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Looking for an original scalping strategy to write EA

  • #1
  • First Post: May 6, 2022 9:46am May 6, 2022 9:46am
An original scalping strategy is required for the subsequent writing of an Expert Advisor.

There is only one condition: The strategy must be based on strict rules for entering transactions and closing them.
A large number of orders is welcome. The main thing is that profitable trades should prevail over unprofitable ones.

What do you say, gentlemen traders? Is it interesting for you?

Let's build the future together!
  • #2
  • May 10, 2022 11:35am May 10, 2022 11:35am
Hi
I do not have an original system but i do have some indicators that i use that have made me trade my account from £30 to £1200 in one month by compounding.
I would like to see if i can get the indicators into an EA, tried doing it myself but it does not work.
Is this something you can help me with or do i have to ask somewhere else, only joined here today.

Thanks in advance
Woody
  • #3
  • May 13, 2022 7:18am May 13, 2022 7:18am
Very often indicators are redrawn, but if you rely on the real experience of using your indicators, in this case we can try. I mean set strict rules for entry, exit, opening hours, etc. Then we can try to make EA.
  • #4
  • May 13, 2022 7:43am May 13, 2022 7:43am
if you could make an EA for this, i would very much appreciate it:
To buy:-
above 50 MA
Bressert crosses above 20
QQE is buy

To sell:-
Opposite of above
Bressert crosses below 80


All tades for 10 pips

I put £30 into account on 07/04/22, today i have £2070.42, something on this must be working, lol

Thanks in advance
Woody
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 102 KB
Attached File(s)
File Type: mq4 balls_bands.mq4   2 KB | 575 downloads
File Type: mq4 balls_bressert.mq4   3 KB | 567 downloads
File Type: mq4 balls_histogram.mq4   3 KB | 563 downloads
File Type: mq4 QQE averages histo + alerts + arrows.mq4   34 KB | 585 downloads
  • #5
  • May 13, 2022 8:08am May 13, 2022 8:08am
This is a promising scalping strategy with clear simple rules. I think this can be made into an EA.

Inserted Video
Truth is like poetry. And most people f*cking hate poetry.
  • #6
  • May 13, 2022 12:14pm May 13, 2022 12:14pm
Quoting Woody1984
if you could make an EA for this, i would very much appreciate it: To buy:- above 50 MA Bressert crosses above 20 QQE is buy To sell:- Opposite of above Bressert crosses below 80 All tades for 10 pips I put £30 into account on 07/04/22, today i have £2070.42, something on this must be working, lol Thanks in advance Woody {image} {file} {file} {file} {file}
You dont have a 50 MA in there . Are you refering to the middle line of the bands ?
  • #7
  • May 13, 2022 12:36pm May 13, 2022 12:36pm
Quoting Secu0100
{quote} You dont have a 50 MA in there . Are you refering to the middle line of the bands ?
The middle line in the bands is a 50 MA
  • #8
  • May 13, 2022 12:57pm May 13, 2022 12:57pm
Quoting Woody1984
if you could make an EA for this, i would very much appreciate it: To buy:- above 50 MA Bressert crosses above 20 QQE is buy To sell:- Opposite of above Bressert crosses below 80 All tades for 10 pips I put £30 into account on 07/04/22, today i have £2070.42, something on this must be working, lol Thanks in advance Woody {image} {file} {file} {file} {file}

If the indicators have buffer signals then i can combine them all in an arrow indicator so you can see every trade with profit or loss on your chart

just like this example
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
  • #9
  • May 13, 2022 1:41pm May 13, 2022 1:41pm
Quoting oo7rai
{quote} If the indicators have buffer signals then i can combine them all in an arrow indicator so you can see every trade with profit or loss on your chart just like this example {image}
that would be fantastic, it would also make my charts a bit cleaner, thank you.
  • #10
  • May 13, 2022 2:27pm May 13, 2022 2:27pm
Quoting Woody1984
{quote} that would be fantastic, it would also make my charts a bit cleaner, thank you.

it seems not all indicators have buffers for up and down signals

if anyone can please add buffers then i can immidiately turn them into one indicator with arrows
  • #11
  • May 14, 2022 11:57pm May 14, 2022 11:57pm
hello oo7rai

what do you mean with "not all indicators have buffers"? they are plenty of buffers
Balls Bressert
double DssBuffer[];
double MitBuffer[];
double DssBuffer_UP[];
double DssBuffer_DW[];
Balls Band
double HiAdjBuffer[];
double LoAdjBuffer[];
double SMABuffer[];
Balls Histogram
double MA1[];
double MA2[];
double UP[];
double DN[];
QQE
double RsiMa[];
double Trend[];
double HistoU[];
double HistoM[];
double HistoD[];
double trend1[];
double trend2[];
double work[][4];

