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Daily Scalping EA - Discussion Thread

  • #281
  • Apr 26, 2007 5:00pm Apr 26, 2007 5:00pm
Alright so IBFX is GMT aligned. So the shift is 0. Got everything all lined up.

Now a new issue has cropped up! I have MT4 installed on 3 computers. My desktop at home, my laptop at home, and my work computer. I've loaded this EA on all three but it only seems to be working on the desktop at home. Correct me if I'm wrong but when I open up MT4 there is supposed to be a little smiley face next to the name of the EA (Daily Scalping EA v1.0h) right? On my laptop and work computers only an X shows up. Also, there is supposed to be some text on the left side if the EA runs properly (Midnight Order, etc.) correct? That doesn't show up either.

The laptop WAS working about a week ago when I had mistakenly set the GMT shift to 6 and it was making pips (suprisingly) but around the time I set the GMT shift to 0 it stopped.

Anyone have any ideas? Suggestions would be appreciated.
  • #282
  • Apr 26, 2007 5:05pm Apr 26, 2007 5:05pm
Quoting MasterOfDomain
Alright so IBFX is GMT aligned. So the shift is 0. Got everything all lined up.

Now a new issue has cropped up! I have MT4 installed on 3 computers. My desktop at home, my laptop at home, and my work computer. I've loaded this EA on all three but it only seems to be working on the desktop at home. Correct me if I'm wrong but when I open up MT4 there is supposed to be a little smiley face next to the name of the EA (Daily Scalping EA v1.0h) right? On my laptop and work computers only an X shows up. Also, there is supposed to be some text on the left side if the EA runs properly (Midnight Order, etc.) correct? That doesn't show up either.

The laptop WAS working about a week ago when I had mistakenly set the GMT shift to 6 and it was making pips (suprisingly) but around the time I set the GMT shift to 0 it stopped.

Anyone have any ideas? Suggestions would be appreciated.
You most probably changed/switched the account on your mt4 platform so the EA was disabled. To enabled it again you have to open menu TOOLS -> OPTIONS and search for EXPERT ADVISOR Tab, then you have to check the flag on 'Enable Expert Advisors (Except for Custom Indicator and script)
  • #283
  • Apr 26, 2007 5:18pm Apr 26, 2007 5:18pm
Quoting skyline
You most probably changed/switched the account on your mt4 platform so the EA was disabled. To enabled it again you have to open menu TOOLS -> OPTIONS and search for EXPERT ADVISOR Tab, then you have to check the flag on 'Enable Expert Advisors (Except for Custom Indicator and script)

You know I just enabled it and was about to post here reprimanding myself but you beat me to it. Thanks again skyline!
  • #284
  • Apr 28, 2007 11:46am Apr 28, 2007 11:46am
Hi Skyline,

One more question on daily scalping EA

You said that it was intended for scalping, but on your setting, I see that you set TP at 200 ...., do you mean 200 pips? it's so huge, and 200 pips leap is rarely happen overnight.

To my knowledge so far, scalping is when you got in and out of a trade by taking profit at 6 pips or less, so it will be small profit but a lot of trade in a day

Based on your experience, how many trade per day this EA generate?

Thank's and best regards http://www.forex-tsd.com/images/smilies/smile.gif
andy_r
  • #285
  • Apr 29, 2007 9:20pm Apr 29, 2007 9:20pm
Quoting andy_r
Hi Skyline,

One more question on daily scalping EA

You said that it was intended for scalping, but on your setting, I see that you set TP at 200 ...., do you mean 200 pips? it's so huge, and 200 pips leap is rarely happen overnight.

To my knowledge so far, scalping is when you got in and out of a trade by taking profit at 6 pips or less, so it will be small profit but a lot of trade in a day

Based on your experience, how many trade per day this EA generate?

Thank's and best regards http://www.forex-tsd.com/images/smilies/smile.gif
andy_r

Guys,

Regarding my last post, I think 200 pips on GBPJPY is OK, because it is a forex crosses. It's just because i'm not used to trade that pair ...... keep on scalping skyline !
  • #286
  • Apr 30, 2007 2:00am Apr 30, 2007 2:00am
This EA is working great when you use trailing stop because after I backtesting from skyline's live report there is several trade that don't have to losse infact we can still grab 10 pips or more if we use trailing stop. But there is something that bother me, my order at IBFX and FXDD is not the same. Just like today my IBFX demo acc open a buy trade GBPJPY at 238.20 but 5 minutes later my FXDD acc open a sell trade GBPJPY at 238.48. I wonder why? Can anybody answer my question.
  • #287
  • May 1, 2007 3:45am May 1, 2007 3:45am
Quoting alpin
This EA is working great when you use trailing stop because after I backtesting from skyline's live report there is several trade that don't have to losse infact we can still grab 10 pips or more if we use trailing stop. But there is something that bother me, my order at IBFX and FXDD is not the same. Just like today my IBFX demo acc open a buy trade GBPJPY at 238.20 but 5 minutes later my FXDD acc open a sell trade GBPJPY at 238.48. I wonder why? Can anybody answer my question.
Hi Alpin, it's very strange, try to check settings about sunday candle that if is set wrong could leads to different orders opened
  • #288
  • May 1, 2007 3:52am May 1, 2007 3:52am
* Removed the statement link from my signature because that report caused some issue with EA (last 27th and 30th opened only 1 order) *
  • #289
  • May 1, 2007 4:20am May 1, 2007 4:20am
Quoting pikoeloen
Dear All...

