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C4 Scalping

  • #4,841
  • Aug 3, 2009 4:27pm Aug 3, 2009 4:27pm
Quoting waddij
The problem with backtesting the DXTrade v3.2 with a 10 pip SL is that I dont think it was intended to be used that way IMHO.

The plan, +5 also cannot be backtest at all as once a new Renko forms you cannot see where the price actually went. Along with others I have asked if there were any indi's that kept evidence of the movement on the chart however to date no one has responded

I have been monitoring the v3.2 signals and trading when the Trade Info and/or the TGSCC shows support. I have yet to see a loosing trade at the +5 TP.
Hi Waddij,
Yes, I realized that you could not backtest using +5 on the renko chart, but I figured "what the heck, let's just use tp10, take every entry that the indicator gives and see what happens". I thought that for a completely mechanical approach without any extra filtering the results weren't too bad. Anyway, it will be the live 'forward' results that count. I will also be trading live for +5 in the direction of the Trade Info. When you're entering into a trade are you requiring all four values in the trade info to be in your favour or just 3 out of 4?

Matthew
  • #4,842
  • Aug 3, 2009 4:28pm Aug 3, 2009 4:28pm
How would we know, your going to have to do that homework yourself. were to busy banking pips sorry

Quoting christian
I'll compare the strategy on page 1 with the (5 min) Heikin-Ashi-two-Bar-Strategy on
http://forex-strategies-revealed.com/advanced/heikin-ashi-two-bar-strategy
Which strategy get more wins?
  • #4,843
  • Edited 6:58pm Aug 3, 2009 4:37pm | Edited 6:58pm
DX:
Since Edge has kindly redone the 1st post on this thread, and gone back to basics with a final setup for both c4/nitro, was wondering if your EA can be setup to trade with all of the exact conditions edge describes in post 1?
I know you have some other filtering you've talked about, and other trix/ma settings, but is it possible to setup the ea per edge's rules?
Sorry if it's an obvious answer, but I haven't played with your EA just yet.
Thanks for all you contribute!
  • #4,844
  • Aug 3, 2009 4:38pm Aug 3, 2009 4:38pm
DETrader,

GREAT...Thanks alot for all your help. I appreciate it!!!

As you suggested it worked and now I have all the indicators.

Once again, Thank You!!!

snarlyjack
  • #4,845
  • Aug 3, 2009 4:57pm Aug 3, 2009 4:57pm
The revised page 1 is even more awesome than before! Thank you VERY much for putting EVERYTHING needed for either method in one place! Much appreciated!

Quoting Edgetrader
Notice


The front page has been revised to reflect the trading plan and indicators I feel provide a trader the best opportunity to trade either C4 or Nitro as it was designed.

Please reference the material stated on that page and apply any future trading efforts with those indicators shown. This will help to rapidly build a consensus as to the plans viability characteristics. This is especially suited at providing an easy transition into trading this methodology by new thread followers and visitors.

Naturally,...
Read the entire thread BEFORE you ask questions!
  • #4,846
  • Aug 3, 2009 5:06pm Aug 3, 2009 5:06pm
Quoting paulw6182
that looks like some regular bulshit that come out of a drain, it doesnt have much ado with c4nitro
Cmon Paul, let's be civil eh?
  • #4,847
  • Aug 3, 2009 5:16pm Aug 3, 2009 5:16pm
Quoting maxreturn
Cmon Paul, let's be civil eh?
Okay, but it seems to be his definite opinion, isn't it?
  • #4,848
  • Aug 3, 2009 5:29pm Aug 3, 2009 5:29pm
Since most of this thread's programmers are busy programming for us, I would kindly request from TG to help us with a quick EA of the Nitro as described by Edge on the first page (no need for fancy indicators just the basics as described in post 1).
Should be a piece of cake for you and it would help the rest of this great community.
  • #4,849
  • Aug 3, 2009 5:36pm Aug 3, 2009 5:36pm
hi
ive just bought the renko script and when i try to put sm trix on it i get the following !!! i hope the picture comes out