You must crete your own indicator, with its own buffers, that reads and combine values from other indicators, filling the buffers with an arrow...
Sorry if I misundertood
skipper
  • #12
  • May 15, 2022 12:08am May 15, 2022 12:08am
Quoting Woody1984
if you could make an EA for this, i would very much appreciate it: To buy:- above 50 MA Bressert crosses above 20 QQE is buy To sell:- Opposite of above Bressert crosses below 80 All tades for 10 pips I put £30 into account on 07/04/22, today i have £2070.42, something on this must be working, lol Thanks in advance Woody {image} {file} {file} {file} {file}
Hello Woody
thanks for your input and for sharing your experience.
It would be better if you could post an image marking with a vertical line your entry points. In this way it wil be clearest, especially when you say "QQE is BUY/SELL".
Could you please be more specific when you say "..by compounding". Could you please explain in detail your MM strategy?
Thanks a lot
skipper
  • #13
  • Edited 1:56pm May 15, 2022 1:40pm | Edited 1:56pm
Hello people

I am afraid that you will hate me for explaining all those things, but here goes.

I have provided 2 pictures to show valid buy and sell positions.

On the buy position you can see that the candles are above the yellow 50 MA, the Bressert has crossed above the 20 mark, the QQE shows the grey line is above the green line, all of these show (to me) that i can take a buy possition.

The sell positions are the opposite, The candles are below the yellow 50 MA, Bressert has crossed below the 80 mark, QQE shows grey line is below the green line, this shows me that i can take a sell position.

My trades are based on just 10 pips at a time, I do not care that the instrument I am trading would give me more.
My lot sizes are calculated to increase my account by 3%. If my account was £100, 3% of this is £3, which means my lot size is 0.03.
As my account grows so does my lot sizes. I do not use stop losses, I know that everybody here is going to go mad at me for this (lol) but I have found in the last month that if I do not use a stop loss then almost every trade that I take will hit take profit (eventually).
I only trade gold at the moment, as such, my worst draw down to blow my account would be 300 pips, this has not happened to me yet.
I know this is bad practice but I have found that when you trade gold and you use a stop loss then you are more likely to be stopped out than you are to win the trade.
I have only had to close out a couple of trades since I started this, I did close them out in good time, some might call this luck, I do not know.
As you can see, by compounding my account with each trade, this is how I have managed to start the account with £30 and get to £2000 in under 2 months.
I do understand that all of this may look like bad practice to everyone and I do apologize for that, I also accept the fact that when it comes to testing an EA out based on these rules then I may find that it is the worst idea ever, but I am working full time and I do not get much time on the charts as I would like.

I will however take criticism.

Thanks
Woody
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Buy position.png Size: 99 KB
Click to Enlarge Name: Sell positions.png Size: 102 KB
  • #14
  • May 16, 2022 8:58am May 16, 2022 8:58am
Quoting Woody1984
Hi I do not have an original system but i do have some indicators that i use that have made me trade my account from £30 to £1200 in one month by compounding. I would like to see if i can get the indicators into an EA, tried doing it myself but it does not work. Is this something you can help me with or do i have to ask somewhere else, only joined here today. Thanks in advance Woody
Brilliant return!
  • #15
  • May 16, 2022 2:54pm May 16, 2022 2:54pm
Quoting Woody1984
Hello people I am afraid that you will hate me for explaining all those things, but here goes. I have provided 2 pictures to show valid buy and sell positions. On the buy position you can see that the candles are above the yellow 50 MA, the Bressert has crossed above the 20 mark, the QQE shows the grey line is above the green line, all of these show (to me) that i can take a buy possition. The sell positions are the opposite, The candles are below the yellow 50 MA, Bressert has crossed below the 80 mark, QQE shows grey line is below the green line,...
What do you do here if no stop is used? This is a clear buy signal and without a stop something like this can get really expensive!
Attached Image (click to enlarge)
Click to Enlarge Name: Sell positions.png Size: 99 KB
  • #16
  • May 16, 2022 3:09pm May 16, 2022 3:09pm
Hello Tiroler

To me there is no trade here.
Even though the QQE is in a buy possition, the Bressert is in a sell position so here i would not take a trade.
  • #17
  • May 16, 2022 8:32pm May 16, 2022 8:32pm
Hi woody is it just gold that you trade with this system. the system looks very good. and do you use a sl of 10 pip
  • #18
  • May 16, 2022 8:46pm May 16, 2022 8:46pm
Hello roddy

Yes I only trade gold.

I do not use stop loss.
  • #19
  • May 16, 2022 10:00pm May 16, 2022 10:00pm
Hi woody that`s great thanks for the quick reply. brilliant return on your account well done.
  • #20
  • May 17, 2022 1:15am May 17, 2022 1:15am
Quoting mrdfx
This is a promising scalping strategy with clear simple rules. I think this can be made into an EA. https://youtu.be/vBM0imYSzxI
I like this guy and this system has potential.
So far we have not heard from Greg0r if he likes and is going to code any of ideas above...
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