Box Scalping

You're right..I tried many also and they are BS...but this one works good...no bugs..no CPU problem....proof it opened already a pending order on your EU chart.

Have change the Demo Broker to FXDD just now. Here it goes. But where is the difference between these two brokers with the exception of the higher spread at FXDD, where more pips will be lost when running the EA?

OK just try it a week then let me know.
What I think about robots ..some do work really good ..but the scam is that the ones who sell them never tell you that you need to have a certain level of experience to use them. They will never replace the trader. They are very sophisticated and need to be monitored very closely..
To make it short..you can never get rich with a robot or any EAs in general if you're not a good trader in the first place.

You're welcome

May I ask you what kind of settings you use on EU M5 ?

FerruFx

Maybe I rewrite the OCO-EA if I have more time. It couldn't be that this EA set a Buy Stop 1.4435 and a Sell Stop 1.40754 at EURUSD when the Daily Range is 1.40 - 1.45. What a sh*t!
Kindest regards
FXcube

Hello FerruFx,
Here are the settings for EU M5
Good day



#property copyright "Copyright 2009, Investatech Inc."
#property link "http://www.investatech.com"
extern bool TradesAllowed = true;
extern double StopLoss = 0.0;
extern double TakeProfit = 5.0;
extern double TakeProfit2 = 10.0;
extern double TakeProfit3 = 15.0;
extern double Lots = 0.1;
extern bool RemoveLineOnExit = FALSE;
int g_magic_108 = 1978034;
string g_name_112 = "DeepSkyBlueLineLong";
string g_name_120 = "LimeLineShort";
int init() {
return (0);
}
int deinit() {
if (RemoveLineOnExit) {
ObjectDelete(g_name_112);
ObjectDelete(g_name_120);
}
Comment("");
return (0);
}
int start() {
double l_price_60;
double l_price_68;
bool li_100;
double l_price_104;
double l_price_104_2;
double l_price_104_3;
double l_price_112;
double ld_120;
int l_count_0 = 0;
int l_count_4 = 0;
int l_count_8 = 0;
int l_ticket_12 = 0;
int l_count_16 = 0;
int l_ticket_20 = 0;
int l_ticket_24 = -100;
int l_ord_total_28 = OrdersTotal();
double l_ord_open_price_32 = 1000000;
double l_ord_open_price_40 = 0;

//
//
//
//
//

if (l_ord_total_28 > 0)
{
for (int l_pos_48 = 0; l_pos_48 < l_ord_total_28; l_pos_48++)
{
if (!OrderSelect(l_pos_48, SELECT_BY_POS, MODE_TRADES)) return (-1);
if (OrderSymbol() == Symbol() && OrderMagicNumber() == g_magic_108)
{
if (OrderType() == OP_BUYLIMIT || OrderType() == OP_BUYSTOP)
{
l_count_8++;
//if (l_count_8 > 1) OrderDelete(OrderTicket(), CLR_NONE);
if (l_count_8 == 1 || l_count_8 > 1)
{
l_ord_open_price_32 = OrderOpenPrice();
l_ticket_12 = OrderTicket();
}
}

//
//
//
//
//

if (OrderType() == OP_SELLLIMIT || OrderType() == OP_SELLSTOP)
{
l_count_16++;
//if (l_count_16 > 1) OrderDelete(OrderTicket(), CLR_NONE);
if (l_count_16 == 1 || l_count_16 > 1)
{
l_ord_open_price_40 = OrderOpenPrice();
l_ticket_20 = OrderTicket();
}
}
if (OrderType() >= OP_BUYLIMIT) {
l_ticket_24 = OrderTicket();
l_count_4++;
}
if (OrderType() <= OP_SELL) l_count_0++;
}
}
}

//
//
//
//
//

if (l_count_4 == 1 && l_count_0>0)
{
OrderDelete(l_ticket_24, CLR_NONE);
return (-1);
}
if (l_count_0 > 0) return (-1);
//
//
//
//
//
int pipModifier = 1; if (Digits==3 || Digits==5) pipModifier=10;
double l_point_52 = Point*pipModifier;

//
//
//
//
//

if (ObjectFind(g_name_112) < 0)
{
ObjectCreate(g_name_112, OBJ_HLINE, 0, TimeCurrent(), MathMax(High[0], MathMax(High[1], High[2])));
ObjectSet(g_name_112, OBJPROP_COLOR, DeepSkyBlue);
}
if (ObjectFind(g_name_120) < 0)
{
ObjectCreate(g_name_120, OBJ_HLINE, 0, TimeCurrent(), MathMin(Low[0], MathMin(Low[1], Low[2])));
ObjectSet(g_name_120, OBJPROP_COLOR, Lime);
}
if (ObjectFind(g_name_112) >= 0) l_price_60 = NormalizeDouble(ObjectGet(g_name_11 2, OBJPROP_PRICE1), Digits);
if (ObjectFind(g_name_120) >= 0) l_price_68 = NormalizeDouble(ObjectGet(g_name_12 0, OBJPROP_PRICE1), Digits);