can anyone tell me what i have done wrong ?
Attached Image (click to enlarge)
Click to Enlarge Name: renko1.gif Size: 7 KB
  • #4,850
  • Aug 3, 2009 5:39pm Aug 3, 2009 5:39pm
Quoting lsb3011
hi
ive just bought the renko script and when i try to put sm trix on it i get the following !!! i hope the picture comes out

can anyone tell me what i have done wrong ?
try to load more bricks app 30000
/ ... clarifying decisions ... /
  • #4,851
  • Aug 3, 2009 5:53pm Aug 3, 2009 5:53pm
thanks walb99

that did the trick
  • #4,852
  • Aug 3, 2009 6:02pm Aug 3, 2009 6:02pm
Quoting christian
Okay, but it seems to be his definite opinion, isn't it?
And your point is?
  • #4,853
  • Aug 3, 2009 6:05pm Aug 3, 2009 6:05pm
DXT
Just looked at computer (AM in Aus) and find that the EA has taken 2 completed trades a little while ago and is currently in a loss trade on AJ. The other 2 were +10 trades on EU and EJ. I have no idea why it suddenly decided to run but I thought you should know.
Thanks Mate
Karl
  • #4,854
  • Aug 3, 2009 6:43pm Aug 3, 2009 6:43pm
Quoting paulw6182
i think MM_B1 not working on 4digit broker
Not sure what the problem might be Paul, but I assure you they DO work, I used them today on IBFX live account. I know others ARE using them, I had some PM's about that.

God bless,
Clay
  • #4,855
  • Aug 3, 2009 7:03pm Aug 3, 2009 7:03pm
Is it me or DX EA only gives buy signal..was anyone able to get a sell signal? .
  • #4,856
  • Aug 3, 2009 7:21pm Aug 3, 2009 7:21pm
Quoting maxreturn
And your point is?
Cool down guys...
Si les cons volaient, il ferait toujours nuit...
  • #4,857
  • Aug 3, 2009 7:27pm Aug 3, 2009 7:27pm
As you all know the best way to ascertain how effective an EA is to perform a backtest. It is not 100% accurate since not all the ticks are stored but 90% modelling is as best as we can achieve with MT4. Even before going live demo with the DX's EA we owe it to ourselves to run backtests on various pairs and find out what its best settings are and what to expect from it live. Is anybody up for running backtests and sharing results with us? I know the EA is still being worked on.. but we can find many useful things from the backtest report in the meantime. I will fire up my Alpari UK MT4 and do some backtesting on it as well and post my results.

Regards
If it backtests good run it live!
  • #4,858
  • Aug 3, 2009 7:29pm Aug 3, 2009 7:29pm
Christian - komm gib Ruhe Mann !!! Hier geht's um C4 - nix anderes !
  • #4,859
  • Aug 3, 2009 7:32pm Aug 3, 2009 7:32pm
Just FYI for those that do not know, the renko bars can be backtested as well. There are steps you have to do in order to do this, but it is possible. I do it with the CRB range bars (which functions pretty much the same as renko as far as creating custom timeframes is concerned).
Once we get the EA to perform exactly how edge wants the system to be traded, both for c4 and nitro, I have no problem putting in the time to backtest and share results.

Quoting fxspeedster
As you all know the best way to ascertain how effective an EA is...
  • #4,860
  • Aug 3, 2009 7:35pm Aug 3, 2009 7:35pm
Quoting thecatpreach
Sorry I have been very busy, and by the time I catch up to the 15-20 pages a day this thread grows, I have had very little time.

Here is the update

I have updated as follows:
Added MoveStopBEProfit to lock in profits at BreakEven; Changed default settings; Added Remarks to parameters for clarity.
Added FiveDigitBroker. Corrected error in sell trailing stop.

It should work correctly now.

Hope this helps some of you that have been asking.

Best wishes,
Seems to be working so far.
Thanks for following through on this.
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