Daily Scalping EA - Discussion Thread | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

M1 scalping discussion 65 replies

A scalping system for discussion 32 replies

Naked Scalping Discussion 4 replies

EuriskoFX Scalping System discussion 5 replies

Daily Scalping Hedging/ATR Discussion 23 replies

Attachments: Daily Scalping EA - Discussion Thread
Exit Attachments

Daily Scalping EA - Discussion Thread

  • #241
  • Apr 19, 2007 8:19am Apr 19, 2007 8:19am
Quoting matrixebiz
What TF and currency does this work best on?
Thanks
There is no best TF for this method since it's based on pure price action, anyway for the best usage of the EA is better to use H1.
Actually I'm using EA only on GBPJPY , I don't know how is performing over other pairs
  • #242
  • Apr 19, 2007 12:38pm Apr 19, 2007 12:38pm
Quoting C.E.O.
http://www.divshare.com/download/421658-fc4

Well do it this way then
Thanks EO, that was quick.
Ran some backtests again and problem seem to be gone! Well done. Really like the idea of the adjustable t/p and s/l.
Will start a forward test next week.

Will keep you posted,

Vince
  • #243
  • Apr 19, 2007 12:44pm Apr 19, 2007 12:44pm
Quoting skyline
Edit : Ops I just checked my account and surprise ....another full 200 pips today for me with Daily Scalping EA , not bad , not bad
Started a forward test yesterday night and I saw the same... :-) Shame it was not on my live account...

Thanks for all the effort you have put in your EA! (and the endless other projects you seem to be working on)

You do sleep at times too?

Cheers,

Vince
  • #244
  • Apr 19, 2007 2:34pm Apr 19, 2007 2:34pm
Quoting VinceTheBeast
Started a forward test yesterday night and I saw the same... :-) Shame it was not on my live account...

Thanks for all the effort you have put in your EA! (and the endless other projects you seem to be working on)

You do sleep at times too?

Cheers,

Vince
Thx Vince ehehe sometimes I sleep

P.S.: Is your avatar taken from some old edition of Flight Simulator ? Some years ago I played a little bit with FS2000 , it was funny
  • #245
  • Apr 19, 2007 8:10pm Apr 19, 2007 8:10pm
A couple of ideas. The break even and trail dont work as a SAR because it looses money so here is what I am thinking. having a flag for if trail or break even is hit it is a win..

bool TrailIsWin
int PipsToWin
bool BEIsWin

For the trail to win you could have a variable for X pips above open price is a win. Say if your trail is hit with 15 pips profit tradewin=1 and shutdown for the day. Today was a great example for when this would be great. I wasnt around to close orders and some were up bigtime only to fall to just a few pips.

something like this...
PHP Code
int OrdersTakeProfit()
{
 int total,cnt;
 int TradeWin=0;
 
 int hstTotal=OrdersHistoryTotal();
 
 for(cnt=0;cnt<hstTotal;cnt++)
 {
   OrderSelect(cnt, SELECT_BY_POS, MODE_HISTORY);
   if (OrderMagicNumber()==MagicNumber)
   {
    if (NormalizeDouble(OrderClosePrice(),Digits)==NormalizeDouble((OrderOpenPrice(),Digits) +PipsToWin) && TimeDay(OrderCloseTime())==Day()) TradeWin++;
   }  // if (OrderMagicNumber()==MagicNumber)
 }  // for 
 if ( TradeWin == 1 )  GlobalVariableSet("TradeStatus_"+MagicNumber,0); // disable trades
 //Print("TradeLoss = ",TradeLoss);
}
Waddya think?
  • #246
  • Apr 20, 2007 1:08am Apr 20, 2007 1:08am
C.E.O. thx for the time you've put into your "hack" ; ) I do like the idea of a variable S/L and T/P rather than a rigid set. . . though it does appear the Sky sure has found a groove with the rigid-set and the PoundYen pair.

I've got the ATR version loaded on a new mt4 GMT+3 demo feed that mirrors one of my live account feeds so i'll check it out and report back. I can say that once i placed it on two daily charts (EurUsd and GbpUsd) it imedeately opened the appropriate trades.

I do like your idea for the additional code-tweak on the BE/TS issue.

: ) Thom
  • #247
  • Apr 20, 2007 3:58am Apr 20, 2007 3:58am
Quoting skyline
Thx Vince ehehe sometimes I sleep

P.S.: Is your avatar taken from some old edition of Flight Simulator ? Some years ago I played a little bit with FS2000 , it was funny
hello
please post your last statement.
thanks
  • #248
  • Apr 20, 2007 4:07am Apr 20, 2007 4:07am
Quoting rzamany
hello
please post your last statement.
thanks
Hi , here's my latest statement
http://www.forexfactory.com/showpost...&postcount=237
  • #249
  • Apr 20, 2007 4:29am Apr 20, 2007 4:29am
Quoting skyline
Hi , here's my latest statement
http://www.forexfactory.com/showpost...&postcount=237
do you have trade on 19 & 20 april?what is result?
  • #250
  • Apr 20, 2007 4:59am Apr 20, 2007 4:59am
Quoting rzamany
do you have trade on 19 & 20 april?what is result?
19th = 200 pips
20th = -80 pips

