Will code US30/USD majors scalping bot

Who would trades the US dollar and would be interested in me creating an EA for it? i have my own strategies but i wanna be challanged by coding a new profitable strategy

Hi Treptrader,
Cool thread, thanks
A strategy I used for indicies in the past. Would be interesting to see if it's viable automated.. so here goes.. tell me what you think (excuse my not so professional terms).

Buy orders:

On the 1H and 30Min and 15Min and 5Min and 1Min Timeframes, these conditions should be met:
The 35 Weighted Moving Average is above the 35 Exponential Moving Average and
price is above the 35 Weighted Moving Average and
price is above VWAP

Then - on the 1Min timeframe look for:

The 1st or 2nd positive MACD Histogram Bar (that went from negative to positive) and
it is the 2nd or more consecutive green candlestick (so close>open)

Then - place a buy order 1 tick above the high of that candle + place a stop loss: 1 tick below signal candle

Take Profit 1: 100% of the signal candle (1:1)
Take Profit 2: 200% of the signal candle (1:2)
Take Profit 3: 300% of the signal candle - optional, mainly if leaving a runner (1:3)
* Other possible take profit levels and stoploss - fib levels


Cancel pending orders:
If MACD histogram became negative before triggering buy order
or
Price went below the signal candle's low (without triggering the buy order that was above that candle..) - maybe an input that sets how many candle's after no trigger, pending orders should be cancelled.

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Sell orders:

On the 1H and 30Min and 15Min and 5Min and 1Min Timeframes these conditions should be met:
The 35 Weighted Moving Average is below the 35 Exponential Moving Average and
price is below the 35 Weighted Moving Average
and price is below VWAP

Then - on the 1Min timeframe look for:

The 1st negative MACD Histogram Bar (that went from positive to negative) and
it is the 2nd or more consecutive red candlestick (so close<open)

Then - place a sell order 1 tick below the low of that candle + place a stop loss: 1 tick above signal candle

Take Profit 1: 100% of the signal candle (1:1)
Take Profit 2: 200% of the signal candle (1:2)
Take Profit 3: 300% of the signal candle - optional, mainly if leaving a runner (1:3)
Take Profit 2: 200% of the signal candle
* Other possible take profit levels and stoploss - fib levels

Cancel pending orders:
If MACD histogram became positive before triggering sell order
or
Price went above the signal candle's high (without triggering the sell order that was below that candle..) - maybe an input that sets how many candles after no trigger, pending orders should be cancelled.

Other inputs:
- Time filter
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Hope it's understandable and I didn't forget anything also, attaching a snapshot.

Hi there , what do you think Treptrader - is this viable ?

Sorry for late response. but this is definitely doable! nice strategy

Thanks so much for the reply! Would be happy to hear of any adjustments or changes you think are needed, take your time! Appreciate it

Could you code it please? I have been trading it way for few months, and show good result..

Hi Shakka, I feel like i've seen a similar strat here on ff.. and I think they coded an ea for it.. let me see if I find it.

Hi Yaya21, thank you for replying..
Will wait for further info from you, thanks a lot..

Best regards, Shakka

Ok, so it was this one that I thought is similar - it's a weekly start, but tell me if it looks similar to you :

https://www.forexfactory.com/thread/...-system-weekly

Yes, it looks similiar to my strategy. But, the most important is the EA so I can operate it automatically, and unfortunately I can't find it there. Any suggestions?
Best regards, Shakka.

Did you by any chance look at the attachments ? take a look at post no. 1,751

I did, but that EA does not match with my trading conditions.
I've even tried all the EAs available in the thread, and no one match...

Ohhh, sorry.. ok, so lets hope Treptrader gets back to us

Hey there i apologize i had to get offline for a while to deal with some life happenings. but i wanted to ask if you would be down to get on a zoom video call so we can review ur strategy?

Have you found EA or shall i make it still?

Still have not. Would you mind to make it? I really need your help. Thx in advance...

Cool! Thanks so much! I'll pm you

Hi Treptrader one minute time frame , 200 ema . For buys price goes above the 200 ema the robot opens a trade at your desired lot and every1pip or whatever you choose it moves up the robot opens another trade and it keeps opening trades until price comes back and hits the 200 ema and the robot closes all the trades. Opposite for sells price goes below 200 ema and robot opens an order and if price keeps going down every pip or half pip whichever you choose it opens another and so on until price hits 200 ema. No stop loss required the 200 ema is the stop loss and you will get a few losses because price will whipsaw back and forth between buys and sells but when it finally goes you make all your losses back and then some. It’s kind of Dollar cost averaging no need to look for trend no analysis needed and price most of the time trends away from the 200 everyday on the Majors.

I forgot to mention the robot only opens a new trade once price clears the last trade so if you get a drawdown when buying price comes back up and only opens a new trade when it’s higher than the last highest trade hope that makes sense. It works best on the one minute timeframe because your trades usually close by the end of day with hopefully 2 trends that pulled away from the 200.

it makes sense but i dont fully undersand its operation as a profitable strategy. if you can get on a zoom call i may open tonight or tomorrow for strategy consultations. im a visual person