RefreshRates();
double l_freezelevel_76 = MarketInfo(Symbol(), MODE_FREEZELEVEL);
double l_stoplevel_84 = MarketInfo(Symbol(), MODE_STOPLEVEL);
double l_pips_92 = MathMax(3*pipModifier, MathMax(l_freezelevel_76, l_stoplevel_84));
l_pips_92 = NormalizeDouble(l_pips_92 * Point, Digits);

//
//
//
//
//


Comment(TimeToStr(TimeLocal(),TIME_ DATE|TIME_SECONDS)," ",DoubleToStr(l_price_60,Digits )," ",DoubleToStr(l_ord_open_price_32,D igits));
if (TradesAllowed && MathAbs(l_price_60 - l_ord_open_price_32) > l_point_52)
{
if (l_price_60 <= Ask && l_price_60 >= Bid) return (-1);
if (l_price_60 > Ask && l_price_60 - Ask <= l_pips_92) return (-1);
if (l_price_60 < Bid && Bid - l_price_60 <= l_pips_92) return (-1);
li_100 = TRUE;
if (l_price_60 < Bid) li_100 = FALSE;
if (l_count_8 > 0)
if (!OrderDelete(l_ticket_12, CLR_NONE)) return (-1);
if (li_100)
{
l_price_104 = NormalizeDouble(l_price_60 + TakeProfit * pipModifier * Point, Digits);
l_price_104_2 = NormalizeDouble(l_price_60 + TakeProfit2 * pipModifier * Point, Digits);
l_price_104_3 = NormalizeDouble(l_price_60 + TakeProfit3 * pipModifier * Point, Digits);
l_price_112 = NormalizeDouble(l_price_60 - StopLoss * pipModifier * Point, Digits);
if (TakeProfit == 0.0) l_price_104 = 0;
if (TakeProfit2 == 0.0) l_price_104_2 = 0;
if (TakeProfit3 == 0.0) l_price_104_3 = 0;
if (StopLoss == 0.0) l_price_112 = 0;
OrderSend(Symbol(), OP_BUYSTOP, Lots, l_price_60, 3, l_price_112, l_price_104, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_BUYSTOP, Lots, l_price_60, 3, l_price_112, l_price_104_2, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_BUYSTOP, Lots, l_price_60, 3, l_price_112, l_price_104_3, "", g_magic_108, 0, CLR_NONE);
}
else
{
l_price_104 = NormalizeDouble(l_price_60 + TakeProfit * pipModifier * Point, Digits);
l_price_104_2 = NormalizeDouble(l_price_60 + TakeProfit2 * pipModifier * Point, Digits);
l_price_104_3 = NormalizeDouble(l_price_60 + TakeProfit3 * pipModifier * Point, Digits);
l_price_112 = NormalizeDouble(l_price_60 - StopLoss * pipModifier * Point, Digits);
if (TakeProfit == 0.0) l_price_104 = 0;
if (TakeProfit2 == 0.0) l_price_104_2 = 0;
if (TakeProfit3 == 0.0) l_price_104_3 = 0;
if (StopLoss == 0.0) l_price_112 = 0;
OrderSend(Symbol(), OP_BUYLIMIT, Lots, l_price_60, 3, l_price_112, l_price_104, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_BUYLIMIT, Lots, l_price_60, 3, l_price_112, l_price_104_2, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_BUYLIMIT, Lots, l_price_60, 3, l_price_112, l_price_104_3, "", g_magic_108, 0, CLR_NONE);
}
}
if (TradesAllowed && MathAbs(l_price_68 - l_ord_open_price_40) > l_point_52) {
ld_120 = l_point_52 * MarketInfo(Symbol(), MODE_SPREAD);
if (l_price_68 <= Ask && l_price_68 >= Bid) return (-1);
if (l_price_68 > Ask && l_price_68 - Ask <= l_pips_92) return (-1);
if (l_price_68 < Bid && Bid - l_price_68 <= l_pips_92) return (-1);
li_100 = TRUE;
if (l_price_68 > Ask) li_100 = FALSE;
if (l_count_16 > 0)
if (!OrderDelete(l_ticket_20, CLR_NONE)) return (-1);
if (li_100) {
l_price_104 = NormalizeDouble(l_price_68 - TakeProfit * pipModifier * Point, Digits);
l_price_104_2 = NormalizeDouble(l_price_68 - TakeProfit2 * pipModifier * Point, Digits);
l_price_104_3 = NormalizeDouble(l_price_68 - TakeProfit3 * pipModifier * Point, Digits);
l_price_112 = NormalizeDouble(l_price_68 + StopLoss * pipModifier * Point, Digits);
if (TakeProfit == 0.0) l_price_104 = 0;
if (TakeProfit2 == 0.0) l_price_104_2 = 0;
if (TakeProfit3 == 0.0) l_price_104_3 = 0;
if (StopLoss == 0.0) l_price_112 = 0;
OrderSend(Symbol(), OP_SELLSTOP, Lots, l_price_68, 3, l_price_112, l_price_104, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_SELLSTOP, Lots, l_price_68, 3, l_price_112, l_price_104_2, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_SELLSTOP, Lots, l_price_68, 3, l_price_112, l_price_104_3, "", g_magic_108, 0, CLR_NONE);
} else {
l_price_104 = NormalizeDouble(l_price_68 - TakeProfit * pipModifier * Point, Digits);
l_price_104_2 = NormalizeDouble(l_price_68 - TakeProfit2 * pipModifier * Point, Digits);
l_price_104_3 = NormalizeDouble(l_price_68 - TakeProfit3 * pipModifier * Point, Digits);
l_price_112 = NormalizeDouble(l_price_68 + StopLoss * pipModifier * Point, Digits);
if (TakeProfit == 0.0) l_price_104 = 0;
if (TakeProfit2 == 0.0) l_price_104_2 = 0;
if (TakeProfit3 == 0.0) l_price_104_3 = 0;
if (StopLoss == 0.0) l_price_112 = 0;
OrderSend(Symbol(), OP_SELLLIMIT, Lots, l_price_68, 3, l_price_112, l_price_104, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_SELLLIMIT, Lots, l_price_68, 3, l_price_112, l_price_104_2, "", g_magic_108, 0, CLR_NONE);
OrderSend(Symbol(), OP_SELLLIMIT, Lots, l_price_68, 3, l_price_112, l_price_104_3, "", g_magic_108, 0, CLR_NONE);
}
}
return (0);
}

