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EPD HFT Scalping system

  • #1
  • First Post: Edited Sep 21, 2012 5:08am Sep 20, 2012 4:18pm | Edited Sep 21, 2012 5:08am
EPD HFT Scalping system

Greeting fellow traders my name is ErikD and this is the system I use when trading in the FXmarket

Im not the best at english so apologize if the text might be confusing at times

I trade this system in a mechanical fashion and so far it has been working out great. System do generate alot of trades (I avrage about 3 trades an hour) so if you are one of those who panic with a few losses before win....this is not for you

General guidelines

Pair: Any pair with low spread

Timefram: 1min chart (I have tried this method at other TF but 1 min is the one working best)

Tradinghours: 06:00 – 12:00 GMT+1

R:R 1:2 (I risk 0,5% for a win of 1%)


Rules for entry

For long

CCI histo must be blue

HA candle must be blue

watch timer, is it less then 3 sec until close then enter

For short

Same rules as with long but vice verse


TP/SL

If long set SL at low of HA candle if short set it at high of HA candle

TP must always be double what your SL is. Cant stress this enough!
Attached Image (click to enlarge)
Click to Enlarge Name: sys.gif Size: 35 KB
Attached File(s)
File Type: mq4 CCI_Histogram.mq4   2 KB | 4,494 downloads
File Type: ex4 Heiken_Ashi_Smoothed.ex4   5 KB | 3,340 downloads
File Type: mq4 EJ_CandleTime.mq4   2 KB | 3,251 downloads
File Type: tpl epd scalping.tpl   38 KB | 3,365 downloads
  • #2
  • Sep 20, 2012 8:14pm Sep 20, 2012 8:14pm
Simple and good
  • #3
  • Sep 20, 2012 8:23pm Sep 20, 2012 8:23pm
Could you please make a Template for this system ?
  • #4
  • Sep 20, 2012 9:31pm Sep 20, 2012 9:31pm
Quoting ErikD
EPD HFT Scalping system

Greeting fellow traders my name is ErikD and this is the system I use when trading in the FXmarket

Im not the best at english so apologize if the text might be confusing at times

I trade this system in a mechanical fashion and so far it has been working out great. System do generate alot of trades (I avrage about 3 trades an hour) so if you are one of those who panic with a few losses before win....this is not for you

General guidelines

Pair: AUD/USD (you need a low spread)

Timefram: 1min chart (I have...

can the standard cci available on the mt4 platform be used...if so, what are the settings..?

what can be used instead of ej time ?
  • #5
  • Sep 21, 2012 12:52am Sep 21, 2012 12:52am
Quoting roreki
Could you please make a Template for this system ?
Done and done
  • #6
  • Sep 21, 2012 12:55am Sep 21, 2012 12:55am
Quoting whatfx
can the standard cci available on the mt4 platform be used...if so, what are the settings..?

what can be used instead of ej time ?
I am sorry my friend but no idea if the CCI in MT4 works


EJ candle time is just a timer so any timer would do. Whole point about the timer is so that you dont jump the gun to early or to late.
  • #7
  • Sep 21, 2012 1:42am Sep 21, 2012 1:42am
Please at least follow 5min trend or you will lose big.
  • #8
  • Sep 21, 2012 2:00am Sep 21, 2012 2:00am
Quoting ErikD
EPD HFT Scalping system

General guidelines

Pair: AUD/USD (you need a low spread)

Simple and good but your example is eurusd on chart. Do you use it too?
  • #9
  • Sep 21, 2012 3:45am Sep 21, 2012 3:45am
Quoting whatfx
can the standard cci available on the mt4 platform be used...if so, what are the settings..?
If you open the code of CCI histogram or the template then you see that the period is 45. So, if using ordinary indicator then you just have to use CCI period 45. Under 0 means red and above 0 means blue.
  • #10
  • Sep 21, 2012 5:13am Sep 21, 2012 5:13am
Quoting elbuitre
Simple and good but your example is eurusd on chart. Do you use it too?
Works on anything with a low spread
  • #11
  • Sep 21, 2012 5:14am Sep 21, 2012 5:14am
Quoting E-live
Please at least follow 5min trend or you will lose big.
Dont knock it untill you tried it
  • #12
  • Sep 21, 2012 5:46am Sep 21, 2012 5:46am
Do you trail the stoploss with the changing values of the latest HA candle or keep it fixed on the value when the trade was taken? Thanks
  • #13
  • Sep 21, 2012 6:20am Sep 21, 2012 6:20am
Quoting Toccata
Do you trail the stoploss with the changing values of the latest HA candle or keep it fixed on the value when the trade was taken? Thanks
fixed

You either win or you dont
  • #14
  • Sep 21, 2012 7:25am Sep 21, 2012 7:25am
This trade happened a few mins ago on EU.. Ill be keeping an eye on this thread..
Attached Image
  • #15
  • Sep 21, 2012 7:45am Sep 21, 2012 7:45am
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  • #16
  • Sep 21, 2012 7:53am Sep 21, 2012 7:53am
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Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 47 KB
  • #17
  • Sep 21, 2012 7:53am Sep 21, 2012 7:53am
Quoting rebelheart
This trade happened a few mins ago on EU.. Ill be keeping an eye on this thread..


Just remember that this system do generate alot of trades. In my experience trading 6-12 gmt+1 is the best hours

Although I looked at the EUR/USD chart for the past three days and taking signals 24/7

129 losses 81 wins
  • #18
  • Sep 21, 2012 8:28am Sep 21, 2012 8:28am
Like an other fellow said earlier may be checking another time frame for directionnal bias would be a good idea, It seems looking back on the chart of the EU that trading on the direction of the cci of the 15 min will give you an higher hit rate and allow for an higher RR, but in the other hand it will give fewer trades and you might miss some good ones from time to time (more testing has to be done on that, like i said it was just from visual back check...). I might just forward test that way and post my set ups in here during the NY session whenever I can. But anyways this system looks good. I love the HA, they keep you calmer and more confident in a trade with their filtering noise qualities and the commodity channel index seems to be a great confirmation tool for the smoothed HA.
It's not about what you make, it is about what you don't lose
  • #19
  • Sep 21, 2012 10:57am Sep 21, 2012 10:57am
Quoting ErikD
Dont knock it untill you tried it
Hey, it is a good try.l love to play 1min TF but always refer to 5min & 1HR trend.

This is a must, cos every body know 1min sometimes quite choppy. I manage

to gain 50 to 70 pips per day just for EU pair in 1min TF.

Don't worry yours is a good one. Thanks for sharing.
  • #20
  • Sep 21, 2012 11:56am Sep 21, 2012 11:56am
I looked around but did not see one anywhere. Is anyone on here able to create the same CCI histogram, but with a timeframe input? Would be very handy to see the M5 histogram on the M1 chart.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
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