Most Profitable Scalping Strategy I found in 10 years

Respected Master Coders ,
This is to inform I trade in market since 2010 but more over unsuccessful why because of I mostly can say follow reversal strategies to trade in market which lead more positions and margin call or stop loss.
I tried trend following strategies also but not much successful .

After many searches and in free time watched over 200-400 videos on YouTube website .
And selected one ,
This is what I found one of the best price action scalping.

I tested it manually and works perfect and chance of winning is 95%.
How this works ,

21 , 13 ,8 EMA .

Time frame M5 and H1 .

Thats it.

Now in action what we have to do .
First place all the EMA on your chart then you will see three EMA just we need to check confirmation from H1 chart of trend direction.
Then on M5 in same direction we need pending stop orders in the trend direction of H1.
This is what EA will set 3 pips away from the lowest or Highest price of last 5 candle counting.
And TP will be 1:1 of SL.
Expiry of pending orders better 60 minutes.
This is successful on all pairs.
More details how you need to code it please look the video once properly to understand well.



I request coders to please please code this strategy and share the code of the EA.
I am sure this will help 1000% to everyone.
I attached my test Trade I know its not lot but I given try.
Please help me to code this for MT4 and MT5 both.

trend on H1 down your strategy, you have opened a position up. Where is the logic? See for yourself, or I misunderstood something.

No the ea will always check the current market trend on H1 , And if the EMAs are mixed with each other means its ranging and he should avoid position on M5 until market takes direction at one side on H1.
If you are coder please try to code it and we can fix the ea together.

Did you find anyone to code this yet?

will try to code it...and get back to you within 2 days

thanks...

I think these thread should help you out.
https://www.forexfactory.com/showthread.php?p=12459589
https://www.forexfactory.com/showthread.php?t=350420

hi!

did you find some EA for this strategy?

thx

Am looking at it in detail and plan to code it. This strategy is simple yet solid in my opinion, never seen like this before.
Will see how it react without human interaction (fully automated).

But sorry, I am C# developer, can code for cTrader. I've served my time learning to code MQL (for metatrader), turn out it was a waste of time.
You'll see some updates on https://github.com/radityoardi/Rdz.cBot later.

Did anyone find the EA for this strategy?

@eagleeyees Did you ever get this built? I do python and oanda. I'd be willing to work together on it.

Hi. Can you try using Ninjatrader Platform , i think you can code it by your self in strategy builder

What proof is presented to show it's a "Most profitable" system?

Hi I checked out your repository and there's still no update. I used to scalp with MT5 EAs and I'm currently transitioning from Mt5 to ctrader. Still learning c#. Hope to see your cBot version of this strategy.

So I sat down yesterday and tried to code this. I have now finished. I tried backtesting the strategy on a few different forex pairs and it was decent, i mean my coding might not be 100% but it sure is close to the strategy.

Result:

GBPUSD: 1.24 Profit factor

USDCHF: 1.07 Profit factor

Hit me up if you have any questions about it!

PS: When testing the EA, please launch the EA on a 5min chart

What was the Time Period for which you back tested it for ....i mean i made my own strategy and during optimization some passes were able to yield upto 1.4 profit factor with around 170 trades for last "4-6 months" but when i tested it for the last year , things got drastically changed and the profit factor was reduced to 1.1

Any ways this does look a good strategy will be working upon it

Thanks for the effort, tried it out there seems to be some bug... the EA kept opening orders non stop and crashed the terminal.

I have tried it as well. could you tell me what the RISK variable is ?

how can i chqange the LOT size ? is RISK the lot size ?

i would like to be able to choose smaller lot size.

anyone can refine the EA ? it seems to be ok

Will be uploading the code soon i am just back testing it now on EURUSD and hate to say it but its totally not working on EURUSD atleast

put theese params and backtest the strategy....do let me know if you find any bugs or improvements

here are the parameters needed...was not uploaded before for some reason