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C4 Scalping

  • #4,961
  • Aug 4, 2009 5:03am Aug 4, 2009 5:03am
Quoting Chris_B
If you are on a 5 digits broker -30 could be -3... no?
4 digits broker, the SL is set to 30.
  • #4,962
  • Aug 4, 2009 5:11am Aug 4, 2009 5:11am
DXTrade, If the brick size is altered that would effect the EA's trade entries wouldn't it?
  • #4,963
  • Aug 4, 2009 5:18am Aug 4, 2009 5:18am
Quoting Pipo
DXTrade, If the brick size is altered that would effect the EA's trade entries wouldn't it?
Sure...

stay with 10 brick size

It just looked on your chart like a 12-14 pip loss.... not as 30 pips
"The only successful substitute for brains is silence."
  • #4,964
  • Aug 4, 2009 5:23am Aug 4, 2009 5:23am
U/J Long +5
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where thought goes energy flows
  • #4,965
  • Aug 4, 2009 5:27am Aug 4, 2009 5:27am
Hi Edge (or anyone who knows the answer), I'm setting up my Nitro charts as specified in the updated instructions on page one. When overlaying the Momentum indicator within the Trix window what data is the momentum applied to? The close of the price action, first indicator's data, previous indicators data, weighted close etc.?
  • #4,966
  • Aug 4, 2009 5:34am Aug 4, 2009 5:34am
Quoting DXTrade
Sure...

stay with 10 brick size

It just looked on your chart like a 12-14 pip loss.... not as 30 pips
According to the account history entry 136.39 SL 136.09 -30.
the entry and exit arrows are not accurate on the chart
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  • #4,967
  • Aug 4, 2009 5:45am Aug 4, 2009 5:45am
Quoting parky87
Hi Edge (or anyone who knows the answer), I'm setting up my Nitro charts as specified in the updated instructions on page one. When overlaying the Momentum indicator within the Trix window what data is the momentum applied to? The close of the price action, first indicator's data, previous indicators data, weighted close etc.?
Apllied to the Price Close
Market is like a puzzle, YOU have to fit the pieces!!
  • #4,968
  • Aug 4, 2009 5:50am Aug 4, 2009 5:50am
Quoting Gleneagles
EA= Easy Application

Source code

LSD

Look , See , Decide

and trade.

What can be simpler than this?
No coding issues, no setup issues, no other indicators to look for.

+80 pips for the day already...and everything you need is already on your charts.
Hi Gleneagles,

Congratulations with such good results!
Please, send your indies and template which was used!
Rgd.
  • #4,969
  • Aug 4, 2009 5:58am Aug 4, 2009 5:58am
Quoting Chris_B
Apllied to the Price Close
Thanks Chris B
  • #4,970
  • Aug 4, 2009 6:03am Aug 4, 2009 6:03am
4 manual trades for now...

3 perfect entries with +5 profit...

1 bad entry with -19 loss on CHFJPY...but today it's short...and i tried a long...
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Market is like a puzzle, YOU have to fit the pieces!!
  • #4,971
  • Aug 4, 2009 6:07am Aug 4, 2009 6:07am
Quoting bisecom
Hi Gleneagles,

Congratulations with such good results!
Please, send your indies and template which was used!
Rgd.
HMA 12 3 3
Trix 3 1 1 1

You can download from Page 1, first post.
" Never let the past hold the future to ransom "
  • #4,972
  • Aug 4, 2009 6:15am Aug 4, 2009 6:15am
Well, 2nd successful day trading C4 live, even outside the times suggested by Edge. 5 trades, total +23 pips

E/U : +10, +6, -15, +12
G/U: +10

Cant wait to trade Nitro, but trying to be disciplined and get a feel for C4 by trading it for a week first.

So far , so good !
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  • #4,973
  • Aug 4, 2009 6:18am Aug 4, 2009 6:18am
Quoting Chris_B
4 manual trades for now...

3 perfect entries with +5 profit...

1 bad entry with -19 loss on CHFJPY...but today it's short...and i tried a long...
Chris_B, good results!

I have a stiupid question.
You just analise such grafs as they are offline?
How do you take a desicion about opening a trade as attached grafs don't
refresh price actions..
Hope to get your reply,
Rgd.
  • #4,974
  • Aug 4, 2009 6:24am Aug 4, 2009 6:24am
Quoting fxspeedster
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...
yes agree and would like to help, and if you could guide us with backtesting that would be sound. if im not mistaking i must save 1m data ofline and backtest off that? now imho posts here should b 70% manual trading 30% EA testing, of the ea testing 50% backtestsing 50% forwardtesting. and only ever fully adopt the ea when ther is no point doing it manualy any more. in fact ther is aneogh interst in this to open a brother tread for neatness and avoid any argumants down the road if perhaps DXTrade could consider this again given the high interest
  • #4,975
  • Aug 4, 2009 6:27am Aug 4, 2009 6:27am
Quoting bisecom
Chris_B, good results!

I have a stiupid question.
You just analise such grafs as they are offline?
How do you take a desicion about opening a trade as attached grafs don't
refresh price actions..
Hope to get your reply,
Rgd.
Hi Bisecom and welcome in this thread!!
But...if you don't read the entire thread...you will find difficult to understand what we are doing here..
Market is like a puzzle, YOU have to fit the pieces!!
  • #4,976
  • Aug 4, 2009 6:39am Aug 4, 2009 6:39am
So far all trades that EA has taken have been winners. But it still refuses to trade shorts, so the result is 50 % of what it could be...
DXTrade, are you working on fixing the problem or should we just forget the matter and do what we are supposed to do - trade manually?
  • #4,977
  • Aug 4, 2009 6:49am Aug 4, 2009 6:49am
Quoting eclayf
Solution to your Script issue!

Hi Paul, I was talking with a friend I was showing this strategy to and he had the same issue, but I know he is severly computer challenged, so I walked him through, step by step, making sure his platform was ready to trade.

In the process one of the setting I had him change was the "Allow Live Trading" setting for Expert Advisers in the Tools - Options - Trades area. sure enough it wasn't checked. When he selected "allow" the scripts started working.

SO,,, you probably need to set "Allow Live Trading"...

exactly that hehe, working like a charm now. iv always wanted these scripts i even tryed coding them too.
ther realy super, Thanks
  • #4,978
  • Aug 4, 2009 6:53am Aug 4, 2009 6:53am
Could somebody tell me where is the Mom -momentum indicator posted. Could not find it in attachements under that name.
Is that the Indexed Momentum?
Thanks,
  • #4,979
  • Aug 4, 2009 6:55am Aug 4, 2009 6:55am
Quoting babama
Could somebody tell me where is the Mom -momentum indicator posted. Could not find it in attachements under that name.
Is that the Indexed Momentum?
Thanks,
It is already in your 'indicators' on mt4 no need to download it

make sure you use the one in indicators and not 'custom indicators'

Greg
  • #4,980
  • Aug 4, 2009 6:55am Aug 4, 2009 6:55am
Quoting babama
Could somebody tell me where is the Mom -momentum indicator posted. Could not find it in attachements under that name.
Is that the Indexed Momentum?
Thanks,
It is just called Momentum and is built in to every MT4, look under Oscillators
******************* I'd rather make money than be right.
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