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JungleLion Scalping System

  • #421
  • Jan 9, 2009 5:43am Jan 9, 2009 5:43am
Quoting Islander
No, at present I'm using the 1 minute TF for all testing - I will try other TFs later
how about setting xpma and time forecact ....are you using indicator at post 396 that with holyshiteuro
  • #422
  • Jan 9, 2009 6:00am Jan 9, 2009 6:00am
Quoting sahran
how about setting xpma and time forecact ....are you using indicator at post 396 that with holyshiteuro
Yes, both are set to 52....
Trading Levels with WRBs
  • #423
  • Jan 9, 2009 6:01am Jan 9, 2009 6:01am
morning all,

I have everything loaded it looks ok except for the smiley face in the upper right hand corner of the chart has a frown instead of a smiley. AM i missing omething thanks.
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #424
  • Jan 9, 2009 6:07am Jan 9, 2009 6:07am
Getting creamed here on USD/JPY


Working Orders: TicketOpen TimeTypeSizeItem PriceS / LT / PMarket Price No transactions Summary: Deposit/Withdrawal: 300 000 Credit Facility: 0 Closed Trade P/L: -30 384 Floating P/L: -300 Margin: 9 077 Balance: 269 616 Equity: 269 316 Free Margin: 260 239
Starting to see instead of just looking.
  • #425
  • Jan 9, 2009 6:11am Jan 9, 2009 6:11am
Quoting Farmboy
morning all,

I have everything loaded it looks ok except for the smiley face in the upper right hand corner of the chart has a frown instead of a smiley. AM i missing omething thanks.
First go to tools, options, expert advisors and make certain that the top box is ticked, also the Allow live trading box in the common tab of the frowning icon should be ticked......
Trading Levels with WRBs
  • #426
  • Jan 9, 2009 6:12am Jan 9, 2009 6:12am
Quoting Islander
Yes, both are set to 52....
WTF?

We have to set both TFS & xpMA to 52 on 1m TF?

No wonder I got creamed.
I was using the out of the box settings as it was stated there was no need to change anything because it is hardcoded. Also a 30 min TF was mentioned.

Nooooooooooooooooooo(*&(*&$&RIUHERUIYREYR(&0(*&&&&90040-49853


Do any other settings need to be changed apart from the above?
Just made new account and will be testing again on EUR/USD USD/JPY EUR/JPY
Starting to see instead of just looking.
  • #427
  • Jan 9, 2009 6:16am Jan 9, 2009 6:16am
that did it thanks islander
by Thich Nhat Hanh "Smile, breathe and go slowly."
  • #428
  • Jan 9, 2009 6:23am Jan 9, 2009 6:23am
hi,

I am testing with holyshit_eurusd with M30 TF, and so far the results -68 pips and -3 floating loss as I am writing now..

anyone same with me?

thanks
  • #429
  • Jan 9, 2009 6:31am Jan 9, 2009 6:31am
Looking better now..
Attached Image (click to enlarge)
Click to Enlarge Name: CHART.jpg Size: 161 KB
Starting to see instead of just looking.
  • #430
  • Jan 9, 2009 6:32am Jan 9, 2009 6:32am
Quoting crushbeat
hi,

I am testing with holyshit_eurusd with M30 TF, and so far the results -68 pips and -3 floating loss as I am writing now..

anyone same with me?

thanks
Is that with the 52 setting in xpMA & TFS on 30mTF?
Starting to see instead of just looking.
  • #431
  • Jan 9, 2009 6:40am Jan 9, 2009 6:40am
Quoting Rastaman
Is that with the 52 setting in xpMA & TFS on 30mTF?
no, i just put it on tf m30...

so it is not OK, is it?

thanks
  • #432
  • Jan 9, 2009 6:52am Jan 9, 2009 6:52am
Quoting Rastaman
WTF?

We have to set both TFS & xpMA to 52 on 1m TF?

No wonder I got creamed.
I was using the out of the box settings as it was stated there was no need to change anything because it is hardcoded. Also a 30 min TF was mentioned.

