need simple ea for scalping

can somebody create ea that work like that;

1. enter position in long side at market price, lot size start 0.1 then set
SL -15
TP +30
2. if SL hit, automatically enter position in short side but lot size increase
in double from stage 1. then again put
SL -15
TP +30
3. if SL in (2) hit, automatically enter position in long side but lot size
double from stage 2, then again
SL -15
TP +30
4. if SL in (3) hit, automatically enter position in short side then lot size double from stage 3. then again
SL -15
TP +30
5. the process will continue untill target profit is hit

6. if TP hit then start the process again like stage 1.


kuuleem

have you manually traded this method for a decent time period?
what is your return?

you should activate your PM function.

i have try manually, result look ok. but the problem expose with human error especially in the breakout. really hope that somebody their can code me the ea like what i'm saying before

I can code this EA (it is a simple martingale) but you need a huge account to stay alive!!!!

It wont work. That SL is gonna get hit so much you'll get dizzy from the punches. It wont be pretty unless that account is VERY BIG and the starting lotsize is 0.01. (and I still predict that one day soon in the future you will get very, very sick after looking at your balance one morning. May the camels always smile when you enter the room.)

regardless of account size, when you dbl up each time, about 8 consecutive losses will be margin call

from my experience, its best to not increase lots, but increase target pips
ur sl probly to tight

im telling u this from my 5 yrs experience, im not saying martingale doesnt work, i dont know if it does or not
with all the options

i do know its to risky to use

i do know that its just as easy to recover without it
save ur self from all that exposure

i have created a ea that recovers by adding trades instead of doubling up
still risky but alot safer than doubling

youl have to use ur whitts and find my site, id probably get banned if i posted it

Such a system should only be run on a mini account that offers 0.01 mini lots. else you won't have the pocket for it.

Ive seen and used TC's ea..its GOOOOD! about 1% increase per day.

activate your PM function kuleem and TC can then send you the link to the thread.

cheers

can somebody tell me how to activate PM function. TRK always ask me to do that, but i dont know how its work

Follow steps 1 and 2 as indicated by the pics...hopefully you will get it right. if any one else knows of an easier way ...please let him know.

Pic 2 : alter your settings there

There are some comments but there is NO conclusions at all ... Children can talk more ... I wish I could make the EA for you, Kuuleem ... Good Luck ...

hi... im interested with TC ea.

Hmmm EA that will make money?? I don't believe that this can work more than few weeks maybe months. If there will be som EA that will make constant money it will be SuperB