Hiiii



Greetings the honour



Thanks
Bye bye stupid guy...
  • #290
  • May 1, 2007 5:34am May 1, 2007 5:34am
Quoting skyline
Hi Alpin, it's very strange, try to check settings about sunday candle that if is set wrong could leads to different orders opened
I've already check it, my FXDD setting the sunday candle is false since FXDD doesn't provide sunday candle and my IBFX setting the sunday candle is true. Are these setting make those two different?
  • #291
  • May 1, 2007 12:18pm May 1, 2007 12:18pm
Quoting alpin
I've already check it, my FXDD setting the sunday candle is false since FXDD doesn't provide sunday candle and my IBFX setting the sunday candle is true. Are these setting make those two different?
No the EA should opens the same orders , maybe something else happened
  • #292
  • May 7, 2007 6:16am May 7, 2007 6:16am
Hi Skyline been following the TK manual and your thread for what seems like a long time and have finally converted from manual and paper over to MT4 EA on MIGFX.

Results look pretty good, but was going through the journal and am getting lots of 130 errors invalid stops could this be me and MT4 as i am no expert on using it.

Any advice really appreciated
  • #293
  • May 7, 2007 8:57am May 7, 2007 8:57am
Skyline,

This was me putting in bad values for the trailing stops i think, how do we use the TS value in the expert?

Also when running this against GBP/USD I am experiencing some pretty big drawdown for April are you using GBP/JPY for your 555 pips since March 6th?

Thanks great stuff

Jeff
  • #294
  • May 7, 2007 9:47am May 7, 2007 9:47am
Quoting webdevjeff
Hi Skyline been following the TK manual and your thread for what seems like a long time and have finally converted from manual and paper over to MT4 EA on MIGFX.

Results look pretty good, but was going through the journal and am getting lots of 130 errors invalid stops could this be me and MT4 as i am no expert on using it.

Any advice really appreciated
Hi webdevjeff,
may be you are using stop loss to much low and not allowed by your broker.

Edit : I'm reading now your post below, actually the TS is not working properly so it's better that you put it 0 to avoid further problem. In next version I'll try to fix.
I cannot help on GBPUSD since I never tested it, I'm testing only GBPJPY but now I turned off it on my live account since I'm testing another manual strategy but I'm still monitor Daily Scalping EA in a demo account.

Cheers,
Skyline
  • #295
  • Edited 11:40am May 7, 2007 9:58am | Edited 11:40am
Attachment Thanks skyline

Just been testing away with different parameter sets for a period of 4th March forwards.

Here are my best results so far...

I'm going to test these out for a little while and see how it goes.

Will keep you posted

Jeff....

Sorry put up the wrong zip file before.........duh... :-)
Attached File(s)
File Type: zip StrategyTesterScalpEa (2).zip   14 KB | 801 downloads
  • #296
  • May 8, 2007 5:03am May 8, 2007 5:03am
Hi can anyone shed some light on what this error is I keep getting

2007.05.08 11:01:32 Daily Scalping EA v1.0hATRb GBPJPY,H1: ERROR ON SELL ORDER (4109) : trade is not allowed in the expert properties Lots :1 Bid :238.94 TP :238.44 SL :239.15


Thanks
  • #297
  • May 10, 2007 1:56am May 10, 2007 1:56am
I am testing Daily GPBUSD with heavy drawdown, USDJPY and EURJPY work OK though.
  • #298
  • May 27, 2007 12:31pm May 27, 2007 12:31pm
Thanks for this great share brother. I am delighted to use it.

All the best
If you are looking for a forex book, ask me!
  • #299
  • May 28, 2007 6:04pm May 28, 2007 6:04pm
I'm testing it too and see some heavy drawdown on Cable. Thanks Skyline for sharing. I'm curious on what are you working now.
  • #300
  • May 29, 2007 2:10am May 29, 2007 2:10am
Hi Guys, yes this past months was terrible for this system, normally I test EA over GBPJPY that seems to performs better than other pairs. Anyway actually i'm trying to study how to apply to this system the antihedge method introduced by Jacko in another thread , which could reduce drastically drawdown.
I'll keep you informed here on my progress on this.


Skyline
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