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JungleLion Scalping System

  • #721
  • Jan 27, 2009 4:11am Jan 27, 2009 4:11am
Quoting Ezzy
Jl

Just a quick question, are you trading this system on a real account?

Thanks
Ezzy
I am not going to repeat my words.

I have already specified what to do - demo demo demo
  • #722
  • Jan 27, 2009 4:36am Jan 27, 2009 4:36am
Quoting junglelion
I am not going to repeat my words.

I have already specified what to do - demo demo demo

Thanks Jlion, I am demoing, just wondering if you were also demoing or live with it, that's all.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #723
  • Jan 27, 2009 5:46am Jan 27, 2009 5:46am
V11 inspired me

.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #724
  • Jan 27, 2009 5:59am Jan 27, 2009 5:59am
hey JL, thanks for the ea's. i am a bit confused about the files on page 1 tho. are we supposed to be using them with the latest ea or where they for the earlier ea's?
  • #725
  • Jan 27, 2009 6:01am Jan 27, 2009 6:01am
Ouch -- running v10 since it was posted about 7 hours ago. 5 digit broker, so that's -287.
Attached Image
  • #726
  • Jan 27, 2009 6:03am Jan 27, 2009 6:03am
Quoting junglelion
V11 inspired me

.
Very nice result JL.
  • #727
  • Jan 27, 2009 6:14am Jan 27, 2009 6:14am
Quoting BenQ
Ouch -- running v10 since it was posted about 7 hours ago. 5 digit broker, so that's -287.
all versions have different logics, so instead of giving a new name, i just gave them versions to make it simpler.

i m trying to figure out which logic works best.
  • #728
  • Jan 27, 2009 6:46am Jan 27, 2009 6:46am
With version 10

I put it on shortly after it was posted. In the first 4 hours, on the 1 min EURUSD pair

Results - Down 74 pips

Changes to 5 min - same pair

Result - Up 55 pips

Questions:

Does the 5 min work better than the 1 min for ver 10?

Was this a result in the change in price action? - Maybe Asian session not the best time for this EA.

What is everybody else seeing?

T...
  • #729
  • Jan 27, 2009 6:49am Jan 27, 2009 6:49am
Yes it is better on the 5 minute chart for me too. Up 100 pips, for the last 1.5 hour.
  • #730
  • Jan 27, 2009 7:46am Jan 27, 2009 7:46am
Quoting Ezzy
Thanks Gman
EZZY, forget the ravings of the jerk that told you to test on a Live Account.

DON'T Ever test this ea or any other system on a live account!

Demo them, if they work well beyond any doubt after testing on a DEMO account for at least a weak of trading 24 hours per day in trending and ranging markets, or whenever you use them, ONLY then test them on a live account.
Starting to see instead of just looking.
  • #731
  • Jan 27, 2009 7:50am Jan 27, 2009 7:50am
Quoting junglelion
V11 inspired me

.

V11? You are on fire man.
Starting to see instead of just looking.
  • #732
  • Jan 27, 2009 7:53am Jan 27, 2009 7:53am
Quoting Rastaman
EZZY, forget the ravings of the jerk that told you to test on a Live Account.

DON'T Ever test this ea or any other system on a live account!

Demo them, if they work well beyond any doubt after testing on a DEMO account for at least a weak of trading 24 hours per day in trending and ranging markets, or whenever you use them, ONLY then test them on a live account.
Careful who you call a jerk my friend.

If you have ever run short term EA's before, then you'll know the difference between live and demo accounts can turn a great looking EA on demo into an account killer on live.

Test on live with micro lots. If it's no good, then I'll lose maybe $10. If you can't aford to lose that you shouldn't be trading, let alone trading FX.

G-Man
  • #733
  • Jan 27, 2009 8:02am Jan 27, 2009 8:02am
BigBoobs-v1:

Version 1, of this ea

Best used on 15 min or higher.

In 3 hours of forward test, it has given good promise on Interbanfx demo.
Attached File(s)
File Type: ex4 BigBoobs-v1.ex4   5 KB | 587 downloads
  • #734
  • Jan 27, 2009 8:04am Jan 27, 2009 8:04am
v10 on M5, I'm seeing the sl being constantly adjusted back and forth and trade context busy errors in experts log.
  • #735
  • Jan 27, 2009 8:08am Jan 27, 2009 8:08am
LOL.. a great name for an EA!

big boobs bring big pips!
  • #736
  • Jan 27, 2009 8:18am Jan 27, 2009 8:18am
Quoting Rastaman
EZZY, forget the ravings of the jerk that told you to test on a Live Account.

DON'T Ever test this ea or any other system on a live account!

Demo them, if they work well beyond any doubt after testing on a DEMO account for at least a weak of trading 24 hours per day in trending and ranging markets, or whenever you use them, ONLY then test them on a live account.

If I might add - when you do go live, start out with the smallest trade size you possible can. For Interbank, that is .01 lots or 10 cents a pip.

Remember, forex is a zero sum endeavor - for you to win - someone has to lose. There are those out there who think making you lose, helps them to win. There are small minds everywhere - forex is no exception...

T...
  • #737
  • Jan 27, 2009 8:21am Jan 27, 2009 8:21am
What do you think about having the stop/loss go to even (where trade opened) if it is within a range of 3 to 5 pips away from it? Just a thought to cut some of the small losses which can add up.
  • #738
  • Jan 27, 2009 8:22am Jan 27, 2009 8:22am
Quoting G-Man
Careful who you call a jerk my friend.

If you have ever run short term EA's before, then you'll know the difference between live and demo accounts can turn a great looking EA on demo into an account killer on live.

Test on live with micro lots. If it's no good, then I'll lose maybe $10. If you can't aford to lose that you shouldn't be trading, let alone trading FX.

G-Man
G-man

I agree with you to a certain point...

However - has anyone every seen a system or an EA NOT work in test and then work live?

Testing first is always a prudent first step.

T...
  • #739
  • Jan 27, 2009 8:27am Jan 27, 2009 8:27am
Quoting tsquad
G-man

I agree with you to a certain point...

However - has anyone every seen a system or an EA NOT work in test and then work live?

Testing first is always a prudent first step.

T...
You are absolutely correct. If it doesn't work on demo it won't work on live.

However, JL seems to have demonstrated the potential on demo accounts, and as I say for $10 or so it is worth running it on live even if it is just for the entertainment.

I've seen many many EA's go from gold to lead just on the switch from demo to live.

G-Man
  • #740
  • Jan 27, 2009 8:28am Jan 27, 2009 8:28am
Quoting G-Man
Careful who you call a jerk my friend.

If you have ever run short term EA's before, then you'll know the difference between live and demo accounts can turn a great looking EA on demo into an account killer on live.

Test on live with micro lots. If it's no good, then I'll lose maybe $10. If you can't aford to lose that you shouldn't be trading, let alone trading FX.

G-Man
Anyone who advises people to test an EA on a live trade has ZERO trading credibility whatsoever and should be banned from this board.

This is especially so as JL specifically pointed out that this EA should only be tested on a DEMO account.

So, if you don't want to be called a JERK, Don't ACT like one.
Starting to see instead of just looking.
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