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1min scalping using mtf ALF by bbolss

  • #621
  • Aug 19, 2010 11:29am Aug 19, 2010 11:29am
I had winners again last night. It seems to adjusts the leverage itself. Some days my winnings are 2.5 for one position and 5.00 for the second one. Other days it is 25.00 and 50 respectively.
  • #622
  • Aug 19, 2010 12:16pm Aug 19, 2010 12:16pm
Quoting bcarbon
Last night I had only winners again. Try changing your SL. I also changed from
M1 to M5 for the same reason you described. It would open a trade and immediately PA would go the other way.

Lets try reversesignals to see what happens, what it does.
Hi guys
Hi bcarbon
I use your setings as you posted on 610 post with risk 10. In two days i have 13 wins 5 pips and two loses, but they are bigger then 10 pips as you see on picture. As i see above, did i have to go on M5 minute chart with EA. Dont understand well above typing - reverse signal, PA. Thanks for explenation.

Today i go to real account with 0.01 lot .

P.S. Sorry for my english - Have to go to live in AMERICA, yah baby.
Attached Image (click to enlarge)
Click to Enlarge Name: pictureforff1.gif Size: 48 KB
  • #623
  • Aug 19, 2010 5:03pm Aug 19, 2010 5:03pm
Quoting Matija
Hi guys
Hi bcarbon
I use your setings as you posted on 610 post with risk 10. In two days i have 13 wins 5 pips and two loses, but they are bigger then 10 pips as you see on picture. As i see above, did i have to go on M5 minute chart with EA. Dont understand well above typing - reverse signal, PA. Thanks for explenation.

Today i go to real account with 0.01 lot .

P.S. Sorry for my english - Have to go to live in AMERICA, yah baby.
Can you post charts showing where did you enter the trades so that we can see any drawback on the trades specially the winning ones? Perhaps your SL is too big.
  • #624
  • Aug 20, 2010 12:59am Aug 20, 2010 12:59am

These are the settings I'm currently using. Now I know the stop loss is stupid but its not working anyway as far as I can tell... maybe someone with smaller stop has seen it hit and trade out.

I think with oppositedclose set to true it does close out with a loss. Sucks cause every loss I've had so far turned around and went the 4 pips
Remember 4 pips at 1.00 is 40 bucks x 2 trades=$80 per trade... My account was -1000 Monday from playing around with other ea's and trading ideas its now -500 so a few days of trading this way with these settings and all my loss's are almost caught up.

Again the loss's of this EA never hit my stupid crazy stop and all would have been 100% profit so far.

this is my setting on demo so far. And i don't think many of the other setting's even work. But the logic seems to be working and thats most of the battle.

Also this ea only takes one direction a time so if your short and its moving against you its going to be a few hours before it moves into profit. To bad it dont not take longs and shorts at the same time to diversify draw downs.

Lots 1.0

Oppositeclose True
Partialclose false
Reversesignals false
Maxtrades 100
Tradesperbar 2 (nice feacher)



Stoploss 150 a account killer i know
Takeproifit 4.0

All entry logics on true
  • #625
  • Aug 20, 2010 1:00am Aug 20, 2010 1:00am
Quoting Matija
Hi guys
Hi bcarbon
I use your setings as you posted on 610 post with risk 10. In two days i have 13 wins 5 pips and two loses, but they are bigger then 10 pips as you see on picture. As i see above, did i have to go on M5 minute chart with EA. Dont understand well above typing - reverse signal, PA. Thanks for explenation.

Today i go to real account with 0.01 lot .

