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Currency Grail Scalping System

  • #761
  • Feb 21, 2020 1:06pm Feb 21, 2020 1:06pm
How are you guys trading this successfully? Perfect setups are so rare that you might only make 5 trades a week and that's if you're watching 20 pairs. Anything less than a 'perfect' setup and its a 50/50 win ratio.
  • #762
  • Feb 21, 2020 1:10pm Feb 21, 2020 1:10pm
Quoting Bitcoinlife
Has this EA been tested on real account? Do you get benefits only in demo?
You'd have to ask the EA author PaulDV about that.

Not sure what you mean about "benefits in Demo"
  • #763
  • Edited 2:52pm Feb 21, 2020 1:16pm | Edited 2:52pm
Quoting GodofWar
How are you guys trading this successfully? Perfect setups are so rare that you might only make 5 trades a week and that's if you're watching 20 pairs. Anything less than a 'perfect' setup and its a 50/50 win ratio.
Yes perfect setups are about one or two a day, but a few more on volatile pairs

I'm trialing on H1 GJ and GA entering on nearly every bar open during London, results are quite good but it's work in progress
  • #764
  • Feb 21, 2020 9:23pm Feb 21, 2020 9:23pm
Please ranger_lp have you made a new daashboard for the latest PAUL EA
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 117 KB
  • #765
  • Feb 29, 2020 12:20pm Feb 29, 2020 12:20pm
I made a slight change to the standard settings of this EA on the EUR/USD and found that you get quite a bump in performance with a TP of 13, vs no TP. I ran these tests a few weeks ago after our most recent loss, which is why the report doesn't show the two wins since then.

These results are from Jan 1, 2013 till now with ORIGINAL settings. The starting amount is 2000 US dollars:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
  • #766
  • Feb 29, 2020 12:24pm Feb 29, 2020 12:24pm
Here's the same test but with a TP of 13. You'll notice less of a drawn down and much more profit over time. I tested many TP settings but this seemed to be optimal. Hope this helps!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 101 KB
  • #767
  • Feb 29, 2020 3:20pm Feb 29, 2020 3:20pm
Quoting Moolah
Hi i found this strategy and it seems interesting, i understand that it says not to use a stop loss but i was wondering could someone make a ea with these rules but add a stop loss, so we could play with it and see if it has potential everything is explained in the pdf i found the pdf here https://c.mql5.com/forextsd/forum/16...ing_system.pdf
Is it possible to apply this style for candlesticks?

Sorry,just asking
  • #768
  • Mar 1, 2020 2:46am Mar 1, 2020 2:46am
Quoting chadb23
Here's the same test but with a TP of 13. You'll notice less of a drawn down and much more profit over time. I tested many TP settings but this seemed to be optimal. Hope this helps! {image}
Nice testing thanks.
A consideration for programmers might be a dynamic TP based on ATR?
  • #769
  • Mar 2, 2020 2:09am Mar 2, 2020 2:09am
The EA has expired
  • #770
  • Edited 5:02am Mar 2, 2020 3:58am | Edited 5:02am
New version with expiry set way in the future.

This version has had a few logic bugs ironed out and also contains a trend filter based on the attached TCCI indicator.

It doesn't actually work that well, and my advice is NOT to use it. The reason for this is that the TCCI indicator repaints, so there will be discrepancies between the CGS indicator and the CGS EA. When I get time, I will amend the indicator so that it doesn't repaint and will then continue with testing.

