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Scalping System by Machine

  • #281
  • Oct 15, 2024 11:28pm Oct 15, 2024 11:28pm
Quoting MachineLearn
{quote} Welcome to the thread, look forward to seeing your trades
Thanks, I lost a lot yesterday tho, I guess 8 a.m is not a great time to trade. I've read all posts in this thread, but still could not decide which pairs to trade, what would you recommend? Also, even if I do 1:1 RRR I don't get +1R due to the fees. Should I do like 1.05RRR? Now I am exploring info about EVEREX indicator, I think it's useful and can provide more info than regular vol bars. I guess by using it, engulfing after bounce, s&r and RSI I can get profitable with this system(I am really kind of person who loses his mind by having lots of trade opportunities. I am going to keep updating about my trading path in this thread.
  • #282
  • Oct 16, 2024 5:14am Oct 16, 2024 5:14am
Quoting MachineLearn
working concept: ignore I’m observing a more fined turned approach to the volume increase rule. Theres advanced indicators out there that can fulfill the same purpose of that rule but with more of a nuanced analysis. Larger volume can often tell us multiple things, but most importantly it tells us that there’s liquidity in the play at hand and confirms our alignment with larger players. However, well this is important it may be redundant with ATR and Percent candle close rule. So using the same logic but with a different approach I’m looking at...
So, do you mean effort should be higher(lower band) or result( upper band) on setup candle to get in a trade? Thanks in advance.
  • #283
  • Oct 21, 2024 7:39am Oct 21, 2024 7:39am
Morning, many pips to all...

Nothing worth having in life comes easy.

If trading was easy everyone would do it.

Stay disciplined.
  • #284
  • Edited 11:47am Oct 22, 2024 4:00am | Edited 11:47am
Hello ML!
Let me inject
Quoting MachineLearn
Trading System Rules:
Logic transcription:
If {
current local time is 9:00 - 19:00 (from FO to FO+10 hours)
candle is just closed
there is no open trades
price < EMA20
closed candle is bearish
previous candle is bullish
closed candle body > 75% of this candle high-low range
closed candle volume > previous candle volume
}
then {
sell
set sl = closed candle high
set tp = sl
}

If {
current local time is 9:00 - 19:00 (from FO to FO+10 hours)
candle is just closed
there is no open trades
price > EMA20
closed candle is bullish
previous candle is bearish
closed candle body > 75% of this candle high-low range
closed candle volume > previous candle volume}
then{
buy
set sl = closed candle low
set tp = sl}

MQL4:
Attached File(s)
File Type: mq4 ML minute TPfix.mq4   3 KB | 237 downloads

Test 2024 R:R=1
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 38 KB

But
I trade everyday in profit trailing my SL to the open of every candle closed in my diretion. Will try to implement it into my EA or maybe someone can help.
Just an opinion. Based on research
  • #285
  • Oct 22, 2024 7:59am Oct 22, 2024 7:59am
Quoting since80808
Hello ML! Let me inject {quote} Logic transcription: If { current local time is 9:00 - 19:00 (from FO to FO+10 hours) candle is just closed there is no open trades price < EMA20 closed candle is bearish previous candle is bullish closed candle body > 75% of this candle high-low range closed candle volume > previous candle volume } then { sell set sl = closed candle high set tp = sl } If { current local time is 9:00 - 19:00 (from FO to FO+10 hours) candle is just closed there is no open trades price > EMA20 closed candle is bullish previous...
amazing! maybe you could reverse the trade signal then its a winner
  • #286
  • Edited 11:48am Oct 22, 2024 10:20am | Edited 11:48am
Quoting mario777
reverse the trade signal then its a winner
)))))))) Wonderful idea, I'll try.
Just an opinion. Based on research
  • #287
  • Oct 24, 2024 4:47am Oct 24, 2024 4:47am
Quoting MachineLearn
This system operates with a strong emphasis on its rules
Hello!
What I have now and ready to share:
Semi-auto EA - opens trades with the post#1 rules and sets SL. You can set TP 1:1 or trail or exit any other way manually.
Indicators and TPL are attached for the visual control.
Please test and... Maybe, let's make this tread live again?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Attached File(s)
File Type: zip ML.zip   36 KB | 250 downloads
Just an opinion. Based on research
  • #288
  • Edited 9:39am Oct 24, 2024 9:25am | Edited 9:39am
Quoting Iamfx
Gday Machine Nice system. Any chance you have a mt4 version of the 75% indy?
You can try superScalper strategy for better results
{ virus risk deleted by staff }
  • #289
  • Edited 9:41am Oct 24, 2024 9:30am | Edited 9:41am
Quoting kizerage212
{quote} You can try superScalper strategy for better results { virus risk deleted by staff }
Virus
Just an opinion. Based on research
  • #290
  • Oct 25, 2024 6:52am Oct 25, 2024 6:52am
Quoting since80808
{quote} Hello! What I have now and ready to share: Semi-auto EA - opens trades with the post#1 rules and sets SL. You can set TP 1:1 or trail or exit any other way manually. Indicators and TPL are attached for the visual control. Please test and... Maybe, let's make this tread live again? {image} {file}
where can I fill in the TP and can you also make the EA fro MT5 please?
  • #291
  • Oct 26, 2024 9:55am Oct 26, 2024 9:55am
Quoting oneilboy
{quote} where can I fill in the TP and can you also make the EA fro MT5 please?
r:r tp or trail is manual - my ea only opens and set sl just to help scalpers eyes sitting in front of monitor with m1 charts
I'll convert to mql5 on monday but will ask you to test
Just an opinion. Based on research
  • #292
  • Oct 31, 2024 7:50am Oct 31, 2024 7:50am
Quoting oneilboy
{quote}MT5 please?
Sorry for the delay
Attached File(s)
File Type: mq5 ML.mq5   7 KB | 209 downloads
Just an opinion. Based on research
  • #293
  • Nov 4, 2024 3:54pm Nov 4, 2024 3:54pm
Quoting since80808
{quote} Hello! What I have now and ready to share: Semi-auto EA - opens trades with the post#1 rules and sets SL. You can set TP 1:1 or trail or exit any other way manually. Indicators and TPL are attached for the visual control. Please test and... Maybe, let's make this tread live again? {image} {file}
Why this EA doesn't open trades on me?
  • #294
  • Last Post: Jan 18, 2025 10:17am Jan 18, 2025 10:17am
[quote=jblanked;15029052]
Quoting Ovikez
{quote} Sorry, the jaguar file was decompiled, so no help from me. {image}
pls Sir help me convert to mq5 pls thanks alot
Attached File(s)
File Type: mq4 Cci CciMa Cross (arrows +alerts).mq4   16 KB | 137 downloads
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