P.S. Sorry for my english - Have to go to live in AMERICA, yah baby.
What Stop Loss amount are you using sir?
  • #626
  • Aug 20, 2010 7:52am Aug 20, 2010 7:52am
Hi, could I ask some one with some programming skills to modify this ALF Alert to show a close over the ALF line. At the moment it seems to need both a open and a close over the ALF line to signal.As a result it is often one bar late for a strategy I am testing

Also if possible add an optional EMA cross option

Your help would be appreciated. I'm happy to share what I am doing with anyone who could do this.

tks

Peter
Attached File(s)
File Type: mq4 ALF_Alert.mq4   3 KB | 723 downloads
  • #627
  • Aug 26, 2010 11:55pm Aug 26, 2010 11:55pm
Yikes it took a while but i blew up my demo. seems this weeks range killed this EA's performance. Ah but range trending always does don't it.

Back to drawing board with this. I'm thinking when ranging open up to h1 with the ea on MTF on 240 (hr) and be safe for the week or days of ranging.

another idea I'm trying is using the trend following dash board and only letting the ea trade in the direction of the H4 and H1 on these type of days.
  • #628
  • Aug 31, 2010 11:54am Aug 31, 2010 11:54am
Quoting scalpz
I was thinking while feeding the cat, so did some digging & had a play at adding email alert.
Found out its bloody hard to get a miss written alert off your chart before it alerts you again & again & again... Have to be quick, & just keep trying. Turning the volume down down down helps the mind work. What a laugh.

Now sorted that little repeating bit.

Anyways have a go at this. I only really tested the PopupAlerts as I've never been able to work an email alert manually.
Please let me know if it needs some more tweaks.

cheers scalpz...
Hi, scalpz.
SchaffmtfAlerts is very helpful. It is wonderful.
However, e-mail is not sent. I use as Emailalerts = on.

I am not good at English.
There may be impoliteness.
thanks.
  • #629
  • Sep 2, 2010 1:00am Sep 2, 2010 1:00am
hey Everyone!!

It's been quite a long time since I last posted something on this forum, I wanted to share an indicator that has been newly designed to help the trading system here.

I've attached a modified version of MTF Schaff Trend w/ Alerts, it has popup alerts, email alerts!! and you can set the levels in the input tab.

It's been tested already, try it out, let me know what you think.

P.S. I want to personally thank scalpz!!
Attached File(s)
File Type: zip MTF Schaff Trend v2.02.zip   2 KB | 836 downloads
  • #630
  • Sep 2, 2010 2:24am Sep 2, 2010 2:24am
Quoting eurisko
hey Everyone!!

It's been quite a long time since I last posted something on this forum, I wanted to share an indicator that has been newly designed to help the trading system here.

I've attached a modified version of MTF Schaff Trend w/ Alerts, it has popup alerts, email alerts!! and you can set the levels in the input tab.

It's been tested already, try it out, let me know what you think.

P.S. I want to personally thank scalpz!!
Hi, eurisko, thank you.
I was able to send e-mail. I appreciate very much.
  • #631
  • Sep 5, 2010 10:16am Sep 5, 2010 10:16am
Very good scalping system Thanks bbolss. I am searching a system kike this for a long time. Going to try this system tomorrow.
  • #632
  • Sep 6, 2010 7:59pm Sep 6, 2010 7:59pm
thanks so much for this thread. just to clarify, do we need to see very clear step up or down from the 5m alf before we enter trade?
  • #633
  • Sep 6, 2010 10:54pm Sep 6, 2010 10:54pm
yes price moves above alf mtf alf is moving up as well.

Or use the EA and decided if you like all the filters or just a few or none.

With all the filters on the EA has a tendency to place open trade at the top of the 1m range so a draw down happens before the 1 min catches up to the 5 and higher frames.

I'm experimenting with only some of the filters to see if I can get in sooner and catch the move. Like we do when we manual trade this system.
  • #634
  • Sep 6, 2010 10:55pm Sep 6, 2010 10:55pm
Quoting eurisko
hey Everyone!!

It's been quite a long time since I last posted something on this forum, I wanted to share an indicator that has been newly designed to help the trading system here.

I've attached a modified version of MTF Schaff Trend w/ Alerts, it has popup alerts, email alerts!! and you can set the levels in the input tab.

