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JungleLion Scalping System

  • #181
  • Dec 29, 2008 6:48am Dec 29, 2008 6:48am
Quoting Piters
I see, you are picking Tops here bro..

Good job..
well the EA picked the long at 1.8145, so I do not know how you define tops.
  • #182
  • Dec 29, 2008 7:00am Dec 29, 2008 7:00am
Quoting junglelion
well the EA picked the long at 1.8145, so I do not know how you define tops.

lol, bro j/k on your post on Bottoms.. on GY..
doesnt matter...

cheers
  • #183
  • Dec 29, 2008 9:38am Dec 29, 2008 9:38am
Quoting Piters
lol, bro j/k on your post on Bottoms.. on GY..
doesnt matter...

cheers
atleast give a size to the tops like 48V as an example
  • #184
  • Dec 29, 2008 12:16pm Dec 29, 2008 12:16pm
Hi,

I've been trying out the Holyshit EA for a while, and I have some questions. Currently I am putting the last version to the test, and I wonder how it works more precise.

What TF is to recommend? 15M?

The settings for the indicators? T3 Period = 11?

You wrote earlier that if the EA is used on 15M it also covers 30M? I wonder when the order will be closed? When the trend changes on 15 and/or 30?

Are you most often letting the EA close orders by itself? I have tried this on daily TF and it never closed the orders. Would it be wise to have some sort of strategy with SL and TP?

Thanks!
  • #185
  • Dec 29, 2008 12:19pm Dec 29, 2008 12:19pm
Quoting junglelion
14 pips off the first trade, good one

fixed a small logic bug.

***
The ea will not work without these 2 indicators
http://www.forexfactory.com/showpost.php?p=2440089&postcount=164

Warning note:

Do not just add the ea and start using it, follow these steps first:

Go to strategy tester and optimize it for the best settings to be used for a given lot size and a given chart time.

Then use this optimized setting.

Else it will not perform as expected.
Attached File(s)
File Type: mq4 holyshit.mq4   3 KB | 340 downloads
  • #186
  • Dec 29, 2008 12:24pm Dec 29, 2008 12:24pm
Quoting Archie
Hi,

I've been trying out the Holyshit EA for a while, and I have some questions. Currently I am putting the last version to the test, and I wonder how it works more precise.

What TF is to recommend? 15M?

The settings for the indicators? T3 Period = 11?

You wrote earlier that if the EA is used on 15M it also covers 30M? I wonder when the order will be closed? When the trend changes on 15 and/or 30?

Are you most often letting the EA close orders by itself? I have tried this on daily TF and it never closed the orders. Would it be wise to...
What the latest version basically does it this:

 

  1. The setting pr becomes the ma_period for T3ma and time series forecast.
  2. It compares the trennd of current time with next higher time, if both are up then it buys.
  3. If at any time during the trade the current time changes to down it will close the trade and wait for an up signal again as long as the next higher time frame is up.

  1. If the next higher time frame suggests long, then this ea will not open short positions, but wait for a confirmation on current time to long.

  • #187
  • Dec 29, 2008 12:32pm Dec 29, 2008 12:32pm
Like in this chart of 5 min eu.

I first optimized it for use on 5 min chart and was suggested a setting of 39.

Then I used this setting on the ea and the indicators on the chart and got this trade opened up.



Had I used the standard setting of 11, I should be long with that setting

But at this optimized setting, I was suggested a short is better.

I got the idea of using optimized settings as per current situationn from the ATC Championships.

http://articles.mql4.com/506

In the future version of holyshit I will be working on the above concept of fully automated optimization.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 9 KB
  • #188
  • Dec 29, 2008 12:36pm Dec 29, 2008 12:36pm
If I plan to use holyshit on any other currency pair, then I need to optimize it first for that currency, otherwise it will simply give loss trades.
  • #189
  • Dec 29, 2008 12:38pm Dec 29, 2008 12:38pm
Thats +120 on an ea opened trade
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 9 KB
  • #190
  • Dec 29, 2008 12:40pm Dec 29, 2008 12:40pm
I am working hard to design something, where I am just required to go to the ATM to withdraw cash

The source code is open to anyone to add suggestions to make it better.
  • #191
  • Dec 29, 2008 12:57pm Dec 29, 2008 12:57pm
Quoting junglelion
I am working hard to design something, where I am just required to go to the ATM to withdraw cash

The source code is open to anyone to add suggestions to make it better.
And I figured with plenty of research that using 0.01 lot size, works best in building the account, there is absolutely no need to go higher than this.
  • #192
  • Dec 29, 2008 1:33pm Dec 29, 2008 1:33pm
manually closed at 1.3970, I need to sleep

+125 from that last trade was good.