In the meantime, have fun, and let us know if you find any good settings.
Attached File(s)
File Type: ex4 Currency Grail EA.ex4   146 KB | 599 downloads
File Type: ex4 TCCI.ex4   17 KB | 749 downloads
"Pips are vanity. Profit is sanity."
  • #771
  • Mar 3, 2020 2:34am Mar 3, 2020 2:34am
Quoting PaulDV
New version with expiry set way in the future. This version has had a few logic bugs ironed out and also contains a trend filter based on the attached TCCI indicator. It doesn't actually work that well, and my advice is NOT to use it. The reason for this is that the TCCI indicator repaints, so there will be discrepancies between the CGS indicator and the CGS EA. When I get time, I will amend the indicator so that it doesn't repaint and will then continue with testing. In the meantime, have fun, and let us know if you find any good settings. {file}...
Thanks PaulDV
  • #772
  • Mar 3, 2020 5:04am Mar 3, 2020 5:04am
hello Paul.
Maybe this TCCI will be better. Check him out.
Attached File(s)
File Type: ex4 Ultra-Signal.ex4   5 KB | 630 downloads
  • #773
  • Mar 4, 2020 4:49pm Mar 4, 2020 4:49pm
Quoting BeFree
hello Paul. Maybe this TCCI will be better. Check him out. {file}
Sorry, my mistake: I meant to say that the CGS Indi repaints - the TCCI is fine - so I end up with the EA taking trades that the indi 'appears' to avoid.
"Pips are vanity. Profit is sanity."
  • #774
  • Mar 4, 2020 7:23pm Mar 4, 2020 7:23pm
Hello All, I have more better way rather than this, and I'm willing to share to all of you.. just hope somebody can do a revise and do some backtest and post the result here..
check the file below..
Attached File(s)
File Type: mq4 WindRX RelentlessFX.mq4   8 KB | 860 downloads
Every Top we reach come from a small step we step In. Trade Well Close Well
  • #775
  • Mar 5, 2020 4:10am Mar 5, 2020 4:10am
Just a note about the rarity of setups - if you relax the standards for the bar pattern and simply trade taller than average bars you'll get more entries and most of them revert just as readily. The caveat is that the 5-8% of trades that don't revert will trend like a roaring jet and can quickly wipe you out if precautions are not taken.
  • #776
  • Mar 5, 2020 12:54pm Mar 5, 2020 12:54pm
Quoting PaulDV
New version with expiry set way in the future. This version has had a few logic bugs ironed out and also contains a trend filter based on the attached TCCI indicator. It doesn't actually work that well, and my advice is NOT to use it. The reason for this is that the TCCI indicator repaints, so there will be discrepancies between the CGS indicator and the CGS EA. When I get time, I will amend the indicator so that it doesn't repaint and will then continue with testing. In the meantime, have fun, and let us know if you find any good settings. {file}...
Welcome.

Does this mean you are finishing your work on your EA?

I start testing today. I see that EA has not changed. the settings are the same.
Can I somehow set the indicator condition manually?
I mean that I could change it instead of "movin average" 20 enter a different value.
A value of 20 often changes the signal. I look at 100 and it seems better. But each time interval needed to adjust the "MA" parameter.
  • #777
  • Mar 6, 2020 3:16am Mar 6, 2020 3:16am
Quoting BeFree
{quote} Welcome. Does this mean you are finishing your work on your EA? I start testing today. I see that EA has not changed. the settings are the same. Can I somehow set the indicator condition manually? I mean that I could change it instead of "movin average" 20 enter a different value. A value of 20 often changes the signal. I look at 100 and it seems better. But each time interval needed to adjust the "MA" parameter.
Hiya buddy,

Yes, I will be getting back to it, but finding the time is becoming an issue as I've started a new job recently and don't have much downtime right now.

Both the EA and the Indicator now have a trend filter period: this is the period to use for the TCCI indicator, and you can switch it off by using zero, or change the period to whatever you wish.

The TCCI indicator defaults to a period of 20, which should be about right for the H1 timeframe. For lower timeframes, the period should be smaller - around 16 would probably be OK.
"Pips are vanity. Profit is sanity."
  • #778
  • Mar 6, 2020 5:32pm Mar 6, 2020 5:32pm
Quoting PaulDV
{quote} Hiya buddy, Yes, I will be getting back to it, but finding the time is becoming an issue as I've started a new job recently and don't have much downtime right now. Both the EA and the Indicator now have a trend filter period: this is the period to use for the TCCI indicator, and you can switch it off by using zero, or change the period to whatever you wish. The TCCI indicator defaults to a period of 20, which should be about right for the H1 timeframe. For lower timeframes, the period should be smaller - around 16 would probably be OK.
Great Work PaulDV, this journey is no where near the end yet, still unclear what will the final product would be...Forex has never been easy and never will be...
If you don't give up, you will get it..
  • #779
  • Mar 7, 2020 4:20pm Mar 7, 2020 4:20pm
Quoting eddyskommmsi
Hello Guy, I need someone that can help me backtest with 99% tick data model.. this is my backtest result of the EA i post above, EURUSD Running H1 and GBPAUD Running H1 with RecoveryMode = True {image} {image} {file}
What does this have to do with the Currency Grail Scalping strategy?
"Pips are vanity. Profit is sanity."
  • #780
  • Mar 7, 2020 7:29pm Mar 7, 2020 7:29pm
I'm sorry PaulDV, If this seems not to do with currency grail, but I found that this maybe can be the alternate one.. cause it's seems profitable..and winning rate also high as same as currency grail.. I'm sorry for posting like that.. cause I see this is the thread about currency grail.. so I just want to share with all of you.. and also Im just a junior member.. i can't post a thread..
Every Top we reach come from a small step we step In. Trade Well Close Well
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