eur/usd scalping method | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Bazza's Scalping method 48 replies

Indicators and Rules for Simple Method of Scalping GBP/Jpy on 5 min chart 18 replies

4hr - 1hr Scalping Method 9 replies

bo7a method... method for GBP/JPY 205 replies

Scalping Method for EURO and YEN 4 replies

Attachments: eur/usd scalping method
Exit Attachments

eur/usd scalping method

  • #301
  • Jan 17, 2009 1:55pm Jan 17, 2009 1:55pm
Quoting mrproper
Hi, Ronald,

Thanks for writing the ea. Could you put in the following code into your ea?

Inserted Code
[font=Arial]if(AccountFreeMargin()<(1*Lots)){
      Print("We have no money. Free Margin = ", AccountFreeMargin());
      return(0);[/font]

I found the ea is still trying to open positions even after it runs out of money.
There is a version of that in the code already...
  • #302
  • Jan 17, 2009 2:45pm Jan 17, 2009 2:45pm
Thanks for sharing. I tested it manually, I like this system. I would love to know results of others who are live. I will share mine too.
  • #303
  • Jan 17, 2009 2:59pm Jan 17, 2009 2:59pm
Quoting Ronald Raygun
You've been forward testing today? What broker do you use? I ask because today is Saturday, and the market is closed.

As for PSAR being spread out, it's nice to look at visually, but if I were to give you a set of numbers, (the values of each dot). How do you pick which one to use?
Hi Ronald..
Check the indicator I posted. It is a modified PSAR indicator.. and it goes green to light green when it is spreading out. So the code must be there to change the color of dots.. just use those value..
say for example..
1st dot is 8567
2nd dot is 8568
3rd dot is 8570

2nd dot and third dot has diff of 2 .. it is when the DOTS spread out and dots become green to light green.
So the ea should be..
when slop is green and last 2 dots value diff is 2 or more in upside ( User can set this on properties) it fires the trade..

in a brief.. see the indicator i have attached in my last post. when the dots become green to light green and slope is up.. fire the trade..

I hope it may help..

Thanks anyway for the EA that we already have.. i think we can make this better even...

In future if we can do this after that we can then filter the trade against the trend this way we can have more winning trades...

Also ronald have a look at the attached Pic.. it is a momentum indicator. Is it possible for u to code this for Metatrader?
http://i452.photobucket.com/albums/q...8/momentum.jpg
Thanks
  • #304
  • Jan 17, 2009 9:08pm Jan 17, 2009 9:08pm
Aminur,

I appreciate your enthusiasm for this system and respect your drive to improve it.

However, I will not code every indicator/adjustment/tweak/etc possible. Can you please explain why you want a specific modification and more importantly, how the modification helps?
  • #305
  • Jan 17, 2009 11:56pm Jan 17, 2009 11:56pm
Hi Ronald..
Check ur PM..
The thing is to work with this system..
If u have SLOPE / PSAR with spread out dots .. along with Momentum..
in same direction .. it will give u some pips every time..
u may notice PSAR sometimes put dots in choppy market too..
but PSAR only goes green to light green when there is a move..

my idea is to stick with the main system and momentum and Modified psar to filter out some signal that won't work..

Thanks
  • #306
  • Jan 18, 2009 12:08am Jan 18, 2009 12:08am
Quoting iopoipoi
Hi Ronald,

still I am trying to understand your EA,
it gets me wonder even if still I am collecting only losses

Sometimes happens strange things
I would like to know if there si something only on mine
or if others have occurred in the same problem.

The settings are the basic, with false on eachtickmode

why it opens positions when it should not?

thanks for your help
regard
iopoipoi
Are you sure the indicator settings match the EA settings?
  • #307
  • Jan 18, 2009 9:06am Jan 18, 2009 9:06am
Quoting aminur
Hi Ronald..
Check the indicator I posted. It is a modified PSAR indicator.. and it goes green to light green when it is spreading out. So the code must be there to change the color of dots.. just use those value..
say for example..
1st dot is 8567
2nd dot is 8568
3rd dot is 8570

2nd dot and third dot has diff of 2 .. it is when the DOTS spread out and dots become green to light green.
So the ea should be..
when slop is green and last 2 dots value diff is 2 or more in upside ( User can set this on properties) it fires the trade..

in a brief.....
Hi Aminur :
where do you post that PSAR indicator modified ??

Regards
Juntando pips .... esa es la idea
  • #308
  • Jan 19, 2009 12:01am Jan 19, 2009 12:01am
Quoting BigB@ang
Hi Aminur :
where do you post that PSAR indicator modified ??

