionary you need these scripts to place trades manually. Hope this helps. Best regards, Bubincka
yeah i find it automatically make an adjusting lot to be traded automatically. Thanks for the explanation Bro
Happy weekend all
  • #337
  • Dec 1, 2017 12:01pm Dec 1, 2017 12:01pm
Quoting Ryanfrc
LAST TRADE EURJPY LOST 16.3 PIPS close manually, the lost bigger than in the SL Set up maybe because after the SELL Trade been made i close the EA for a moment and then i attach the EA back to the Pair maybe because of that the EA not response when the price already should be closed within SL range, so i close it myself. {image}

From post one, Pair: EURUSD, USDJPY and GBPUSD.....The OP has suggested these, perhaps just use them for the moment. EURJPY may well require different parameters.

M.
  • #338
  • Dec 1, 2017 6:36pm Dec 1, 2017 6:36pm
Hi all,
Just a test on M5, Friday only. 24 hrs. If OP doesn't like this post, shout and I will remove.
Green pips!
RS
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-12-02_0929.png Size: 96 KB
  • #339
  • Dec 1, 2017 7:38pm Dec 1, 2017 7:38pm
Quoting RisingSun
Hi all, Just a test on M5, Friday only. 24 hrs. If OP doesn't like this post, shout and I will remove. Green pips! RS {image}
Jalno seriously gonna be a nice trading style for everyone i think HORRAAAYY
  • #340
  • Dec 1, 2017 8:28pm Dec 1, 2017 8:28pm
Quoting RisingSun
Hi all, Just a test on M5, Friday only. 24 hrs. If OP doesn't like this post, shout and I will remove. Green pips! RS {image}
Don't stop at 5 mins..
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