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The Scalpers Dream

  • #141
  • Oct 28, 2010 12:33am Oct 28, 2010 12:33am
Hi Guys,

Been following silently,

The only thing I can see wrong is the R:R needs to be inproved as those losses are eating away at every win.

An intresting article related here

http://www.investopedia.com/articles...37327152&close
  • #142
  • Oct 28, 2010 1:47am Oct 28, 2010 1:47am
hi friend
good job!

i'm following you and i started testing..

here are the first 2:

http://gyazo.com/5a0ac343908fa45747d84b737f454f63.png

good!!!

another one opened this morning:

http://gyazo.com/68db4c07767477fe1c9069a4a403d950.png
still working..

p.s. un ringraziamento sentito per ek24... finalmente trovo qualche buon intenditore italiano!!
  • #143
  • Oct 28, 2010 2:18am Oct 28, 2010 2:18am
if you look at uj, the second link i've posted, i think tp and sl are too large..
entry at 81.50
tp 79.00 - 150 pips
sl 87.00 - 550 pips!!!!!!!!!!!!

there's something wrong with the ea??
  • #144
  • Oct 28, 2010 2:20am Oct 28, 2010 2:20am
Quoting dnabrasil
hi friend
good job!

i'm following you and i started testing..

here are the first 2:

http://gyazo.com/5a0ac343908fa45747d84b737f454f63.png

good!!!

another one opened this morning:

http://gyazo.com/68db4c07767477fe1c9069a4a403d950.png
still working..

p.s. un ringraziamento sentito per ek24... finalmente trovo qualche buon intenditore italiano!!
Entries definitely way wrong, entry should be 81.15, SL should be 81.50 and TP should be 81.00

Almost got excited with the posted EA but not going to use it yet
  • #145
  • Oct 28, 2010 2:57am Oct 28, 2010 2:57am
Very interesting Thread you guys have, Thanks Jaws for this amazing scalping system.

I would like to cooperate with an idea for a better and adaptative SL for different volatility situations.

1) There is an indicator (I know you dont agree with using most of them) in the THV system to place SL, this is 3xATR in the Info-Panel (I could not attach an image from this info panel as I exceeded my cuota, but you can search in the popular THV system if you want to see it) , as far as I know it acts according to currect market's volatility, giving us a SL , this could help someway with this system's EA to automaticaly adapt SL ,we could also multiply this variable to a constant ( depending on each pair) in the input settings, or inside EA's code, before pending orders are placed.

Thanks for your attention

___________
Sequoia
  • #146
  • Oct 28, 2010 3:19am Oct 28, 2010 3:19am
i'm demo-testing it!
  • #147
  • Oct 28, 2010 3:22am Oct 28, 2010 3:22am
Quoting dnabrasil
i'm demo-testing it!
No problem friend
  • #148
  • Oct 28, 2010 3:23am Oct 28, 2010 3:23am
Quoting TriMagic
Entries definitely way wrong, entry should be 81.15, SL should be 81.50 and TP should be 81.00

Almost got excited with the posted EA but not going to use it yet
It depends on the EA settings the entry point, TP and SL are all adjustable. The EA also uses stealth trading with fake TP and SL so the broker don't know what your doing then it closes the trades at the right place. he posted it somewhere in this thread.
  • #149
  • Oct 28, 2010 3:25am Oct 28, 2010 3:25am
Quoting jaws810
It depends on the EA settings the entry point, TP and SL are all adjustable. The EA also uses stealth trading with fake TP and SL so the broker don't know what your doing then it closes the trades at the right place. he posted it somewhere in this thread.
So what you saying, what I see on his trade opened for SL and TP is not in fact like that?

Ok thanks jaws810
  • #150
  • Oct 28, 2010 3:33am Oct 28, 2010 3:33am
Quoting roundrock
hi EK24,

i saw the code posted by you

SL=Ask-((Stop_Loss+20)/Moltiplicatore);
TP=Ask+((Take_Profit+10)/Moltiplicatore);

why are you adding 20 to SL and 10 to TP ? Thats why the sl, tp are wrong
But did you read all my posts?
SL +20 and TP +10 only opening the order just in case something happen to the EA, to your computer, to the NET ...
The order are closed in the right way by the EA.
Bye
  • #151
  • Oct 28, 2010 3:36am Oct 28, 2010 3:36am
Quoting jaws810
It depends on the EA settings the entry point, TP and SL are all adjustable. The EA also uses stealth trading with fake TP and SL so the broker don't know what your doing then it closes the trades at the right place. he posted it somewhere in this thread.

perfect... i like stealth mode..
how could i know the real tp & sl?

i've attached the ea and didn't modified nothing..
  • #152
  • Oct 28, 2010 3:40am Oct 28, 2010 3:40am
Quoting dnabrasil
hi friend
good job!

p.s. un ringraziamento sentito per ek24... finalmente trovo qualche buon intenditore italiano!!
Grazie per l'incoraggiamento.
Se stasera riesco aggiungo i blocchi temporali come promesso.

Ciao,
Ek24
  • #153
  • Oct 28, 2010 3:45am Oct 28, 2010 3:45am
Quoting dnabrasil
perfect... i like stealth mode..
how could i know the real tp & sl?

i've attached the ea and didn't modified nothing..
Also attached it now to start testing with no change in settings
  • #154
  • Oct 28, 2010 3:50am Oct 28, 2010 3:50am
Quoting dnabrasil
perfect... i like stealth mode..
how could i know the real tp & sl?

i've attached the ea and didn't modified nothing..
The real TP and SL are those you set when add the EA to a Window.
I simply add +20 to the SL and +10 to the TP.

Anyone tried to backtesting with the EA?

Bye
Ek24
  • #155
  • Oct 28, 2010 4:46am Oct 28, 2010 4:46am
Hi All, looks promising doesn't it??

I see there are plenty whipsaws today, how are you guys doing trading this way?

One question: I suppose it is not very likely that brokers etc would recognise this trading strategy and act to nullify it? Or am I just being paranoid? Another thing...which ties in to the first question...What's to stop the brokers etc from hunting our own stops that are used in this strategy? Any way that we can mitigate this?

Cheers

H

BTW, tried this out manually this morning, 5W1L...money management folks...
  • #156
  • Oct 28, 2010 5:24am Oct 28, 2010 5:24am
Running the EA strategy doesnt seem to be producing great results im afraid!
  • #157
  • Oct 28, 2010 6:59am Oct 28, 2010 6:59am
i attached this EA to 10 pairs. so far 8 losses and 1 win. 2 are in running, but in losses
  • #158
  • Oct 28, 2010 7:29am Oct 28, 2010 7:29am
The EA didn't open trade on usdjpy pair @ 81.15?
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 9 KB
  • #159
  • Oct 28, 2010 7:34am Oct 28, 2010 7:34am
I am testing buying at .xx75 & selling at .xx25 with a 25 pip TP/SL. Risk/Reward is 1:1. Max of 3 trades a day per pair risking .5%, 1%, 2%. Stop trading a pair if it is a win before hitting the max trade.
  • #160
  • Oct 28, 2010 7:39am Oct 28, 2010 7:39am
I couldn't get the EA to work. Settings are:

Buy: 75
Sell: 25
TP: 25
SL: 25
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