Nooooooooooooooooooo(*&(*&$&RIUHERUIYREYR(&0(*&&&&90040-49853


Do any other settings need to be changed apart from the above?
Just made new account and will be testing again on EUR/USD USD/JPY EUR/JPY

That's my take on what JL posted.....I'm seeing some whipsaw trades when price chops before moving off into a trending move - well a 1 min trend which
is probably finished in 2 x 30 min bars http://www.forexfactory.com/images/icons/icon11.gif

But so far its making good prifits since FO /LO.....how it will do in the Asian session remains to be seen, but we always have the option of switching it off....trying to make an EA work in ALL market conditions is IMO impossible and I'm happy to maximise profit during the more active trading times...
Trading Levels with WRBs
  • #433
  • Jan 9, 2009 7:01am Jan 9, 2009 7:01am
I got creamed last night I just let it run with all the CORRECT settings
I don't get it
it seams to open and close orders as fast as it can with a 2 3 pip loss

????????????????????????????
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 88 KB
  • #434
  • Jan 9, 2009 7:41am Jan 9, 2009 7:41am
Quoting dryclean
I got creamed last night I just let it run with all the CORRECT settings
I don't get it
it seams to open and close orders as fast as it can with a 2 3 pip loss

????????????????????????????
same with you, dryclean.
Lost a lot with this EA...

is there anything wrong?

thanks
  • #435
  • Jan 9, 2009 7:48am Jan 9, 2009 7:48am
Quoting crushbeat
no, i just put it on tf m30...

so it is not OK, is it?

thanks
I am late into this thread after only discovering it last night however, I think people had been discussing how the 13 setting was not so good and it got changed to 52. That said, this was before JL made the latest EA.

I got creamed on the 30 min TF with EUR/USD USD/JPY & EUR/JPY with the settings at 13.
I just changed them to 52 and the 1m TF things are looking better but there seems to be a lot of ranging going on right now.
Starting to see instead of just looking.
  • #436
  • Edited 8:07am Jan 9, 2009 7:48am | Edited 8:07am
I am getting creamed again on 1m TF with the 52 setting.
-270 pips on EUR/USD

With my very brief experience with EA's it appears that that it is just letting the profit run too far before ending the trade and very often, profit is being eroded or the worse case scenario, becomes a loss.
I suppose if we manually close the trades it will improve performance.
Starting to see instead of just looking.
  • #437
  • Jan 9, 2009 8:03am Jan 9, 2009 8:03am
Quoting crushbeat
same with you, dryclean.
Lost a lot with this EA...

is there anything wrong?

thanks
I do hope that you mean that your demo account lost a lot.....as JL posted, this EA is still under development and NOT for live trading..http://www.forexfactory.com/images/icons/icon11.gif...and yes, it doesnt like sideways chop, but then no EA does...and now I think, neither do most traders like chop....
Trading Levels with WRBs
  • #438
  • Jan 9, 2009 8:07am Jan 9, 2009 8:07am
Quoting Islander
I do hope that you mean that your demo account lost a lot.....as JL posted, this EA is still under development and NOT for live trading..http://www.forexfactory.com/images/icons/icon11.gif...and yes, it doesnt like sideways chop, but then no EA does...and now I think, neither do most traders like chop....
nope, it is still on demo acc... but the EA does kill my demo acc..
do you have the same situation with me?

thanks
  • #439
  • Jan 9, 2009 8:29am Jan 9, 2009 8:29am
Quoting crushbeat
nope, it is still on demo acc... but the EA does kill my demo acc..
do you have the same situation with me?

thanks
yes - I've just run through the trades and its getting whipsawed to death before catching the trend......I had 20 trades in 6 hours on GBPCHF - 18 loosers for -240 and 2 winners for +263, net +23!

I've just closed the last 4 trades manually for + ~320 and will now wait for some input from JL - he's certain to monitoring this thread.....
Trading Levels with WRBs
  • #440
  • Jan 9, 2009 8:30am Jan 9, 2009 8:30am
Quoting crushbeat
nope, it is still on demo acc... but the EA does kill my demo acc..
do you have the same situation with me?

thanks
Yeah, it blew my demo account this afternoon and I thought it was just the 13 setting that I had not changed. However, this is a new account and it just lost over $400 in less than an hour.

Just wondering if a 15.3.3 Stochastic would work with this system as an exit on overbought and oversold? Looks reasonably feasible on my charts.
Attached Image (click to enlarge)
Click to Enlarge Name: stoch.jpg Size: 121 KB
Starting to see instead of just looking.
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