http://www.forexfactory.com/images/m...ading_dark.gif

Good morning FXcube,
A few nighmares overnight I see...that's normal
Remove OCO from Daily Chart & attach it to EU M5 with specified settings.
Let it run without any changes to the code.

EU H1
EU M1
Scalping for 10 pips ..trailing 8-10

Thanks.

You don't use StopLoss. So how do you manage hedging ? I mean, when the price turn against you and go to trigger the opposite pendings, the previous orders are still here. Do you close them or your broker allow hedging ?

Do you reset the EA after orders closed ? Because when price goes far from the trigger lines, you are in a situation where no more order will open until price goes back ... if price goes back !

FerruFx

Hi FXCube !

I have congratulated you before for a system that makes money!

I find your methods good - can make money systematically. I myself trade similar system - don't post because of all sorts of guys who would like to "improve" upon the posts in general. I could not understand this part of FF-posters. Why are people obsessed with " I will suggest something that will make you a better trader or make your system better" ?

As far as EAs go, if they were such money-spinners, why would the vendors sell it for $99 a shot ! And why everyone is not a millionaire if EAs work. Funny they all use it on Demos.

I think this is the hardest game bar none, in town but money can be made by following simple methods and utilizing intelligent MM.

Hi Matt795
Scalping is for me 10 Sec., 30 Sec. M1, M2, M5 not more. If you have the intention to avoid false signals look at higher timeframes and don't scalp (or e.g. you can use ADX at M5 > 20/25 to avoid false signals. Trade then above this level, or/and use e.g.MACD12,26,9). So easy! If you scalp the whole day long you will forfeit your money! Take also a look at #478, please.
Kindest regards
FXcube

Hi vilas!
My sentiments exactly!
FXcube

Sorry B737Pilot
All that I have done in the correct way!
Believe me!
FXcube

Life Trading
EURUSD, M1, 2011 September 01
Short @ 1.4301

OK OK :-) guys lets do some serious scalping...OCO is a toy..take it for what it is.

See #475

Life Trading
EURUSD, M1, 2011 September 01
Exit @ 1.4285
Profit: + 16 Pips

Scalping Systems:
Link:
http://forex-strategies-revealed.com/forex-scalping
http://forex-strategies-revealed.com/scalping-systems

...and follow the discussion about "false signals".

EURUSD, M1, 2011 September 01
OCO_Visual_2
Actual: EA Test at Demo Account

Life Trading
EURUSD, M1, 2011 September 01
Long @ 1.4230