  • #251
  • Edited 5:47am Apr 20, 2007 5:15am | Edited 5:47am
Quoting skyline
19th = 200 pips
20th = -80 pips

i have 4 trade today with stop .why ea open 4 trade with stop?

thanks
  • #252
  • Apr 20, 2007 5:48am Apr 20, 2007 5:48am
Quoting rzamany
i have 4 trade today with stop .whay ea open 4 trade with stop?

thanks
Please post your settings

Edit : Added in my signature a little live statement taken directly from my live account updated every hour
  • #253
  • Apr 20, 2007 6:16am Apr 20, 2007 6:16am
Quoting skyline
Please post your settings

Edit : Added in my signature a little live statement taken directly from my live account updated every hour
i use last setting that you post.
time gmt+2
  • #254
  • Apr 20, 2007 6:21am Apr 20, 2007 6:21am
How about a pip filter like reversing after 3 days only if a pip amount is meet. 300?

Also look at the last 5 days, if more than 500 reverse
  • #255
  • Apr 20, 2007 6:41am Apr 20, 2007 6:41am
Quoting rzamany
i use last setting that you post.
time gmt+2
That's strange, I had no problem as you can see from my statement. Did you use H1 timeframe ? Try to post your journal and expert report , so it's more easy to analize what happened.
  • #256
  • Edited 7:44am Apr 20, 2007 6:43am | Edited 7:44am
running the EA on a demo account with a lot of currency... i will see how it behaves
  • #257
  • Apr 21, 2007 5:08am Apr 21, 2007 5:08am
@CEO:
Been doing some optimization runs and it seems that changing the sl_AT to 0.4, TP_AT to 0.9 and BEAP_AT to 0.4 gives a rather good result for the GBPUSD over the last ¾ year with Alpari data.
BUT.. might be an ‘over optimization’ on my part..

I did try to prevent curve fitting by optimizing over a period of 6 months, shifted 3 months back (so from 2006.07.17 till 2007.01.27) and then testing these found settings over the most recent 6 months (so 2006.10.17 to 2006.04.17) to see if they still give a nice curve/increasing balance for the last 3 months. Looks to me the above mentioned setting work pretty good BUT if you test them over a longer period they aren’t so great (still at breakeven but not really profitable).


So my question is therefore do you think this EA is sensitive to ‘seasonal’ market conditions, and needs to be adjusted every x weeks, or should it always ‘work’ with the same settings since it uses ATR to adjust itself anyway…
Any thoughts on the matter are much appreciated!

Will have a go at GBPJPY soon too.


@ Skyline:
The avatar is actually a picture I took in my ‘office’. I fly the 757 and 767 for a living.

Have a great Sunday all.

Vince
  • #258
  • Apr 21, 2007 10:28am Apr 21, 2007 10:28am
Quoting VinceTheBeast
@CEO:
@ Skyline:
The avatar is actually a picture I took in my ‘office’. I fly the 757 and 767 for a living.

Have a great Sunday all.

Vince
Uao that's great Vince !! You get a wonderful job !!
  • #259
  • Apr 21, 2007 11:35am Apr 21, 2007 11:35am
Hey Vince, what a cool job!
I am coming up with the same results on GBPUSD also. I will say that no matter the pair the Sl# keeps coming up as .3-.4 as the winner and the ATR period is around 2 +/- 1. I am having mixed results with the BE. I am getting high numbers or none at all as being beneficial. I am thinking of just leaving it a 0, finding the best SL/TP and then testing the BE to see if it helps. I have not employed the decreasefactor except on a few runs and it does show promise. You do miss out on the initial first run of the trend but it really helps out on the drawdown during a ranging week when you get multiple losses.
I have also found the JPY crosses to be the most profitable, and I am keeping maxtrades at 2.

I keep seeing the value of the trail and BE being used if it wasnt a reverse order. I believe that is my next step to consider the trail and BE as a win. It should really help on the DD. I will see if I can figure that out soon. Skyline, do you think the code I posted is close to working for that?
  • #260
  • Apr 21, 2007 3:28pm Apr 21, 2007 3:28pm
Quoting C.E.O.
Hey Vince, what a cool job!
I am coming up with the same results on GBPUSD also. I will say that no matter the pair the Sl# keeps coming up as .3-.4 as the winner and the ATR period is around 2 +/- 1. I am having mixed results with the BE. I am getting high numbers or none at all as being beneficial. I am thinking of just leaving it a 0, finding the best SL/TP and then testing the BE to see if it helps. I have not employed the decreasefactor except on a few runs and it does show promise. You do miss out on the initial first run of the trend but it really helps out on the drawdown during a ranging week when you get multiple losses.
I have also found the JPY crosses to be the most profitable, and I am keeping maxtrades at 2.

I keep seeing the value of the trail and BE being used if it wasnt a reverse order. I believe that is my next step to consider the trail and BE as a win. It should really help on the DD. I will see if I can figure that out soon. Skyline, do you think the code I posted is close to working for that?
Sorry CEO I didn't take a look at code posted , anyway I'm sure that you'll find the right solution
0 traders viewing now