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JungleLion Scalping System

  • #121
  • Dec 17, 2008 8:51pm Dec 17, 2008 8:51pm
eurusd Trend Move Expectations:
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  • #122
  • Dec 17, 2008 8:56pm Dec 17, 2008 8:56pm
gbpusd expectations:

i could be wrong here because i do not trade this pair.
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  • #123
  • Dec 17, 2008 8:57pm Dec 17, 2008 8:57pm
Quoting junglelion
Name the EA

Holyshit will trade
The other ones will not.
I just run "holyshit" ea which you attached in your last post (post 111).

I doesn't work. I used Alpari demo.
Discipline + Patience - Fear - Greed = Success
  • #124
  • Dec 17, 2008 8:58pm Dec 17, 2008 8:58pm
gbpjpy weekly, we still don't have a bottom:
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Attached Image
  • #125
  • Dec 17, 2008 9:02pm Dec 17, 2008 9:02pm
Quoting arezab
I just run "holyshit" ea which you attached in your last post (post 111).

I doesn't work. I used Alpari demo.
extern double lots = 0.01;
extern double SL = 1000;

does alpari support 0.01 lots ??? if not then change this value.
  • #126
  • Dec 17, 2008 9:06pm Dec 17, 2008 9:06pm
Chart patterns to look for and avoid trading !!!

On a 30 min chart, if I get this chart pattern, I am always on the sidelines as this is the most dangerous time to open trades.

But at the same time the best place to look for breakouts.
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  • #127
  • Dec 17, 2008 9:23pm Dec 17, 2008 9:23pm
damn hell, i have it now

i was always trying to figure out a good filter for the holyshit ea.

i decided to code it this way

if weekly trend is up then no matter what timeframe you choose, open buy trades only and close only in profits.

if weekly is down then open only sell trades and close in profits.

and open only 1 trade at a time.

this should work well with both MM and consistent trading concept.

account growth here i come
  • #128
  • Dec 17, 2008 9:37pm Dec 17, 2008 9:37pm
Quoting junglelion
damn hell, i have it now

i was always trying to figure out a good filter for the holyshit ea.

i decided to code it this way

if weekly trend is up then no matter what timeframe you choose, open buy trades only and close only in profits.

if weekly is down then open only sell trades and close in profits.

and open only 1 trade at a time.

this should work well with both MM and consistent trading concept.

account growth here i come
Marvelous, this concept does work

here is the code.
Attached File(s)
File Type: mq4 holyshit.mq4   3 KB | 431 downloads
  • #129
  • Dec 17, 2008 9:43pm Dec 17, 2008 9:43pm
Quoting junglelion
Marvelous, this concept does work

here is the code.
well well, now this is the first EA which has given me some good results on strategy tester to satisfy me.

I am still worrying on the SL concept for trend change on weekly.
  • #130
  • Dec 17, 2008 9:53pm Dec 17, 2008 9:53pm
Quoting junglelion
well well, now this is the first EA which has given me some good results on strategy tester to satisfy me.

I am still worrying on the SL concept for trend change on weekly.
Despite trading a $10K account at just 0.01 it has shown a good promise.

But, my main worry is how to handle those 3 , 1000 pip SL's we hit along the way due to trend change on weekly.
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  • #131
  • Dec 17, 2008 10:21pm Dec 17, 2008 10:21pm
Quoting junglelion
Chart patterns to look for and avoid trading !!!

On a 30 min chart, if I get this chart pattern, I am always on the sidelines as this is the most dangerous time to open trades.

But at the same time the best place to look for breakouts.
well this is what i meant by avoiding this chart pattern, it was crying for a short, despite higher time frames in uptrend, we had to see some correction here first.
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  • #132
  • Dec 18, 2008 2:08am Dec 18, 2008 2:08am
HolyShit grabbed the entire move !!!

Stunning performance.
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  • #133
  • Edited 4:36am Dec 18, 2008 4:25am | Edited 4:36am
Well atleast I got this bugger to finally work on a 5 min chart, without a major draw down.

Now I need to work on that dump in the end of the graph.


** figured out the reason it was a 1000 pip SL hit.
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  • #134
  • Dec 18, 2008 4:58am Dec 18, 2008 4:58am
Hi Jungle,

I just thought in the mornig tha try your system nothing to loose, and made by all pair on marketiva I could trade.
After a few hours, I was suprprised by the results: net 1248 pip

Live long great forex maharajah
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100 pips a day, keeps the doctor away
  • #135
  • Dec 18, 2008 6:28am Dec 18, 2008 6:28am
Quoting fxkred
Hi Jungle,

I just thought in the mornig tha try your system nothing to loose, and made by all pair on marketiva I could trade.
After a few hours, I was suprprised by the results: net 1248 pip

Live long great forex maharajah
i could count 11 different pairs on a live account !!

and good MM, thats important in forex.

congrats
  • #136
  • Dec 18, 2008 8:09am Dec 18, 2008 8:09am
One more good scalp picked up.

With 4 hour T3 broken, we will see some good moves here.

At 2 pips EU is a lot safer than GJ and is currently really moving its butt
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  • #137
  • Dec 18, 2008 8:16am Dec 18, 2008 8:16am
We will correct all the way down to 1.37 roughly.

I can be wrong, so do your own chart reading please.
  • #138
  • Dec 18, 2008 10:39am Dec 18, 2008 10:39am
Hi,

I have tried the original Holyshit EA this week. The first three days I was
+112% on a $400 account, but today I first went up to +140% and then it dived down to +63%. It is still good for less than one week of trading, but the problem is the large losses that happened today. The trend according to the new holyshit EA is down, but the trend according to the original one is up, and currently the EU is going down.

How does the new EA work? When does it close trades so that profits are realized? I have tried the original EA with trailing stop and it worked really good, until today when it dived. Is this anything to recommend?

Also what TF is the best for the EA. Currently testing the new one on 5M and the old on daily.
  • #139
  • Dec 18, 2008 11:42am Dec 18, 2008 11:42am
Quoting Archie
Hi,

I have tried the original Holyshit EA this week. The first three days I was
+112% on a $400 account, but today I first went up to +140% and then it dived down to +63%. It is still good for less than one week of trading, but the problem is the large losses that happened today. The trend according to the new holyshit EA is down, but the trend according to the original one is up, and currently the EU is going down.

How does the new EA work? When does it close trades so that profits are realized? I have tried the original EA with trailing stop...
I am still testing this bugger, for gods sake don't try it on live

not till i have all the filters in,

my worst problem is avoiding flat market conditions, because that is when everything goes for a toss.
  • #140
  • Dec 18, 2008 11:45am Dec 18, 2008 11:45am
I am looking for a really good professional mql4 programmer to discuss some ideas with, since what i need requires some real expert coding.

Something to do with trignometric functions.
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