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Attachments: Urban Towers Scalping Strategy
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Urban Towers Scalping Strategy

  • #301
  • Nov 30, 2010 2:41pm Nov 30, 2010 2:41pm
Quoting Carllos
eurusd
yep took that one too, but hit sl, didn't get a good feeling when enetring this one. Overall up for the day 2 others hit tp earlier.
  • #302
  • Nov 30, 2010 3:38pm Nov 30, 2010 3:38pm
Have a play with this guys and see if it works.

The inputs include options to set the highest and lowest ema as inputs - I know the rainbow looks pretty but only the highest and lowest appear to actually be relevant.

There are stop loss and take profit inputs. Leave them set to zero and the bot will attempt to calculate them for you. I have not managed to pin down a formulated exit strategy anywhere in this thread, so the bot makes these assumptions:

 

  1. stop loss is the highest of the relevant highs for a sell, lowest of the relevant lows for a buy
  2. take profit is this figure multiplied by TpMultiplier

There are my usual trading hours inputs and management features.

Attached File(s)
File Type: mq4 Rainbow EMA auto trading robot by Steve Hopwood.mq4   45 KB | 833 downloads
  • #303
  • Dec 2, 2010 6:18am Dec 2, 2010 6:18am
Hi Navin, when do you decide to hedge and when do you decide to take hedge off? Are you using ths strategy to enter?
Sasa

Quoting n.prithyani
Good trading on Friday

I personally had a rough trading day on Friday and had to hedge but managed to take +104 pips.

Keep up the good work !

- Navin Prithyani
  • #304
  • Dec 2, 2010 9:12am Dec 2, 2010 9:12am
eurgbp
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-02_1509.png Size: 67 KB
"Hoe ur pips mate?" fxcarllos
  • #305
  • Dec 3, 2010 9:46am Dec 3, 2010 9:46am
many thanks for sharing your EA, will try it out and see.

Quoting SteveHopwood
Have a play with this guys and see if it works.

The inputs include options to set the highest and lowest ema as inputs - I know the rainbow looks pretty but only the highest and lowest appear to actually be relevant.

There are stop loss and take profit inputs. Leave them set to zero and the bot will attempt to calculate them for you. I have not managed to pin down a formulated exit strategy anywhere in this thread, so the bot makes these assumptions:
[list][*]stop loss is the highest of the relevant highs for a sell, lowest of the relevant...
  • #306
  • Dec 7, 2010 3:21am Dec 7, 2010 3:21am
I see good progress here on the strategy.

Keep up the good work guys. If any of you are able to develop a solid trading system out of this, let me know - I'll get you published onto my site right underneath the strategy's main page.

Anyone in the current USDCHF trade? I'm on the one hour chart and currently running a total of +180 pips.

- Navin Prithyani
Attached Image (click to enlarge)
Click to Enlarge Name: Dec. 07_10.jpg Size: 67 KB
  • #307
  • Dec 7, 2010 3:52am Dec 7, 2010 3:52am
Here's an update. Running at +360 pips.

- Navin Prithyani
Attached Image (click to enlarge)
Click to Enlarge Name: Dec. 07_16.jpg Size: 68 KB
  • #308
  • Dec 7, 2010 6:55am Dec 7, 2010 6:55am
Just found this thread i like. N.Prithyani did you ever find a good RSI indi?
Try Trade What You See-Almost Naked Trading, Lawgirl21.
  • #309
  • Dec 7, 2010 8:22am Dec 7, 2010 8:22am
similar to volcanoscoppy
  • #310
  • Dec 9, 2010 10:02am Dec 9, 2010 10:02am
eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-09_1544.png Size: 63 KB
"Hoe ur pips mate?" fxcarllos
  • #311
  • Dec 15, 2010 9:26am Dec 15, 2010 9:26am
eurusd
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-15_1401.png Size: 64 KB
"Hoe ur pips mate?" fxcarllos
  • #312
  • Dec 15, 2010 10:06am Dec 15, 2010 10:06am
Quoting Carllos
eurusd

missed the first, took the second -12 too
  • #313
  • Dec 21, 2010 12:25pm Dec 21, 2010 12:25pm
gbpsd
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-21_1822.png Size: 60 KB
"Hoe ur pips mate?" fxcarllos
  • #314
  • Dec 21, 2010 12:59pm Dec 21, 2010 12:59pm
audusd
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-21_1856.png Size: 44 KB
"Hoe ur pips mate?" fxcarllos
  • #315
  • Dec 21, 2010 1:10pm Dec 21, 2010 1:10pm
usdchf
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-21_1905.png Size: 45 KB
"Hoe ur pips mate?" fxcarllos
  • #316
  • Dec 21, 2010 1:11pm Dec 21, 2010 1:11pm
at the moment i´m not trading JPY pairs. There is a lot of false trades with those pairs, specialy usdjpy.
"Hoe ur pips mate?" fxcarllos
  • #317
  • Dec 22, 2010 8:31am Dec 22, 2010 8:31am
very simple and profitable strategy
  • #318
  • Dec 22, 2010 8:42am Dec 22, 2010 8:42am
I took a nice trade on the 1hr EURJPY using my Forecasts and Urban Towers Scalping Strategy.

Currently running at +200 pips. Any of you catch this?

- Navin Prithyani
Attached Image (click to enlarge)
Click to Enlarge Name: Dec. 22_07.jpg Size: 68 KB
  • #319
  • Edited 6:39pm Dec 22, 2010 6:15pm | Edited 6:39pm
usdchf
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-23_0010_001.png Size: 43 KB
"Hoe ur pips mate?" fxcarllos
  • #320
  • Dec 22, 2010 6:28pm Dec 22, 2010 6:28pm
audusd
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-23_0015.png Size: 43 KB
"Hoe ur pips mate?" fxcarllos
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