It's been tested already, try it out, let me know what you think.

P.S. I want to personally thank scalpz!!
Can you expalin or post a chart on how your using this new indy with the manual system?
  • #635
  • Sep 8, 2010 12:48am Sep 8, 2010 12:48am
Quoting tommbstone
Can you expalin or post a chart on how your using this new indy with the manual system?

Hey tommbstone,

Sure!! not a problem

Please refer to the image uploaded.

So lets pretend for a moment, you are trading during U.S. session, you look at the trade presented in the image, and you decide to short the trade. At that very moment your girlfriend/wife walks in and ask you to buy something at the market, naturally most people hate walking away from their computer and not have a clue whats going on!!

But wait, you just downloaded my MTF Schaff Trend indicator, which has an email alert system, if you have your phone setup correctly, once MTF Schaff Trend reverses above 25, you get that email, you login into your account with your phone, and you can immediately close the trade with a +30 pip gain!!

The MTF Schaff Trend indicator is just meant to gives traders back their lifes.

Enter your trade, setup the alert system and go enjoy life!!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 17 KB
  • #636
  • Sep 8, 2010 12:58am Sep 8, 2010 12:58am
Quoting eurisko
Hey tommbstone,

Sure!! not a problem

Please refer to the image uploaded.

So lets pretend for a moment, you are trading during U.S. session, you look at the trade presented in the image, and you decide to short the trade. At that very moment your girlfriend/wife walks in and ask you to buy something at the market, naturally most people hate walking away from their computer and not have a clue whats going on!!

But wait, you just downloaded my MTF Schaff Trend indicator, which has an email alert system, if you have your phone setup correctly,...
ok I see... makes perfect sence thanks
  • #637
  • Sep 8, 2010 12:39pm Sep 8, 2010 12:39pm
Quoting eurisko
Hey tommbstone,

Sure!! not a problem

Please refer to the image uploaded.

So lets pretend for a moment, you are trading during U.S. session, you look at the trade presented in the image, and you decide to short the trade. At that very moment your girlfriend/wife walks in and ask you to buy something at the market, naturally most people hate walking away from their computer and not have a clue whats going on!!

But wait, you just downloaded my MTF Schaff Trend indicator, which has an email alert system, if you have your phone setup correctly,...

Hi eurisko,

can you post your templates and the indicators which you have used?
  • #638
  • Sep 8, 2010 6:04pm Sep 8, 2010 6:04pm
Quoting srpips
Hi eurisko,

can you post your templates and the indicators which you have used?
Hi srpips!!

The template contains the MTF Schaff Trend v2.02, I suggest to play with it, if your using the strategy to scalp then using the M5 timeframe is perhaps best for scalping, if you think the trade might continue in the same direction because of some strong fundamental or technical analysis, then perhaps set timeframe to M15 (15) or even H1 (60). Let me know if you have any questions!

Note: All credit goes to the original creator of the strategy, BBolss.
Attached File(s)
File Type: zip BBolss M1 v3.zip   19 KB | 1,011 downloads
  • #639
  • Sep 10, 2010 1:39pm Sep 10, 2010 1:39pm
I recently received some concerns about my recent upload of my template and indicators, I heard it was crashing metatrader.

I really have no idea why this would happen to be honest, however I've repackaged the template and indicators.

In this new package I've only included the .ex4 files, I'm thinking maybe metatrader was having problems trying to compile the code? So if the code is already compiled, maybe it would be easier on the system.

Let me know if there is any concerns, or if anyone is still having a problem.
Attached File(s)
File Type: zip BBolss M1 v3 _2.zip   34 KB | 1,683 downloads
  • #640
  • Edited 2:59am Sep 12, 2010 2:46am | Edited 2:59am
That's a mazing indiactor,and thank you very much, and how about work with MTF macd,like 1h and 4h, it will be more helpful.
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