Daily Breakout Centipede System

Quoting Bondone

Disliked

Still your EA Scoobidoobi, just with hedge field changed from default 400, to 100 at H1, and 20 at M15 chart. I did nice demo pips using it today at AUDUSD H1 chart and USDCHF 15 min chart. Opening of new trades was precisely as ordered by EA, but....trades were not closed in either case once previous bar H or L in opposite direction was reached. Still, that happened after orders were scaled for 5-6 legs in desired direction, so I was closing it manually, in overall profit. Observation - EA should be activated along side of mid point of mid range...

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Quoting Scoobidoobi

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{quote} In the code you need to make amendments to use PERIOD_M15 if you are using on M15 chart, its written for daily PERIOD_D1. EA will not be aware you are trying to scalp M15 , So better make changes to EA code and compile in meta editor and use the same.., if you are not familiar with mql4 someone in this forum can make it trade M15 scalping style if you think it is better/profitable for you. thanks

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Quoting yambo128

Disliked

Scoobidoobi V2 is for Yambo only cheers Can you please let me know whether you are still modifying the EA to close the trade when the profit target is hit Thx in advance

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Quoting Scoobidoobi

Disliked

Daily Breakout Swing Trading Centipede System Simple Rules: i)Swing trades based on daily breakouts if signal confirms buy/sell ii) Add more trades in the direction of the core open trade - building centipede every 40pip distance iii)On Signal reversal,squareoff of all the open trades and take a fresh trade in the opposite direction where new signal comes. iv) Spread check under 3 pips prior to taking trades. Example : GBP USD 1.3042 Daily sell signal breakout core position i) 1 sell GBPUSD 1.3042 ii) sellstop GBPUSD 1.3002 (if triggered new sellstop...

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Quoting belka

Disliked

{quote} I do testing on GBPUSD and the result is amazing. I wished I did it on my real acc. {image}

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