EA - "Simple Method of Scalping on 5 min chart , especially GBP/JPY - by Imran Sait" | Page 2 | Forex Factory

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Attachments: EA - "Simple Method of Scalping on 5 min chart , especially GBP/JPY - by Imran Sait"
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EA - "Simple Method of Scalping on 5 min chart , especially GBP/JPY - by Imran Sait"

  • #21
  • Aug 30, 2009 5:21pm Aug 30, 2009 5:21pm
Quoting djanowski
How was performance over longer period of time?
Do you mean to look for confirmation on fast lag on H1 chart? Only at direction? What about long trades?
Hmm interesting idea, I could try to add it somehow, is it only condition for entry? What about exit?

Done! Version 1.24 in 1st post. After quick testing I think that when UsePivotsForEntry is false then it's better to let EA open trades only on new candle opening so set TradeOnNewBar - true.

Kevin: You can use TrailingStop option.

Daniel
Thanks Daniel for ver1.26.

Pls let me run it for a couple of days to monitor trades. I will then come back to you to answer your questions above.

the difficulty some people had was in monitoring multiple timeframes, however, yas1rs adaptation worked quite well. I'll see if I can contact him to help out as well, also a couple of other traders.

Thanks
Pardy
  • #22
  • Oct 26, 2009 2:57pm Oct 26, 2009 2:57pm
Hello Daniel.

I have installed your Version 1.26 and am including the screen shot. I was concerned about the NO SIGNAL message, at the upper left, and wanted to ask you if that was normal.

BTW, I have looked at lots of EAs here on the ForexFactory, and I have to say that your documentation on Page 1 of the thread, is EXCELLENT.

Looking forward to seeing how my demo goes.

Regards,

MurphyMan
Attached Image (click to enlarge)
Click to Enlarge Name: 5_min_scalp.gif Size: 35 KB
  • #23
  • Dec 22, 2009 12:06am Dec 22, 2009 12:06am
Quoting kostas1
Dan,

First time in here too. Will let you know as I play with it. Have you tried any backtesting?

Kostas
Backtesting wont be very useful for this because the data used wont be detailed enough for the EA to spot the 5min trades as it would in real time, unless you have imported tick data.
The greatest force on earth is compound interest.
  • #24
  • Jan 25, 2010 1:48am Jan 25, 2010 1:48am
Hi,
I tried optimising this EA but, with only TP box ticked, nothing happened, no blue line running across bottom of screen, no data used etc.

Any clues please?


Thanks,


Mike
  • #25
  • Nov 21, 2010 10:42pm Nov 21, 2010 10:42pm
Shame to see this die--has anyone used this EA and if so, how well did it perform?
  • #26
  • Nov 22, 2010 1:23pm Nov 22, 2010 1:23pm
Quoting Dewey McG
Shame to see this die--has anyone used this EA and if so, how well did it perform?
Hi Dewey,

I tried to run the EA on GBPJPY but nothing happened - no graph or results. Has anyone got it to work?


Cheers,


Mike
  • #27
  • Nov 24, 2010 10:55pm Nov 24, 2010 10:55pm
I did a back test just for 2010--10k down to 9200. The good news is it outperforms almost every EA on the market!
  • #28
  • Nov 25, 2010 3:35pm Nov 25, 2010 3:35pm
Hi,

I'm the guy who programmed this EA. It's interesting to see some interest
I stopped development because I was too busy to analyse results and tweak this EA, I got to the point when EA it was on break even. Maybe I will have some time to have a look at this EA again.
One advice: backtesting on 5min chart is worthless If you want proof: run this (or any other) EA for 2 days, after that do backtesting for these 2 days and compare results - you will see what I am talking about.

Cheers
Daniel
  • #29
  • Dec 2, 2010 2:39pm Dec 2, 2010 2:39pm
Dear Daniel;
Making backtesting this scalping strategy I have had very good results with the basic inputs, but exits when lag 1 and lag 2 reachs 1 in long positions and 0 for short positions, I documetado over 400 points with these outputs.
You can reschedule and add this function that insurance will work very well.
Then if you want to share your ea reprogrammed with me.




Quoting djanowski
Hi,

I started thread here: http://www.forexfactory.com/showthread.php?p=2956155
but I thought it might be better to start new thread here.


About 6 months ago I've created for myself EA based on this method. For 2 months I was in process of testing it but due to lack of time (two small girls I've never finished and for that reason I've deceided to share this EA, maybe you have time to test it and could tweak it based on your feedback. I need to know where EA trades differs comparing to manual method. EA works well just needs some...
  • #30
  • Dec 3, 2010 4:37am Dec 3, 2010 4:37am
Dear creator of this EA,

Can you recode this EA with exits when; the laguerre 1 and laguerre 2 are touching 1 at the same time for long positions or the laguerre 1 and laguerre 2 are touching 0 at the same time for short positions.
I have been doing backtesting and these exits have a good number of earned pips.

Regards.
  • #31
  • Dec 3, 2010 9:19pm Dec 3, 2010 9:19pm
I think there is great potential here and would hate to see it fall by the wayside.
  • #32
  • Jan 11, 2011 1:16am Jan 11, 2011 1:16am
Quoting djanowski
Hi,

I'm the guy who programmed this EA. It's interesting to see some interest
I stopped development because I was too busy to analyse results and tweak this EA, I got to the point when EA it was on break even. Maybe I will have some time to have a look at this EA again.
One advice: backtesting on 5min chart is worthless If you want proof: run this (or any other) EA for 2 days, after that do backtesting for these 2 days and compare results - you will see what I am talking about.

Cheers
Daniel

Dear Daniel
How can we use the the follwoingh one to this system?
http://www.forexfactory.com/showpost...&postcount=329

Can you do somehting about this please.
Regards
Vatsan
  • #33
  • Jan 11, 2011 7:44am Jan 11, 2011 7:44am
Quoting investor3
Dear creator of this EA,

Can you recode this EA with exits when; the laguerre 1 and laguerre 2 are touching 1 at the same time for long positions or the laguerre 1 and laguerre 2 are touching 0 at the same time for short positions.
I have been doing backtesting and these exits have a good number of earned pips.

Regards.
I'm not a creator of this EA but djanowski is off already for a long time. This is modification of the original EA. Exit: two Laguerre 0 or 1. We are waiting your testing & optimization result ))) And any suggestions...
Attached File(s)
File Type: mq4 Scalpel_modif.mq4   10 KB | 1,146 downloads
  • #34
  • Apr 25, 2011 3:24pm Apr 25, 2011 3:24pm
Hi,

This message is for Imran Sait, i would like to know how to can i add the two laguerre in one chart and is it possible to add an alert when all the signal are lined up (laguerre, stochastic histogram, and macd)
  • #35
  • Feb 12, 2012 8:59am Feb 12, 2012 8:59am
Well Well

I am surprised by the quality of this thread. The exit based on 2 Laguerre signals is very interesting.
I should try to code it one of these days
  • #36
  • Apr 2, 2012 6:53pm Apr 2, 2012 6:53pm
but what fun would be an EA that automatically made $, then we wouldn't have to sit here and look at these pretty charts
Quoting jaguar1637
Well Well

I am surprised by the quality of this thread. The exit based on 2 Laguerre signals is very interesting.
I should try to code it one of these days
  • #37
  • Last Post: Oct 2, 2017 4:04am Oct 2, 2017 4:04am
Hi there,

Is someone still using this EA please?

I tried using it as a signal provider but Lag and MACD are always showing; No signal, even when a valid signal is on.

Any ideas please?
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