Regards

this is the post
Quote
Quote
http://www.forexfactory.com/showpost...&postcount=291
  • #309
  • Jan 19, 2009 1:50am Jan 19, 2009 1:50am
Hi ronald,

I downloaded the latest EA and forward test.I set the 'close on opposite signal' to false but it still close the position when it havent reach the stop loss.can you advise me on this?
  • #310
  • Jan 19, 2009 3:47am Jan 19, 2009 3:47am
Quoting Ronald Raygun
Are you sure the indicator settings match the EA settings?

i checked and it was ok,

i will let you know if it happens again

thanks!
  • #311
  • Jan 19, 2009 7:34am Jan 19, 2009 7:34am
Quoting darrenlck
Hi ronald,

I downloaded the latest EA and forward test.I set the 'close on opposite signal' to false but it still close the position when it havent reach the stop loss.can you advise me on this?
The PSAR and slope line were opposite each other most likely. If you want to stop that problem from happening, set "EachTickMode" to false.
  • #312
  • Jan 19, 2009 8:33am Jan 19, 2009 8:33am
Quoting killertrader
Does said slope indicator repaint?
This is the actual code for updating the indicator:

Inserted Code
    Comment( "e:",e, " period:",period, " e-period:", e-period);
    for (x = e-period; x >= 0; x--) {
        trend[x] = trend[x+1];
        if (ExtMapBuffer[x]> ExtMapBuffer[x+1]) trend[x] =1;
        if (ExtMapBuffer[x]< ExtMapBuffer[x+1]) trend[x] =-1;
    
        if (trend[x]>0) {
            Uptrend[x] = ExtMapBuffer[x];
            if (trend[x+1]<0) Uptrend[x+1]=ExtMapBuffer[x+1];
            Dntrend[x] = EMPTY_VALUE;
        } else if (trend[x]<0) {
            Dntrend[x] = ExtMapBuffer[x];
            if (trend[x+1]>0) Dntrend[x+1]=ExtMapBuffer[x+1];
            Uptrend[x] = EMPTY_VALUE;
        }
    }
In the above, the first line was a debugger I inserted to show the values of e and period.

The variable x is oftentimes assigned the value of 2; and thus it iterates for 3 times. Therefore, it repaints the last 3 candles. You will seldom find the "cross-over" because it will repaints and you'd think you missed the entry.


PS. The repaint does not modify/change the values of the indicator for the last 3 candles, but rather the *color* or signal (ie, Long or Short).
  • #313
  • Jan 19, 2009 10:32am Jan 19, 2009 10:32am
Ronald Raygun,

I wish to experiment with not using the PSAR dots and use only the Slope Indicator of the EA. Could you please tell me how I could disable the PSAR in the EA so that it only uses the Slope Indicator to generate signals. Can I do that with the external displayed details under Properties or do I have to go into the Metaquotes Language Editor. What changes do I need to make.Thank you.
  • #314
  • Jan 19, 2009 10:43am Jan 19, 2009 10:43am
In the code: Look for:

Inserted Code
string TradeTrigger = "None";

Below that is the criteria required for a trade. Just delete the part which has the PSAR.
  • #315
  • Jan 19, 2009 11:43am Jan 19, 2009 11:43am
Hi
This EA is great, but i've a problem ;(....never open automatic trend position , i must do it manually. What can i do to solve it? Someone can help me please?Thk
Il successo si condensa in pochi attimi.Buddy Fox
  • #316
  • Jan 19, 2009 12:10pm Jan 19, 2009 12:10pm
Anyone trading this method at the first few hours of Euro open? I was thinking of trading the first few hours of both Euro and US open with Eur/Usd. Anyone have results already?
  • #317
  • Jan 19, 2009 12:12pm Jan 19, 2009 12:12pm
Quoting alt.end
Hi
This EA is great, but i've a problem ;(....never open automatic trend position , i must do it manually. What can i do to solve it? Someone can help me please?Thk

  1. Lot size 0?
  2. Enabled ea?
  3. clicked allowed live trading?
  4. Smiley face in the upper right corner of the chart?

  • #318
  • Jan 19, 2009 12:31pm Jan 19, 2009 12:31pm
Quoting Ronald Raygun

  1. Lot size 0?
  2. Enabled ea?
  3. clicked allowed live trading?
  4. Smiley face in the upper right corner of the chart?

1. No but 1.0
2.Yes
3.Yes
4.Yes

Thanks Ronald
Il successo si condensa in pochi attimi.Buddy Fox
  • #319
  • Jan 19, 2009 2:29pm Jan 19, 2009 2:29pm
Quoting pogibaby
Anyone trading this method at the first few hours of Euro open? I was thinking of trading the first few hours of both Euro and US open with Eur/Usd. Anyone have results already?
I trade it at the US open. I am demoing Ronald's EA all day long.

Pete
  • #320
  • Jan 19, 2009 9:54pm Jan 19, 2009 9:54pm
Quoting Ronald Raygun
In the code: Look for:

Inserted Code
string TradeTrigger = "None";
Below that is the criteria required for a trade. Just delete the part which has the PSAR.

Ronald Raygun,

Thank you for your response. In the MetaEditor I deleted the parts which have the PSAR and what remains is as follows :

if(SlopeDirection == "Long" && (SlopeDirection1 == "Short")) TradeTrigger = "Open Long";

if(SlopeDirection == "Short" && (SlopeDirection1 == "Long")) TradeTrigger = "Open Short";

if(SlopeDirection !=) TradeTrigger = "Close Trade";

Have I done this correctly? Especially the last line. Is that complete or is there something else which is required to be added?

The response I get after making the above changes is "Access is denied". How do I proceed, please. Thank you.
0 traders viewing now