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5m scalp system

  • #141
  • Jun 19, 2011 6:29pm Jun 19, 2011 6:29pm
Quoting Koellefornia
Next trade at 9:05, because the bar from 9:00 has a lower High and lower Low than 8:55, so i get into the trade earlier. Why you dont take the trade at 9:05?
You're right, I missed it, I traded the next candle, it didn't affected the results.
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  • #142
  • Jun 19, 2011 6:43pm Jun 19, 2011 6:43pm
Quoting Koellefornia
I also get the Trades #4,5,6,7

But @14:40 there are differences.

I take the trade @14:40 too, but i closed it a bar later than you..
Open @1,4269 (1,4267+2 Pips Spread), TP @ 1,4275 (4 Pips range (signal bar)).

So the EA closed the trade @14:45 and didnt get your big winner @14:55, but he creates 2 losses, which you didn't get, because you were still in a trade...

Perhaps my spread is too high for your trading system..
@10.40 I had a trade, closed on the next candle. (broker feed differences...)
All the other trades were valid according to my broker's data
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  • #143
  • Jun 20, 2011 11:16am Jun 20, 2011 11:16am
hey guys

8trades for today

5loosers
3winners
Poshcom
  • #144
  • Jun 20, 2011 11:23am Jun 20, 2011 11:23am
here my trades
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Poshcom
  • #145
  • Jun 21, 2011 1:44pm Jun 21, 2011 1:44pm
6 winners and 4 loosers for today
Poshcom
  • #146
  • Jun 27, 2011 2:14pm Jun 27, 2011 2:14pm
Results for the last week:
8 wins, 5 losses
10 wins, 4 losses
5 wins, 6 losses
10 wins, 7 losses
6 wins and 7 losses

Today, 6 wins and 8 losses
  • #147
  • Aug 19, 2011 5:32am Aug 19, 2011 5:32am
Obrigado por compartilhar seu sistema.

First of all, many thanks for sharing your system sir.

I need a clarification please. When you find the situation (see pic attached below) where there are two bars that qualify for the set up, which one will you choose as a signal bar? Because I choose the first one bar with my "limit order" and before triggered at price 1,4320 then came the second one signal bar. In this case, do you place a second limit order?

This situation occurs more than once.

Thank you in advance and have a good weekend!
Attached Image
  • #148
  • Aug 24, 2011 6:56am Aug 24, 2011 6:56am
Quoting Peretola
Obrigado por compartilhar seu sistema.

First of all, many thanks for sharing your system sir.

I need a clarification please. When you find the situation (see pic attached below) where there are two bars that qualify for the set up, which one will you choose as a signal bar? Because I choose the first one bar with my "limit order" and before triggered at price 1,4320 then came the second one signal bar. In this case, do you place a second limit order?

This situation occurs more than once.

Thank you in advance and have a good weekend!
Hi! Sorry for the late reply. The first bar is the signal bar and it remains as it for 3 consecutive bars, then you cancel the order and wait for the next signal candle.
  • #149
  • Aug 24, 2011 7:22am Aug 24, 2011 7:22am
And just to try to get the thread active again, here are the results of July;
10w 3l (06 July) 7
8w 5l (07 July) 3
6w 4l (08 July) 2
10w 3l (11 July) 7
5w 2l (12 July) 3
8w 2l (13 July) 6
5w 6l (14 July) -1
5w 6l (15 July) -1
8w 6l (18 July) 2
5w 4l (19 July ) 1
5w 4l (20 July) 1
6w 5l (21 July) 1
6w 7l (22 July) -1
6w 5l (25 July) 1
4w 8l (26 July) -4
7w 3 l (27 July) 4
9w 10l (28 July) -1
4w 7l (29 July) -3
----
10w 1l (2-08) 9
7w 4l (03-08) 3
6w 2l (4-08) 4

--- 43 profit units

Vacations

--- and now I'm back!
  • #150
  • Aug 24, 2011 7:32am Aug 24, 2011 7:32am
There are missing results because I canīt trade every day. College, girlfriend, diving, parties, etc...
  • #151
  • Aug 24, 2011 9:22am Aug 24, 2011 9:22am
Thanks for your answer 0002097. I'll follow closely your nice system and I'll post my trades next week.

Have fun!!
  • #152
  • Aug 24, 2011 9:41am Aug 24, 2011 9:41am
Quoting Peretola
Thanks for your answer 0002097. I'll follow closely your nice system and I'll post my trades next week.

Have fun!!
You're welcome! Here's something that can help you placing orders faster:http://www.forexfactory.com/showthread.php?t=308484
(two scripts to place pending orders according to the system rules)
  • #153
  • Aug 25, 2011 4:52am Aug 25, 2011 4:52am
Hi,
Good to see you back. Your results are very impressive. But I personally cannot repeat your results yet. I was thinking maybe you could organize trading session on skype or other application like facebook or G+. So we could follow you on your trades and see why we have such differences. Than we could automate the thing.

what do you think ?
  • #154
  • Aug 25, 2011 5:40am Aug 25, 2011 5:40am
Quoting lizu
Hi,
Good to see you back. Your results are very impressive. But I personally cannot repeat your results yet. I was thinking maybe you could organize trading session on skype or other application like facebook or G+. So we could follow you on your trades and see why we have such differences. Than we could automate the thing.

what do you think ?
Hi Lizu, good to see around here again! I think it's a good idea, let's wait and see if anybody else is interested.

The differences on the results may be caused by differences on price feed from different brokers or even on the same broker depending if you're using demo or live accounts to test this. Since this a system on a small time frame small differences can affect results.
I'm think it should work on bigger timeframes as it relies on price action and trend detection.
  • #155
  • Aug 25, 2011 6:00am Aug 25, 2011 6:00am
I can't trade anymore today, here are my results; 4 wins and 2 losses.

+6%
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  • #156
  • Aug 25, 2011 6:35am Aug 25, 2011 6:35am
Hi,
Great so far i have the same results as You today. Would it be possible to organize this live session tomorrow if others are interested as well ?
  • #157
  • Aug 25, 2011 6:49am Aug 25, 2011 6:49am
Quoting lizu
Hi,
Great so far i have the same results as You today. Would it be possible to organize this live session tomorrow if others are interested as well ?
This week it's going to be impossible, I'm visiting my family at the moment so let's wait till next week, this way we can join more people and I can do it in my place.
  • #158
  • Aug 25, 2011 11:10am Aug 25, 2011 11:10am
Great Thank You.
  • #159
  • Aug 25, 2011 11:13am Aug 25, 2011 11:13am
Can you do one more thing. Account type can force different lot type e.g mini Lot = 10000, Micro = 1000. And in the original method we should trade % so if we could specify these 2 things. Lot type and percentage of the account we risk on the trade it would be super EA.

Quoting Xaphod
An EA for backtesting the 5m scalp system. Written for strategy tester.
Note! It requires that PwR.ex4 is installed. Get it from the first post, and the THV T3 Trix if you want to use that filter.

xM5-Scalper v0.93 EA Changes
[list][*]Set entry to top/bottom of...
  • #160
  • Aug 25, 2011 1:17pm Aug 25, 2011 1:17pm
Today 8 wins and 3 losses. 5 profit units, +15%
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