This week I just get 40 hours more of trading time.
  • #193
  • Dec 29, 2008 4:48pm Dec 29, 2008 4:48pm
HolyShit Version 2:

Optimized for eurusd 5 min chart at setting 37.

This version trades based on current 5 min chart only, does not bother what the other time frame have to say.

Trades only on the cross of tsf and T3.

Can be risky during flat market conditions.
Attached Image (click to enlarge)
Click to Enlarge Name: holyshit_v2.jpg Size: 72 KB
Attached File(s)
File Type: mq4 holyshit_v2.mq4   2 KB | 426 downloads
  • #194
  • Dec 29, 2008 8:03pm Dec 29, 2008 8:03pm
In EA you are hardcoding the following:
iCustom(Symbol(),0,"Time Series Forecast",11,0,0);
IS it always you are passing 11 to Time series..


Quoting junglelion
HolyShit Version 2:

Optimized for eurusd 5 min chart at setting 37.

This version trades based on current 5 min chart only, does not bother what the other time frame have to say.

Trades only on the cross of tsf and T3.

Can be risky during flat market conditions.
  • #195
  • Dec 29, 2008 9:02pm Dec 29, 2008 9:02pm
Quoting skyscraper
In EA you are hardcoding the following:
iCustom(Symbol(),0,"Time Series Forecast",11,0,0);
IS it always you are passing 11 to Time series..
the latest version does this

double s1W = iCustom(Symbol(),pr2,"T3MA",pr,0.8,0,0);
double s2W = iCustom(Symbol(),pr2,"Time Series Forecast",pr,0,0);
double s1C = iCustom(Symbol(),0,"T3MA",pr,0.8,0,0);
double s2C = iCustom(Symbol(),0,"Time Series Forecast",pr,0,0);

allowing you to set the value of pr
  • #196
  • Dec 29, 2008 9:06pm Dec 29, 2008 9:06pm
Under the current market conditions

  1. holyshit_v2 will give false trades, because 5 min says down and 15 min says up.
  2. holyshit will not trade as both timeframes are different, making it safer to use.

  • #197
  • Dec 30, 2008 4:27am Dec 30, 2008 4:27am
Had I kept holyshit running, I would have collected atleast 60 pips here.

Since it is just a week old, its tough trusting it to leave it open, but then looking at this chart, I should trust it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 10 KB
  • #198
  • Edited 8:29am Dec 30, 2008 7:06am | Edited 8:29am
For those who are interested, here is a template for this system.
D/L the indie's from this thread.

I just added the Clock/Spread Monitor
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 17 KB
Attached File(s)
File Type: tpl junglelion1.tpl   23 KB | 609 downloads
File Type: ex4 Clock v1_2.ex4   14 KB | 472 downloads
I trade what I see on my charts. Do Not listen to the Muppets.
  • #199
  • Dec 30, 2008 9:08am Dec 30, 2008 9:08am
I can already tell I like Version I much better than V II.
The filtering seems essential.
I presume the Trendchaser EA is not needed with these?
Thanks , Mr. Lion. This might easily be the ATM machine you mentioned.
Best regards, Glenn

Thanks for the Template, VAnHook.
  • #200
  • Dec 30, 2008 11:21am Dec 30, 2008 11:21am
Quoting junglelion
http://www.forexfactory.com/showpost.php?p=2440089&postcount=164

Warning note:

Do not just add the ea and start using it, follow these steps first:

Go to strategy tester and optimize it for the best settings to be used for a given lot size and a given chart time.

Then use this optimized setting.

Else it will not perform as expected.
-------------------------------------------
I have been trying to get the ea to work, but no, does not work, can anyone explain were to get more exact information, on the settings, thanks
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